AQR Capital Management LLC Has $176.63 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

AQR Capital Management LLC raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 112.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 714,620 shares of the company’s stock after acquiring an additional 378,206 shares during the quarter. AQR Capital Management LLC’s holdings in Hilton Worldwide were worth $176,626,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Noble Wealth Management PBC bought a new stake in Hilton Worldwide in the fourth quarter worth approximately $27,000. VSM Wealth Advisory LLC bought a new position in shares of Hilton Worldwide during the 4th quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Hilton Worldwide during the 4th quarter worth about $34,000. Sierra Ocean LLC acquired a new stake in shares of Hilton Worldwide during the 4th quarter valued at about $36,000. Finally, Hopwood Financial Services Inc. acquired a new stake in shares of Hilton Worldwide during the 4th quarter valued at about $41,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 1.0 %

Shares of NYSE HLT opened at $221.77 on Tuesday. The business’s 50 day moving average price is $229.90 and its two-hundred day moving average price is $242.71. The company has a market cap of $53.14 billion, a PE ratio of 36.06, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a twelve month low of $194.93 and a twelve month high of $275.22.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.11. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. As a group, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Friday, February 21st. Hilton Worldwide’s dividend payout ratio is presently 9.76%.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction on Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the transaction, the insider now directly owns 77,383 shares of the company’s stock, valued at $20,802,871.89. The trade was a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on HLT. Macquarie lifted their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Wells Fargo & Company increased their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Mizuho restated a “neutral” rating and issued a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Raymond James raised their price target on Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Finally, Susquehanna raised their price target on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $243.75.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.