Warren Averett Asset Management LLC Continues to Hold Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Warren Averett Asset Management LLC maintained its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,729 shares of the company’s stock at the end of the second quarter. Warren Averett Asset Management LLC’s holdings in Hilton Worldwide Holdings were worth $478,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of HLT. UBS Asset Management Americas Inc. raised its position in shares of Hilton Worldwide Holdings by 7.4% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,733,825 shares of the company’s stock valued at $47,161,000 after buying an additional 118,997 shares during the period. Macquarie Group Ltd. raised its position in shares of Hilton Worldwide Holdings by 1,393.3% in the fourth quarter. Macquarie Group Ltd. now owns 179,200 shares of the company’s stock valued at $4,873,000 after buying an additional 167,200 shares during the period. Westpac Banking Corp raised its position in shares of Hilton Worldwide Holdings by 80.4% in the first quarter. Westpac Banking Corp now owns 196,230 shares of the company’s stock valued at $4,419,000 after buying an additional 87,466 shares during the period. Fox Run Management L.L.C. acquired a new position in shares of Hilton Worldwide Holdings during the second quarter valued at about $1,089,000. Finally, Capstone Asset Management Co. raised its position in shares of Hilton Worldwide Holdings by 161.2% in the second quarter. Capstone Asset Management Co. now owns 13,109 shares of the company’s stock valued at $811,000 after buying an additional 8,090 shares during the period.

Hilton Worldwide Holdings Inc. (NYSE HLT) traded up 0.49% on Friday, hitting $61.30. The stock had a trading volume of 1,682,860 shares. Hilton Worldwide Holdings Inc. has a 52 week low of $44.73 and a 52 week high of $67.79. The company has a market capitalization of $19.87 billion, a price-to-earnings ratio of 510.83 and a beta of 1.29. The firm has a 50-day moving average of $62.42 and a 200 day moving average of $60.74.

Hilton Worldwide Holdings (NYSE:HLT) last released its quarterly earnings results on Wednesday, July 26th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.02. Hilton Worldwide Holdings had a return on equity of 19.65% and a net margin of 0.39%. The business had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.31 billion. During the same quarter in the previous year, the company posted $0.25 earnings per share. Hilton Worldwide Holdings’s revenue for the quarter was up 20.3% on a year-over-year basis. On average, analysts predict that Hilton Worldwide Holdings Inc. will post $1.84 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, August 18th will be given a $0.15 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $0.60 annualized dividend and a dividend yield of 0.98%. Hilton Worldwide Holdings’s payout ratio is 461.33%.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Rincon Hill News and is owned by of Rincon Hill News. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://rinconhillneighbors.org/2017/08/12/warren-averett-asset-management-llc-holds-position-in-hilton-worldwide-holdings-inc-nysehlt-updated.html.

Several equities analysts have issued reports on the company. BidaskClub raised Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research raised Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Monday, July 31st. Berenberg Bank raised Hilton Worldwide Holdings from a “sell” rating to a “hold” rating and upped their target price for the stock from $47.00 to $65.00 in a research report on Monday, July 31st. Barclays PLC upped their target price on Hilton Worldwide Holdings from $63.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 27th. Finally, Telsey Advisory Group upped their target price on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $72.06.

About Hilton Worldwide Holdings

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.

Institutional Ownership by Quarter for Hilton Worldwide Holdings (NYSE:HLT)

Receive News & Ratings for Hilton Worldwide Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide Holdings Inc. and related companies with our FREE daily email newsletter.

 

Latest News



Leave a Reply

 
© 2006-2017 Rincon Hill News.