Amica Mutual Insurance Co. Lowers Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Amica Mutual Insurance Co. reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 47.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,355 shares of the company’s stock after selling 13,738 shares during the period. Amica Mutual Insurance Co.’s holdings in Hilton Worldwide were worth $2,796,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of HLT. Chase Investment Counsel Corp acquired a new position in Hilton Worldwide during the fourth quarter worth $2,480,000. Gilbert & Cook Inc. boosted its holdings in Hilton Worldwide by 7.1% during the 4th quarter. Gilbert & Cook Inc. now owns 6,521 shares of the company’s stock valued at $1,187,000 after acquiring an additional 433 shares during the period. Unique Wealth Strategies LLC acquired a new position in Hilton Worldwide in the 4th quarter valued at about $774,000. Headlands Technologies LLC lifted its position in shares of Hilton Worldwide by 113.5% during the fourth quarter. Headlands Technologies LLC now owns 1,411 shares of the company’s stock worth $257,000 after purchasing an additional 750 shares in the last quarter. Finally, Syon Capital LLC purchased a new position in shares of Hilton Worldwide in the fourth quarter valued at approximately $447,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Hilton Worldwide from $176.00 to $185.00 and gave the stock a “hold” rating in a research note on Thursday. Wells Fargo & Company increased their price objective on Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 20th. Bank of America upped their price target on Hilton Worldwide from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Barclays lifted their price objective on Hilton Worldwide from $216.00 to $219.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Macquarie restated a “neutral” rating and set a $192.00 target price on shares of Hilton Worldwide in a research note on Wednesday, April 24th. Nine investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $207.59.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the sale, the insider now directly owns 2,536,478 shares of the company’s stock, valued at $496,338,015.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Hilton Worldwide Trading Up 0.0 %

NYSE HLT traded up $0.04 during trading hours on Monday, reaching $202.16. 1,134,619 shares of the company traded hands, compared to its average volume of 1,499,870. The stock has a market capitalization of $50.55 billion, a PE ratio of 43.95, a PEG ratio of 1.79 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 12 month low of $134.43 and a 12 month high of $215.79. The company has a 50 day moving average of $205.89 and a two-hundred day moving average of $185.61.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.41 by $0.12. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter last year, the company posted $1.24 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.07 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 17th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, May 16th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

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.