AMP Capital Investors Ltd decreased its position in Hilton Hotels Co. (NYSE:HLT) by 2.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,685 shares of the company’s stock after selling 1,889 shares during the period. AMP Capital Investors Ltd’s holdings in Hilton Hotels were worth $6,825,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Anderson Fisher LLC acquired a new stake in shares of Hilton Hotels in the 1st quarter valued at $26,000. Lenox Wealth Management Inc. purchased a new position in shares of Hilton Hotels in the 2nd quarter valued at $28,000. Weaver Consulting Group purchased a new position in shares of Hilton Hotels in the 1st quarter valued at $31,000. Carroll Financial Associates Inc. grew its position in shares of Hilton Hotels by 122.4% in the 2nd quarter. Carroll Financial Associates Inc. now owns 318 shares of the company’s stock valued at $31,000 after buying an additional 175 shares during the last quarter. Finally, MRA Associates USA LLC purchased a new position in shares of Hilton Hotels in the 2nd quarter valued at $37,000. 97.50% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE:HLT opened at $91.45 on Friday. The stock has a market capitalization of $26.23 billion, a price-to-earnings ratio of 32.78, a price-to-earnings-growth ratio of 2.82 and a beta of 1.10. Hilton Hotels Co. has a 1-year low of $63.76 and a 1-year high of $101.14. The company’s fifty day moving average is $93.45 and its two-hundred day moving average is $91.99. The company has a debt-to-equity ratio of 78.08, a quick ratio of 0.80 and a current ratio of 0.80.
Hilton Hotels (NYSE:HLT) last released its quarterly earnings results on Wednesday, July 24th. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.01 by $0.05. Hilton Hotels had a net margin of 8.71% and a return on equity of 330.66%. The business had revenue of $2.48 billion during the quarter, compared to analyst estimates of $2.44 billion. During the same quarter in the prior year, the firm earned $0.70 earnings per share. The company’s quarterly revenue was up 8.4% on a year-over-year basis. Sell-side analysts expect that Hilton Hotels Co. will post 3.86 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 9th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $0.60 annualized dividend and a dividend yield of 0.66%. Hilton Hotels’s dividend payout ratio (DPR) is 21.51%.
HLT has been the topic of several analyst reports. TheStreet downgraded shares of Hilton Hotels from a “b-” rating to a “c” rating in a report on Monday, June 3rd. Deutsche Bank reiterated a “hold” rating and issued a $95.00 price objective on shares of Hilton Hotels in a research note on Wednesday, July 24th. SunTrust Banks cut shares of Hilton Hotels from a “buy” rating to a “hold” rating and set a $101.00 price objective for the company. in a research note on Tuesday, July 16th. Macquarie cut shares of Hilton Hotels from an “outperform” rating to a “neutral” rating and set a $98.00 target price for the company. in a research report on Tuesday, September 3rd. Finally, Morgan Stanley lifted their target price on shares of Hilton Hotels from $86.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 25th. Ten investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $93.65.
Hilton Hotels Profile
Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises 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 to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Motto by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Signia Hilton brands.
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