Partnervest Advisory Services LLC lowered its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,706 shares of the company’s stock after selling 100 shares during the period. Partnervest Advisory Services LLC’s holdings in Hilton Worldwide Holdings were worth $291,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HLT. Schwab Charles Investment Management Inc. increased its position in Hilton Worldwide Holdings by 131.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 743,199 shares of the company’s stock valued at $45,967,000 after buying an additional 421,910 shares during the last quarter. New Mexico Educational Retirement Board bought a new position in Hilton Worldwide Holdings during the second quarter valued at about $1,188,000. Cigna Investments Inc. New bought a new position in Hilton Worldwide Holdings during the second quarter valued at about $469,000. Global X Management Co. LLC increased its position in Hilton Worldwide Holdings by 1,099.0% in the second quarter. Global X Management Co. LLC now owns 18,273 shares of the company’s stock valued at $1,130,000 after buying an additional 16,749 shares during the last quarter. Finally, Pioneer Investment Management Inc. increased its position in Hilton Worldwide Holdings by 8.4% in the second quarter. Pioneer Investment Management Inc. now owns 208,962 shares of the company’s stock valued at $12,924,000 after buying an additional 16,167 shares during the last quarter.

Hilton Worldwide Holdings Inc. (NYSE HLT) opened at 61.00 on Friday. The stock has a market capitalization of $19.78 billion, a P/E ratio of 508.33 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 1-year low of $44.73 and a 1-year high of $67.79. The stock has a 50 day moving average of $62.53 and a 200 day moving average of $60.72.

Hilton Worldwide Holdings (NYSE:HLT) last released its quarterly earnings data on Wednesday, July 26th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.31 billion. During the same period in the previous year, the firm earned $0.25 EPS. The business’s revenue for the quarter was up 20.3% compared to the same quarter last year. On average, analysts expect 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. Investors 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 dividend payout ratio is presently 461.33%.

TRADEMARK VIOLATION WARNING: “Hilton Worldwide Holdings Inc. (NYSE:HLT) Stake Reduced by Partnervest Advisory Services LLC” was first reported by Daily Political and is owned by of Daily Political. If you are viewing this report on another website, it was copied illegally and republished in violation of United States and international copyright law. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/08/11/hilton-worldwide-holdings-inc-nysehlt-stake-reduced-by-partnervest-advisory-services-llc.html.

HLT has been the topic of several recent analyst reports. TheStreet downgraded shares of Hilton Worldwide Holdings from a “b” rating to a “c+” rating in a report on Friday, June 30th. Berenberg Bank reaffirmed a “sell” rating and set a $47.00 price objective on shares of Hilton Worldwide Holdings in a report on Thursday, July 27th. BidaskClub downgraded shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. Telsey Advisory Group increased their price objective on shares of Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a report on Wednesday, July 26th. Finally, Deutsche Bank AG increased their price objective on shares of Hilton Worldwide Holdings from $65.00 to $68.00 and gave the company a “buy” rating in a report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the stock. Hilton Worldwide Holdings currently has an average rating of “Buy” and an average 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.

Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT).

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 MarketBeat.com's FREE daily email newsletter.