US Bancorp DE trimmed its holdings in shares of Hilton Hotels Co. Common Stock (NYSE:HLT) by 5.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,460 shares of the company’s stock after selling 1,053 shares during the period. US Bancorp DE’s holdings in Hilton Hotels Co. Common Stock were worth $1,539,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the business. Schwab Charles Investment Management Inc. boosted its holdings in shares of Hilton Hotels Co. Common Stock by 21.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,030,376 shares of the company’s stock worth $81,565,000 after buying an additional 184,359 shares in the last quarter. State Treasurer State of Michigan lifted its holdings in shares of Hilton Hotels Co. Common Stock by 39.0% in the 2nd quarter. State Treasurer State of Michigan now owns 82,700 shares of the company’s stock worth $6,547,000 after purchasing an additional 23,200 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its holdings in shares of Hilton Hotels Co. Common Stock by 198.0% in the 2nd quarter. Nissay Asset Management Corp Japan ADV now owns 43,146 shares of the company’s stock worth $3,415,000 after purchasing an additional 28,667 shares in the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Hilton Hotels Co. Common Stock by 214.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 674,243 shares of the company’s stock worth $53,373,000 after purchasing an additional 459,700 shares in the last quarter. Finally, Quantitative Systematic Strategies LLC bought a new position in shares of Hilton Hotels Co. Common Stock in the 2nd quarter worth $2,663,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

HLT has been the topic of a number of recent research reports. Deutsche Bank reiterated a “buy” rating and issued a $95.00 target price on shares of Hilton Hotels Co. Common Stock in a report on Tuesday, May 22nd. Zacks Investment Research upgraded Hilton Hotels Co. Common Stock from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a report on Thursday, July 19th. Berenberg Bank upgraded Hilton Hotels Co. Common Stock from a “hold” rating to a “buy” rating in a report on Thursday, July 19th. Goldman Sachs Group cut Hilton Hotels Co. Common Stock to a “buy” rating in a report on Sunday, June 10th. Finally, Jefferies Financial Group initiated coverage on Hilton Hotels Co. Common Stock in a report on Thursday, May 31st. They issued a “hold” rating and a $91.00 target price on the stock. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $86.31.

NYSE HLT opened at $75.69 on Friday. The firm has a market capitalization of $22.58 billion, a P/E ratio of 32.22, a P/E/G ratio of 2.81 and a beta of 1.26. Hilton Hotels Co. Common Stock has a 12 month low of $63.53 and a 12 month high of $88.11. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 13.51.

Hilton Hotels Co. Common Stock (NYSE:HLT) last released its quarterly earnings results on Wednesday, July 25th. The company reported $0.70 EPS for the quarter, meeting analysts’ consensus estimates of $0.70. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.48 billion. Hilton Hotels Co. Common Stock had a return on equity of 50.91% and a net margin of 15.53%. Hilton Hotels Co. Common Stock’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.51 EPS. equities analysts expect that Hilton Hotels Co. Common Stock will post 2.7 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, August 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.79%. The ex-dividend date is Thursday, August 9th. Hilton Hotels Co. Common Stock’s payout ratio is currently 30.00%.

About Hilton Hotels Co. Common Stock

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, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, and Hilton Grand Vacations brands.

See Also: Average Daily Trade Volume – What It Means In Stock Trading

Institutional Ownership by Quarter for Hilton Hotels Co. Common Stock (NYSE:HLT)

Receive News & Ratings for Hilton Hotels Co. Common Stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Hotels Co. Common Stock and related companies with MarketBeat.com's FREE daily email newsletter.