Sequoia Financial Advisors LLC lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 3.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,640 shares of the company’s stock after purchasing an additional 229 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Hilton Worldwide were worth $2,035,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC raised its stake in shares of Hilton Worldwide by 52.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 272,686 shares of the company’s stock valued at $73,342,000 after purchasing an additional 93,359 shares during the period. Clarendon Private LLC raised its stake in shares of Hilton Worldwide by 4.2% during the 2nd quarter. Clarendon Private LLC now owns 1,947 shares of the company’s stock valued at $519,000 after purchasing an additional 79 shares during the period. LRI Investments LLC raised its stake in shares of Hilton Worldwide by 84.1% during the 2nd quarter. LRI Investments LLC now owns 151 shares of the company’s stock valued at $40,000 after purchasing an additional 69 shares during the period. CWM LLC raised its stake in shares of Hilton Worldwide by 44.1% during the 2nd quarter. CWM LLC now owns 16,261 shares of the company’s stock valued at $4,331,000 after purchasing an additional 4,973 shares during the period. Finally, OFI Invest Asset Management raised its stake in shares of Hilton Worldwide by 55.9% during the 2nd quarter. OFI Invest Asset Management now owns 452 shares of the company’s stock valued at $120,000 after purchasing an additional 162 shares during the period. 95.90% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on the company. Truist Financial boosted their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. Bank of America upped their target price on Hilton Worldwide from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Robert W. Baird upped their target price on Hilton Worldwide from $276.00 to $278.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Macquarie upped their target price on Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Evercore ISI upped their target price on Hilton Worldwide from $270.00 to $280.00 and gave the stock an “in-line” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and an average target price of $267.88.
Insiders Place Their Bets
In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the completion of the sale, the insider directly owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is owned by corporate insiders.
Hilton Worldwide Trading Down 1.5%
Shares of Hilton Worldwide stock opened at $264.43 on Thursday. The firm has a market capitalization of $62.19 billion, a PE ratio of 40.62, a price-to-earnings-growth ratio of 2.65 and a beta of 1.19. The business’s 50-day moving average price is $268.20 and its 200-day moving average price is $254.01. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.80.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.04 by $0.16. The firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The company’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.91 EPS. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.
Hilton Worldwide Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a dividend of $0.15 per share. The ex-dividend date was Friday, August 29th. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.22%.
About Hilton Worldwide
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.
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