Wealthfront Advisers LLC raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,743 shares of the company’s stock after buying an additional 656 shares during the period. Wealthfront Advisers LLC’s holdings in Hilton Worldwide were worth $6,590,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC purchased a new position in Hilton Worldwide during the 1st quarter valued at about $353,985,000. Goldman Sachs Group Inc. boosted its stake in shares of Hilton Worldwide by 30.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company’s stock valued at $487,135,000 after purchasing an additional 494,224 shares during the period. Strs Ohio acquired a new position in shares of Hilton Worldwide in the first quarter valued at approximately $97,505,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Hilton Worldwide by 30.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,720,594 shares of the company’s stock worth $391,521,000 after buying an additional 398,827 shares during the period. Finally, Jennison Associates LLC lifted its holdings in Hilton Worldwide by 11.3% during the 1st quarter. Jennison Associates LLC now owns 3,784,366 shares of the company’s stock worth $861,132,000 after buying an additional 385,096 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the company. Robert W. Baird cut their price objective on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 17th. Jefferies Financial Group upped their price target on Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Raymond James Financial lifted their price objective on Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Truist Financial upped their target price on shares of Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Finally, Susquehanna lifted their price target on shares of Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $277.75.
Insider Activity
In related news, insider Christopher W. Silcock sold 11,905 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider owned 79,451 shares in the company, valued at $21,404,099.40. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.60% of the stock is currently owned by company insiders.
Hilton Worldwide Trading Down 0.6%
HLT stock opened at $266.09 on Tuesday. The stock has a market cap of $61.85 billion, a P/E ratio of 38.51, a PEG ratio of 2.75 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The company’s 50 day moving average is $267.92 and its two-hundred day moving average is $257.32.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its earnings results on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The firm had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period last year, the firm posted $1.92 EPS. The company’s revenue was up 8.8% on a year-over-year basis. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. On average, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, November 21st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. Hilton Worldwide’s payout ratio is presently 8.68%.
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.
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