Jennison Associates LLC Boosts Position in Hilton Worldwide Holdings Inc. $HLT

Jennison Associates LLC boosted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 22.4% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,631,719 shares of the company’s stock after purchasing an additional 847,353 shares during the quarter. Jennison Associates LLC’s holdings in Hilton Worldwide were worth $1,233,612,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Hilton Worldwide by 21.6% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 33,200 shares of the company’s stock valued at $8,842,000 after buying an additional 5,900 shares during the period. Teacher Retirement System of Texas raised its holdings in Hilton Worldwide by 25.7% in the second quarter. Teacher Retirement System of Texas now owns 59,039 shares of the company’s stock valued at $15,724,000 after buying an additional 12,080 shares during the period. Transcend Capital Advisors LLC purchased a new position in Hilton Worldwide in the second quarter valued at approximately $334,000. Nisa Investment Advisors LLC raised its holdings in Hilton Worldwide by 19.5% in the second quarter. Nisa Investment Advisors LLC now owns 33,320 shares of the company’s stock valued at $8,874,000 after buying an additional 5,436 shares during the period. Finally, Resonant Capital Advisors LLC raised its stake in shares of Hilton Worldwide by 5.5% during the second quarter. Resonant Capital Advisors LLC now owns 958 shares of the company’s stock valued at $255,000 after purchasing an additional 50 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

HLT has been the topic of a number of analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Hilton Worldwide in a research note on Wednesday, October 8th. Morgan Stanley lifted their price objective on shares of Hilton Worldwide from $286.00 to $289.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Macquarie lifted their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Sanford C. Bernstein lifted their price objective on shares of Hilton Worldwide from $261.00 to $288.00 and gave the company a “market perform” rating in a research note on Tuesday, September 16th. Finally, Robert W. Baird dropped their price objective on shares of Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $277.75.

Hilton Worldwide Trading Down 1.9%

Shares of NYSE:HLT opened at $261.23 on Wednesday. The company has a fifty day simple moving average of $267.72 and a 200 day simple moving average of $257.68. The firm has a market cap of $60.72 billion, a PE ratio of 37.80, a price-to-earnings-growth ratio of 2.73 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.80.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.06. The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The business’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.92 earnings per share. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. As a group, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. Hilton Worldwide’s payout ratio is currently 8.68%.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the transaction, the insider owned 79,451 shares of the company’s stock, valued at $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.60% of the stock is currently owned by corporate insiders.

Hilton Worldwide Company 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.