Pitcairn Co. cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 26.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,753 shares of the company’s stock after selling 4,534 shares during the quarter. Pitcairn Co.’s holdings in Hilton Worldwide were worth $3,309,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in the business. NewEdge Advisors LLC increased its stake in shares of Hilton Worldwide by 25.6% in the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after buying an additional 465 shares during the last quarter. Empowered Funds LLC boosted its stake in Hilton Worldwide by 37.4% during the 1st quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock valued at $1,396,000 after acquiring an additional 1,669 shares during the last quarter. Woodline Partners LP grew its holdings in Hilton Worldwide by 38.8% during the 1st quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock worth $4,625,000 after acquiring an additional 5,687 shares in the last quarter. Intech Investment Management LLC increased its position in shares of Hilton Worldwide by 112.4% in the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Hilton Worldwide by 182.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after purchasing an additional 215 shares in the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Hilton Worldwide
In related news, insider Christopher J. Nassetta sold 114,289 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $317.47, for a total value of $36,283,328.83. Following the sale, the insider owned 36,445 shares of the company’s stock, valued at $11,570,194.15. This trade represents a 75.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on HLT
Hilton Worldwide Trading Up 0.8%
NYSE:HLT opened at $307.50 on Friday. The stock has a 50 day moving average of $303.77 and a 200-day moving average of $282.67. The firm has a market capitalization of $70.51 billion, a PE ratio of 50.25, a price-to-earnings-growth ratio of 2.66 and a beta of 1.10. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $333.86.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.06. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $2.99 billion. Hilton Worldwide had a negative return on equity of 40.24% and a net margin of 12.10%.The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.76 EPS. Hilton Worldwide has set its FY 2026 guidance at 8.490-8.610 EPS and its Q1 2026 guidance at 1.910-1.970 EPS. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.80%.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.
Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.
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