Chevy Chase Trust Holdings LLC lessened its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 4.4% during the third quarter, Holdings Channel reports. The fund owned 120,271 shares of the company’s stock after selling 5,521 shares during the period. Chevy Chase Trust Holdings LLC’s holdings in Hilton Worldwide were worth $31,203,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HLT. Vanguard Group Inc. increased its holdings in shares of Hilton Worldwide by 0.6% in the third quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock valued at $6,606,172,000 after purchasing an additional 151,984 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Hilton Worldwide by 12.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock worth $2,620,531,000 after buying an additional 1,132,880 shares during the period. State Street Corp boosted its holdings in shares of Hilton Worldwide by 0.9% during the 2nd quarter. State Street Corp now owns 9,595,709 shares of the company’s stock worth $2,555,721,000 after buying an additional 86,689 shares during the period. Franklin Resources Inc. grew its stake in Hilton Worldwide by 10.4% in the 3rd quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock valued at $1,559,316,000 after buying an additional 567,651 shares during the last quarter. Finally, Jennison Associates LLC raised its holdings in Hilton Worldwide by 2.6% in the 3rd quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock valued at $1,232,571,000 after acquiring an additional 119,172 shares during the period. 95.90% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
HLT has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating and set a $339.00 price objective on shares of Hilton Worldwide in a report on Wednesday, February 11th. Evercore lifted their price target on Hilton Worldwide from $325.00 to $335.00 in a report on Thursday, February 12th. Raymond James Financial boosted their price target on Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Wells Fargo & Company increased their price objective on Hilton Worldwide from $338.00 to $373.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, Macquarie Infrastructure lifted their target price on Hilton Worldwide from $267.00 to $280.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus price target of $326.18.
Hilton Worldwide Trading Down 1.0%
NYSE HLT opened at $291.26 on Monday. The company has a market cap of $66.78 billion, a price-to-earnings ratio of 47.59, a PEG ratio of 2.53 and a beta of 1.10. The company has a 50 day moving average of $304.57 and a 200-day moving average of $283.83. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $333.86.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.06. The firm had revenue of $1.30 billion for 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 company’s revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, February 27th. Hilton Worldwide’s dividend payout ratio is presently 9.80%.
Insider Buying and Selling
In other Hilton Worldwide news, insider Christopher J. Nassetta sold 114,289 shares of the firm’s 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 transaction, the insider directly 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is currently owned by corporate insiders.
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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