Kingsview Wealth Management LLC Purchases New Shares in Hilton Worldwide Holdings Inc. $HLT

Kingsview Wealth Management LLC acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the second quarter, HoldingsChannel reports. The fund acquired 1,609 shares of the company’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Frazier Financial Advisors LLC bought a new stake in shares of Hilton Worldwide during the 2nd quarter valued at about $25,000. IMG Wealth Management Inc. bought a new position in Hilton Worldwide in the second quarter worth about $26,000. Trust Co. of Vermont purchased a new stake in Hilton Worldwide in the second quarter worth about $26,000. Kemnay Advisory Services Inc. bought a new stake in Hilton Worldwide during the 4th quarter valued at approximately $26,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Hilton Worldwide by 1,128.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after acquiring an additional 79 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. CICC Research began coverage on Hilton Worldwide in a research report on Wednesday, August 12th. They issued an “outperform” rating for the company. Argus upped their price target on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 target price on the stock in a report on Wednesday, August 12th. Finally, Sanford C. Bernstein decreased their price target on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target of $353.82.

Hilton Worldwide Stock Up 0.1%

Hilton Worldwide stock opened at $322.20 on Monday. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The company has a market capitalization of $72.52 billion, a P/E ratio of 47.31, a PEG ratio of 2.73 and a beta of 1.05. The stock’s 50 day moving average is $327.95 and its 200 day moving average is $322.35.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter in the previous year, the business earned $2.20 earnings per share. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s payout ratio is presently 8.81%.

About Hilton Worldwide

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.