Ritholtz Wealth Management raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 89.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,412 shares of the company’s stock after acquiring an additional 7,767 shares during the quarter. Ritholtz Wealth Management’s holdings in Hilton Worldwide were worth $5,221,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Hilton Worldwide during the 2nd quarter valued at about $6,271,258,000. Bank of America Corp DE increased its position in shares of Hilton Worldwide by 0.7% during the 1st quarter. Bank of America Corp DE now owns 5,946,576 shares of the company’s stock valued at $1,808,235,000 after purchasing an additional 40,343 shares during the last quarter. Jupiter Topco LLC purchased a new stake in shares of Hilton Worldwide during the 2nd quarter valued at about $663,882,000. Janus Henderson Group PLC lifted its stake in shares of Hilton Worldwide by 13.5% in the 1st quarter. Janus Henderson Group PLC now owns 2,043,316 shares of the company’s stock worth $603,733,000 after purchasing an additional 242,916 shares during the period. Finally, Amundi lifted its stake in shares of Hilton Worldwide by 2.7% in the 2nd quarter. Amundi now owns 1,374,729 shares of the company’s stock worth $454,293,000 after purchasing an additional 36,303 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
HLT has been the topic of a number of research reports. Freedom Broker initiated coverage on shares of Hilton Worldwide in a report on Wednesday, October 14th. They issued a “buy” rating and a $359.00 price objective on the stock. Mizuho raised shares of Hilton Worldwide from a “neutral” rating to an “outperform” rating and upped their target price for the company from $329.00 to $421.00 in a report on Thursday, October 29th. Morgan Stanley reiterated an “overweight” rating on shares of Hilton Worldwide in a research report on Monday. Susquehanna lifted their price target on shares of Hilton Worldwide from $345.00 to $360.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 28th. Finally, Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $360.00 to $362.00 and gave the company an “outperform” rating in a research report on Wednesday, October 28th. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $365.08.
Hilton Worldwide Stock Down 1.1%
Shares of HLT opened at $372.73 on Friday. The business has a 50-day simple moving average of $333.84 and a two-hundred day simple moving average of $324.10. The stock has a market cap of $82.93 billion, a price-to-earnings ratio of 50.37, a PEG ratio of 2.95 and a beta of 1.08. Hilton Worldwide Holdings Inc. has a 52 week low of $263.95 and a 52 week high of $381.34.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.37 by $0.08. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. The firm had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $3.37 billion. During the same quarter last year, the company earned $2.11 earnings per share. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. On average, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.17 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 29th. Investors of record on Tuesday, December 1st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Hilton Worldwide’s dividend payout ratio is currently 8.11%.
Top Hilton Worldwide Stories
Here are a few of the latest stories about HLT:
- Positive Sentiment: Zacks Research modestly raised its FY2026 EPS estimate to $9.12 from $9.01 and its FY2028 forecast to $12.72 from $12.68, with small increases to select quarterly estimates. The revisions suggest some confidence in longer-term earnings growth. Hilton Worldwide analyst estimates
- Neutral Sentiment: The estimate changes were mixed: Zacks cut its FY2027 EPS forecast to $10.22 from $10.37 and lowered several 2027 quarterly estimates, while raising some other quarterly projections. This offers no clear near-term earnings signal. Hilton Worldwide analyst estimates
- Negative Sentiment: Insider Christopher Silcock sold 15,638 shares for about $5.8 million, reducing his holdings by 15.05%. Insider sales can unsettle investors, although the filing does not explain the reason for the transaction. Insider share sale report
Insider Activity
In other Hilton Worldwide news, insider Christopher Silcock sold 15,638 shares of the firm’s stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $370.17, for a total transaction of $5,788,718.46. Following the sale, the insider owned 88,257 shares in the company, valued at approximately $32,670,093.69. This trade represents a 15.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chris Carr sold 439 shares of Hilton Worldwide stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the transaction, the director directly owned 8,252 shares in the company, valued at $2,560,925.68. This represents a 5.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 174,416 shares of company stock worth $61,985,662 in the last quarter. 2.70% of the stock is currently owned by insiders.
About Hilton Worldwide
Hilton Worldwide Holdings Inc. is a global hospitality company that develops, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of travelers, from luxury and leisure guests to business travelers and extended-stay customers. Hilton also operates a vacation ownership business through Hilton Grand Vacations under a long-term brand and licensing relationship. The company’s brands include Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree, Embassy Suites, Hilton Garden Inn, Hampton, Homewood Suites and Hilton Honors, its guest loyalty program.
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