Pictet Asset Management Holding SA Has $160.80 Million Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Pictet Asset Management Holding SA lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 19.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 528,824 shares of the company’s stock after selling 128,301 shares during the quarter. Pictet Asset Management Holding SA owned 0.23% of Hilton Worldwide worth $160,801,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Kemnay Advisory Services Inc. bought a new position in Hilton Worldwide in the fourth quarter valued at $26,000. Caitlin John LLC bought a new stake in Hilton Worldwide during the 3rd quarter worth about $32,000. ST Germain D J Co. Inc. acquired a new position in shares of Hilton Worldwide during the 4th quarter worth about $33,000. BOCHK Asset Management Ltd acquired a new position in shares of Hilton Worldwide during the 4th quarter worth about $43,000. Finally, MV Capital Management Inc. bought a new position in shares of Hilton Worldwide in the 4th quarter valued at about $43,000. 95.90% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HLT. Macquarie Infrastructure upped their target price on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Rothschild & Co Redburn raised their price target on Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. JPMorgan Chase & Co. boosted their price target on Hilton Worldwide from $350.00 to $363.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 21st. Barclays upped their price objective on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Finally, Bank of America raised their target price on shares of Hilton Worldwide from $324.00 to $375.00 in a research note on Monday, April 27th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $349.45.

Check Out Our Latest Research Report on Hilton Worldwide

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $333.60 on Monday. The stock has a 50-day simple moving average of $331.80 and a 200 day simple moving average of $312.21. The stock has a market capitalization of $75.94 billion, a P/E ratio of 50.93, a PEG ratio of 2.90 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same quarter in the prior year, the company earned $1.72 earnings per share. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s dividend payout ratio is 9.16%.

Hilton Worldwide Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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