KBC Group NV decreased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 11.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 43,069 shares of the company’s stock after selling 5,625 shares during the period. KBC Group NV’s holdings in Hilton Worldwide were worth $13,096,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Hilton Worldwide by 17.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,626 shares of the company’s stock worth $14,255,000 after buying an additional 7,339 shares in the last quarter. Allstate Corp increased its holdings in Hilton Worldwide by 100.2% during the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after acquiring an additional 8,348 shares in the last quarter. Cumberland Partners Ltd raised its position in Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after acquiring an additional 7,500 shares during the last quarter. Fulton Breakefield Broenniman LLC acquired a new position in Hilton Worldwide during the fourth quarter worth about $7,032,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Hilton Worldwide by 4.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company’s stock valued at $143,944,000 after purchasing an additional 22,249 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Hilton Worldwide News Summary
Here are the key news stories impacting Hilton Worldwide this week:
- Positive Sentiment: JPMorgan raised Hilton’s price target to $365 from $363 and kept an overweight rating, signaling confidence in further upside. Benzinga report on JPMorgan price target increase
- Positive Sentiment: Barclays also increased its price target to $367 from $365 and maintained an overweight rating, reinforcing bullish analyst sentiment. Benzinga report on Barclays price target increase
- Positive Sentiment: Evercore ISI said Hilton is expected to outperform in the hotel sector, another sign that analysts see the company as a relative winner in lodging. Evercore ISI expects Hilton to outperform in the hotel sector
- Positive Sentiment: Zacks highlighted Hilton’s strong earnings surprise history and suggested the company has the ingredients to beat estimates again in its next report, which could support the stock if results come in ahead of expectations. Zacks article on Hilton beating estimates again
- Positive Sentiment: Another Zacks preview said Wall Street expects earnings growth when Hilton reports next week, keeping investor focus on a potentially favorable earnings release. Zacks article on upcoming earnings growth expectations
Wall Street Analyst Weigh In
View Our Latest Research Report on HLT
Hilton Worldwide Price Performance
Shares of NYSE HLT opened at $323.41 on Wednesday. The company has a 50-day simple moving average of $333.29 and a 200-day simple moving average of $317.52. The company has a market cap of $73.62 billion, a PE ratio of 49.38, a price-to-earnings-growth ratio of 2.82 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced 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 net margin of 12.56% and a negative return on equity of 38.21%. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter in the prior year, the firm posted $1.72 earnings per share. The company’s quarterly revenue 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. On average, analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.15 per share. The ex-dividend date was Friday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 9.16%.
Hilton Worldwide 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.
Recommended Stories
- Five stocks we like better than Hilton Worldwide
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
