HighTower Advisors LLC reduced its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 9.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 186,508 shares of the company’s stock after selling 18,640 shares during the quarter. HighTower Advisors LLC’s holdings in Hilton Worldwide were worth $48,388,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Hilton Worldwide by 0.8% in the second quarter. Vanguard Group Inc. now owns 25,311,212 shares of the company’s stock worth $6,741,388,000 after acquiring an additional 196,126 shares during the last quarter. State Street Corp raised its position 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 purchasing an additional 86,689 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Hilton Worldwide by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 6,281,842 shares of the company’s stock worth $1,666,246,000 after purchasing an additional 172,121 shares during the last quarter. Franklin Resources Inc. boosted its position in Hilton Worldwide by 4.0% during the 2nd quarter. Franklin Resources Inc. now owns 5,442,662 shares of the company’s stock valued at $1,449,599,000 after purchasing an additional 208,708 shares during the period. Finally, Jennison Associates LLC grew its stake in Hilton Worldwide by 2.6% during the 3rd quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock worth $1,232,571,000 after buying an additional 119,172 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.
Analyst Ratings Changes
A number of research firms have issued reports on HLT. JPMorgan Chase & Co. raised their target price on Hilton Worldwide from $318.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hilton Worldwide in a report on Monday, December 29th. Susquehanna lifted their price objective on shares of Hilton Worldwide from $245.00 to $255.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. BMO Capital Markets upped their target price on shares of Hilton Worldwide from $275.00 to $320.00 and gave the stock a “market perform” rating in a research report on Friday, January 9th. Finally, Rothschild & Co Redburn lifted their price target on Hilton Worldwide from $255.00 to $320.00 and gave the company a “neutral” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus target price of $321.00.
Hilton Worldwide Stock Up 0.9%
Shares of HLT opened at $317.42 on Wednesday. The firm has a market capitalization of $72.78 billion, a PE ratio of 51.87, a P/E/G ratio of 2.68 and a beta of 1.13. The firm has a 50-day moving average price of $298.00 and a 200 day moving average price of $279.00. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $333.86.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.02 by $0.06. Hilton Worldwide had a net margin of 12.10% and a negative return on equity of 40.24%. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business posted $1.76 EPS. The business’s revenue for the quarter was up 10.9% compared to the same quarter last year. 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 analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The company also recently declared 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 of this dividend is Friday, February 27th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.80%.
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.
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