Sterling Capital Management LLC Has $3.11 Million Stake in Hilton Worldwide Holdings Inc. $HLT

Sterling Capital Management LLC reduced its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 20.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 10,215 shares of the company’s stock after selling 2,677 shares during the quarter. Sterling Capital Management LLC’s holdings in Hilton Worldwide were worth $3,106,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings in shares of Hilton Worldwide by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 6,448,978 shares of the company’s stock valued at $1,852,650,000 after acquiring an additional 31,364 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Hilton Worldwide by 4.7% during the fourth quarter. Franklin Resources Inc. now owns 6,294,665 shares of the company’s stock worth $1,808,143,000 after acquiring an additional 284,352 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in Hilton Worldwide by 10.3% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,092,347 shares of the company’s stock valued at $1,462,778,000 after purchasing an additional 475,896 shares during the last quarter. Morgan Stanley boosted its position in Hilton Worldwide by 2.0% during the fourth quarter. Morgan Stanley now owns 2,823,631 shares of the company’s stock valued at $811,089,000 after purchasing an additional 55,228 shares during the last quarter. Finally, Norges Bank purchased a new position in Hilton Worldwide in the fourth quarter valued at about $803,047,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HLT has been the subject of a number of recent research reports. Macquarie Infrastructure raised their price target on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. UBS Group increased their price objective on Hilton Worldwide from $360.00 to $371.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Argus raised their price objective on shares of Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, June 15th. HSBC lifted their target price on shares of Hilton Worldwide from $353.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group boosted their target price on shares of Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target of $349.45.

Read Our Latest Stock Analysis on HLT

Hilton Worldwide Trading Up 0.2%

Shares of HLT stock opened at $333.60 on Monday. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00. The company has a market capitalization of $75.94 billion, a P/E ratio of 50.93, a P/E/G ratio of 2.90 and a beta of 1.05. The stock has a 50 day moving average of $331.80 and a two-hundred day moving average of $312.21.

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 analysts’ consensus estimates of $1.98 by $0.03. The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.Hilton Worldwide’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.72 earnings per share. 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. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

About Hilton Worldwide

(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.

Recommended Stories

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:HLTFree Report).

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

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.