Pure Financial Advisors LLC purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,781 shares of the company’s stock, valued at approximately $919,000.
Other hedge funds and other institutional investors have also modified their holdings of the company. Transamerica Financial Advisors LLC purchased a new stake in shares of Hilton Worldwide during the 2nd quarter worth about $4,111,000. Corient Private Wealth LP bought a new stake in shares of Hilton Worldwide in the 2nd quarter valued at approximately $125,394,000. Perennial Investment Advisors LLC acquired a new position in Hilton Worldwide in the second quarter worth approximately $274,000. Bamco Inc. NY acquired a new position in Hilton Worldwide in the second quarter worth approximately $96,295,000. Finally, Bank of America Corp DE bought a new position in Hilton Worldwide during the second quarter valued at approximately $1,733,669,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
HLT has been the subject of several recent research reports. China Intl Cap raised shares of Hilton Worldwide to a “strong-buy” rating in a research report on Wednesday, August 12th. Morgan Stanley upped their price objective on shares of Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Susquehanna lowered their target price on shares of Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Rothschild & Co Redburn upped their price target on Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, Sanford C. Bernstein cut their price objective on Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target of $353.82.
Hilton Worldwide Stock Performance
NYSE HLT opened at $332.45 on Thursday. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The stock has a market cap of $74.82 billion, a PE ratio of 48.82, a PEG ratio of 2.79 and a beta of 1.05. The firm has a 50-day simple moving average of $328.96 and a 200 day simple moving average of $322.21.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the previous year, the company posted $2.20 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.
Hilton Worldwide Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s dividend payout ratio is presently 8.81%.
Hilton Worldwide Company 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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