Bank of New York Mellon Corp Has $372.65 Million Stock Position in Hilton Worldwide Holdings Inc. $HLT

Bank of New York Mellon Corp trimmed its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 8.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 1,399,137 shares of the company’s stock after selling 120,909 shares during the period. Bank of New York Mellon Corp owned 0.59% of Hilton Worldwide worth $372,646,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of Jackson Hole Trust boosted its stake in shares of Hilton Worldwide by 132.7% during the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after purchasing an additional 73 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in Hilton Worldwide by 59.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock worth $37,000 after buying an additional 52 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Hilton Worldwide in the 2nd quarter valued at approximately $39,000. LRI Investments LLC raised its stake in shares of Hilton Worldwide by 84.1% during the second quarter. LRI Investments LLC now owns 151 shares of the company’s stock valued at $40,000 after acquiring an additional 69 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its stake in shares of Hilton Worldwide by 35.0% in the second quarter. Pinnacle Bancorp Inc. now owns 216 shares of the company’s stock worth $58,000 after purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $258.41 on Wednesday. The stock has a market capitalization of $60.06 billion, a price-to-earnings ratio of 37.40, a PEG ratio of 2.68 and a beta of 1.20. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.80. The stock’s 50 day moving average price is $266.28 and its two-hundred day moving average price is $259.71.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The company had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. Hilton Worldwide’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.92 EPS. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, November 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, November 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 8.68%.

Insider Buying and Selling

In related news, insider Christopher W. Silcock sold 11,905 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the transaction, the insider directly owned 79,451 shares of the company’s stock, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. TD Cowen lowered their target price on Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating for the company in a research report on Friday, October 17th. Evercore ISI lifted their price objective on Hilton Worldwide from $270.00 to $280.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 14th. Susquehanna increased their target price 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. Jefferies Financial Group boosted their price target on shares of Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Macquarie increased their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $277.75.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.