Canoe Financial LP cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 20.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,327 shares of the company’s stock after selling 9,480 shares during the period. Canoe Financial LP’s holdings in Hilton Worldwide were worth $11,350,000 as of its most recent SEC filing.
Several other institutional investors also recently bought and sold shares of the business. Norges Bank bought a new position in Hilton Worldwide in the fourth quarter worth approximately $803,047,000. Two Sigma Investments LP boosted its position in Hilton Worldwide by 1,222.9% during the 3rd quarter. Two Sigma Investments LP now owns 820,991 shares of the company’s stock valued at $212,998,000 after acquiring an additional 758,930 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Hilton Worldwide by 126.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company’s stock valued at $303,173,000 after acquiring an additional 635,220 shares during the period. Franklin Resources Inc. raised its position in shares of Hilton Worldwide by 10.4% in the 3rd quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock worth $1,559,316,000 after acquiring an additional 567,651 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of Hilton Worldwide by 10.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,092,347 shares of the company’s stock worth $1,462,778,000 after acquiring an additional 475,896 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the company. Macquarie Infrastructure raised their price objective on Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Sanford C. Bernstein decreased their price target on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. Weiss Ratings upgraded shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Truist Financial lifted their price objective on shares of Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Finally, TD Cowen boosted their price objective on shares of Hilton Worldwide from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Fourteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $349.45.
Hilton Worldwide Price Performance
Shares of NYSE:HLT opened at $333.60 on Monday. The business’s 50-day moving average is $331.80 and its 200 day moving average is $312.21. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The firm 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.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same quarter in the previous year, the firm earned $1.72 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis. 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 expect that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is presently 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.
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