Drystone LLC Cuts Stock Position in Hilton Worldwide Holdings Inc. $HLT

Drystone LLC trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 10.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,031 shares of the company’s stock after selling 2,900 shares during the period. Hilton Worldwide accounts for approximately 7.1% of Drystone LLC’s holdings, making the stock its 5th biggest position. Drystone LLC’s holdings in Hilton Worldwide were worth $8,602,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in HLT. Empowered Funds LLC bought a new stake in shares of Hilton Worldwide during the second quarter valued at about $10,140,000. Jefferies Financial Group Inc. bought a new position in Hilton Worldwide in the 2nd quarter valued at about $1,909,000. Northwestern Mutual Wealth Management Co. increased its stake in Hilton Worldwide by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 200,598 shares of the company’s stock valued at $66,290,000 after buying an additional 4,700 shares during the period. Allstate Corp raised its position in shares of Hilton Worldwide by 100.2% during the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock worth $4,791,000 after buying an additional 8,348 shares in the last quarter. Finally, Cumberland Partners Ltd lifted its stake in shares of Hilton Worldwide by 100.0% in the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after acquiring an additional 7,500 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of research analyst reports. Susquehanna lowered their price objective on shares of Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. Wolfe Research began coverage on Hilton Worldwide in a research note on Wednesday. They set a “peer perform” rating for the company. UBS Group reiterated a “buy” rating and set a $363.00 price target on shares of Hilton Worldwide in a research report on Friday, August 14th. Argus boosted their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, CICC Research initiated coverage on Hilton Worldwide in a research note on Wednesday, August 12th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $353.82.

View Our Latest Report on HLT

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $310.97 on Friday. The company has a market capitalization of $69.99 billion, a PE ratio of 45.66, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05. The stock has a fifty day moving average of $325.13 and a 200-day moving average of $322.05. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year high of $358.00.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the previous year, the firm posted $2.20 EPS. The company’s quarterly revenue was up 6.5% on a year-over-year basis. 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. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s payout ratio is presently 8.81%.

Hilton Worldwide Company Profile

(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.

See Also

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

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