Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 556,080 shares of the company’s stock, valued at approximately $183,762,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Kemnay Advisory Services Inc. purchased a new position in shares of Hilton Worldwide in the 4th quarter valued at about $26,000. Elevation Wealth Partners LLC lifted its stake in shares of Hilton Worldwide by 1,128.6% in the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after purchasing an additional 79 shares during the period. Wilkerson Advisory Group LLC boosted its holdings in Hilton Worldwide by 163.2% during the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock worth $30,000 after buying an additional 62 shares in the last quarter. ST Germain D J Co. Inc. acquired a new position in Hilton Worldwide during the fourth quarter worth about $33,000. Finally, Meeder Asset Management Inc. grew its position in Hilton Worldwide by 70.1% during the first quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock worth $35,000 after buying an additional 47 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Susquehanna reduced their price target on shares of Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating for the company in a research report on Tuesday, August 11th. HSBC raised their price objective on Hilton Worldwide from $353.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating and set a $363.00 price objective on shares of Hilton Worldwide in a report on Friday. Truist Financial boosted their target price on Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Finally, China Intl Cap raised Hilton Worldwide to a “strong-buy” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $353.82.
Hilton Worldwide Price Performance
Shares of Hilton Worldwide stock opened at $326.88 on Tuesday. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The business has a 50 day moving average price of $331.05 and a 200 day moving average price of $320.86. The company has a market capitalization of $73.57 billion, a P/E ratio of 48.00, a P/E/G ratio of 2.78 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.Hilton Worldwide’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.20 EPS. 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 expect that Hilton Worldwide Holdings Inc. will post 9.06 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. Investors of record on Friday, August 21st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is currently 8.81%.
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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