Robertson Stephens Wealth Management LLC decreased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 5.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,301 shares of the company’s stock after selling 233 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in Hilton Worldwide were worth $1,146,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Summit Financial LLC grew its holdings in shares of Hilton Worldwide by 4.3% during the 1st quarter. Summit Financial LLC now owns 968 shares of the company’s stock worth $220,000 after acquiring an additional 40 shares during the period. Relyea Zuckerberg Hanson LLC grew its holdings in shares of Hilton Worldwide by 2.8% during the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock worth $385,000 after acquiring an additional 40 shares during the period. Sage Rhino Capital LLC grew its holdings in shares of Hilton Worldwide by 4.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock worth $256,000 after acquiring an additional 41 shares during the period. KWB Wealth grew its holdings in shares of Hilton Worldwide by 2.0% during the 2nd quarter. KWB Wealth now owns 2,135 shares of the company’s stock worth $569,000 after acquiring an additional 42 shares during the period. Finally, Apollon Wealth Management LLC grew its holdings in shares of Hilton Worldwide by 2.9% during the 1st quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company’s stock worth $351,000 after acquiring an additional 44 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on HLT. Macquarie upped their target price on Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. Barclays cut their price target on Hilton Worldwide from $291.00 to $288.00 and set an “overweight” rating on the stock in a research note on Friday, October 3rd. Robert W. Baird upped their price target on Hilton Worldwide from $276.00 to $278.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Bank of America upped their price target on Hilton Worldwide from $275.00 to $285.00 and gave the stock a “buy” rating in a research note on Monday, July 21st. Finally, Raymond James Financial upped their price target on Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $265.69.
Hilton Worldwide Trading Down 0.3%
HLT stock opened at $259.32 on Friday. The stock has a market capitalization of $60.99 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 2.56 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.80. The stock’s 50 day simple moving average is $267.95 and its 200 day simple moving average is $253.30.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.16. The business had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.91 EPS. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. On average, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is 9.22%.
Insider Transactions at Hilton Worldwide
In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction 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 $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 is available through this link. Company insiders own 2.60% of the company’s stock.
About Hilton Worldwide
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.
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