Bank of New York Mellon Corp reduced its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 8.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,399,137 shares of the company’s stock after selling 120,909 shares during the quarter. Bank of New York Mellon Corp’s holdings in Hilton Worldwide were worth $372,646,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in HLT. Bank of Jackson Hole Trust boosted its stake in Hilton Worldwide by 132.7% during the 2nd 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 during the last quarter. Cullen Frost Bankers Inc. boosted its position in shares of Hilton Worldwide by 59.8% during the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock valued at $37,000 after buying an additional 52 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Hilton Worldwide during the second quarter worth $39,000. LRI Investments LLC raised its position in Hilton Worldwide by 84.1% in the 2nd quarter. LRI Investments LLC now owns 151 shares of the company’s stock valued at $40,000 after buying an additional 69 shares during the last quarter. Finally, Pinnacle Bancorp Inc. lifted its stake in Hilton Worldwide by 35.0% during the 2nd quarter. Pinnacle Bancorp Inc. now owns 216 shares of the company’s stock valued at $58,000 after acquiring an additional 56 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Analyst Ratings Changes
Several analysts have recently commented on HLT shares. Barclays increased their target price on shares of Hilton Worldwide from $288.00 to $297.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Evercore ISI increased their price objective on shares of Hilton Worldwide from $270.00 to $280.00 and gave the company an “in-line” rating in a research note on Tuesday, October 14th. Macquarie boosted their target price on Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Morgan Stanley upped their target price on Hilton Worldwide from $286.00 to $289.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Finally, Robert W. Baird dropped their price target on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 17th. One investment 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 has a consensus rating of “Moderate Buy” and an average price target of $277.75.
Hilton Worldwide Stock Down 0.3%
Shares of HLT stock opened at $258.41 on Wednesday. The firm has a market cap of $60.06 billion, a P/E ratio of 37.40, a PEG ratio of 2.68 and a beta of 1.20. The company has a 50 day moving average of $266.28 and a 200-day moving average of $259.71. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.80.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.06. The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.01 billion. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.Hilton Worldwide’s revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.92 earnings per share. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, November 21st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, November 21st. Hilton Worldwide’s payout ratio is currently 8.68%.
Insider Buying and Selling
In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the completion of the transaction, the insider owned 79,451 shares in the company, valued at $21,404,099.40. This trade represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.60% of the stock is currently owned by company insiders.
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.
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