Elo Mutual Pension Insurance Co Increases Position in Hilton Worldwide Holdings Inc. $HLT

Elo Mutual Pension Insurance Co lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 43.1% during the second quarter, Holdings Channel reports. The institutional investor owned 21,588 shares of the company’s stock after purchasing an additional 6,499 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Hilton Worldwide were worth $5,750,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Clearstead Trust LLC purchased a new position in shares of Hilton Worldwide in the second quarter valued at about $30,000. Bank of Jackson Hole Trust raised 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 period. Cullen Frost Bankers Inc. lifted its holdings in Hilton Worldwide by 59.8% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock worth $37,000 after purchasing an additional 52 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new position in Hilton Worldwide in the 2nd quarter worth approximately $39,000. Finally, LRI Investments LLC grew its holdings in Hilton Worldwide by 84.1% during 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 in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Up 3.8%

Shares of NYSE:HLT opened at $284.83 on Wednesday. The company has a market cap of $66.20 billion, a price-to-earnings ratio of 41.22, a PEG ratio of 2.83 and a beta of 1.20. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $285.97. The company has a 50-day moving average price of $264.97 and a 200 day moving average price of $264.23.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The company’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the prior year, the business posted $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 forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, November 21st will be given a $0.15 dividend. The ex-dividend date is Friday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 8.68%.

Analyst Ratings Changes

Several research firms have recently commented on HLT. Jefferies Financial Group boosted their target price on shares of Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a report on Friday, October 17th. The Goldman Sachs Group increased their price objective on shares of Hilton Worldwide from $274.00 to $285.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. TD Cowen reduced their target price on Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating on the stock in a report on Friday, October 17th. Susquehanna boosted their target price on Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Finally, Cowen restated a “buy” rating on shares of Hilton Worldwide in a report on Tuesday, October 28th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.31.

Get Our Latest Stock Report on HLT

About Hilton Worldwide

(Free Report)

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.

See Also

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

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