T. Rowe Price Investment Management Inc. Sells 2,228,852 Shares of Hilton Worldwide Holdings Inc. $HLT

T. Rowe Price Investment Management Inc. lowered its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 38.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,565,627 shares of the company’s stock after selling 2,228,852 shares during the quarter. T. Rowe Price Investment Management Inc.’s holdings in Hilton Worldwide were worth $811,359,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HLT. Nuveen LLC bought a new position in Hilton Worldwide during the first quarter worth $353,985,000. GAMMA Investing LLC increased its position in Hilton Worldwide by 23,543.6% during the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company’s stock worth $2,397,370,000 after acquiring an additional 1,049,101 shares during the period. Goldman Sachs Group Inc. increased its position in Hilton Worldwide by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company’s stock worth $487,135,000 after acquiring an additional 494,224 shares during the period. SurgoCap Partners LP bought a new position in Hilton Worldwide during the fourth quarter worth $109,492,000. Finally, Jennison Associates LLC increased its position in Hilton Worldwide by 11.3% during the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company’s stock worth $861,132,000 after acquiring an additional 385,096 shares during the period. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $271.4490 on Wednesday. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.46. The company’s fifty day moving average is $265.09 and its 200-day moving average is $249.06. The company has a market capitalization of $63.84 billion, a PE ratio of 41.70, a P/E/G ratio of 2.65 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.04 by $0.16. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the previous year, the company earned $1.91 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. 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, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide’s payout ratio is currently 9.22%.

Analyst Ratings Changes

Several brokerages have issued reports on HLT. Jefferies Financial Group raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and boosted their price target for the company from $228.00 to $296.00 in a report on Monday, May 12th. Evercore ISI lowered their price target on shares of Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating on the stock in a report on Wednesday, April 23rd. Barclays lowered their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an “overweight” rating on the stock in a report on Thursday, July 24th. Morgan Stanley lowered their price target on shares of Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating on the stock in a report on Tuesday, April 22nd. Finally, Robert W. Baird boosted their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an “outperform” rating in a report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $264.40.

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.