GAMMA Investing LLC raised its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 17.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,419 shares of the company’s stock after buying an additional 789 shares during the period. GAMMA Investing LLC’s holdings in Hilton Worldwide were worth $1,443,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of Hilton Worldwide by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 25,115,086 shares of the company’s stock valued at $5,714,938,000 after buying an additional 104,802 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Hilton Worldwide by 8.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company’s stock valued at $1,100,530,000 after buying an additional 364,307 shares during the last quarter. Jennison Associates LLC grew its position in shares of Hilton Worldwide by 11.3% in the 1st quarter. Jennison Associates LLC now owns 3,784,366 shares of the company’s stock valued at $861,132,000 after buying an additional 385,096 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Hilton Worldwide by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company’s stock valued at $487,135,000 after buying an additional 494,224 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Hilton Worldwide by 30.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,720,594 shares of the company’s stock valued at $391,521,000 after buying an additional 398,827 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the company. Sanford C. Bernstein boosted their price objective on Hilton Worldwide from $261.00 to $288.00 and gave the company a “market perform” rating in a research note on Tuesday, September 16th. Truist Financial boosted their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. Robert W. Baird boosted their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the company an “outperform” rating in a research note on Thursday, July 24th. Macquarie boosted their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a “neutral” rating in a research note on Wednesday, July 23rd. Finally, Barclays dropped their price target on Hilton Worldwide from $296.00 to $291.00 and set an “overweight” rating on the stock in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $265.88.
Hilton Worldwide Stock Down 0.8%
Shares of NYSE HLT opened at $266.58 on Tuesday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The firm has a market cap of $62.70 billion, a P/E ratio of 40.95, a PEG ratio of 2.65 and a beta of 1.21. The company has a 50 day moving average of $270.89 and a 200 day moving average of $250.74.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the previous year, the business earned $1.91 EPS. The company’s quarterly revenue 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. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is presently 9.22%.
Insiders Place Their Bets
In related news, insider Christopher W. Silcock sold 11,905 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the transaction, the insider owned 79,451 shares of the company’s stock, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate 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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