Gries Financial LLC Makes New Investment in Hilton Worldwide Holdings Inc. $HLT

Gries Financial LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 772 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors have also bought and sold shares of HLT. AG2R LA Mondiale Gestion D Actifs bought a new position in Hilton Worldwide in the first quarter valued at approximately $2,262,000. Sowell Financial Services LLC acquired a new stake in shares of Hilton Worldwide during the first quarter worth $314,000. Artemis Investment Management LLP lifted its position in Hilton Worldwide by 3.9% in the 1st quarter. Artemis Investment Management LLP now owns 163,281 shares of the company’s stock valued at $37,155,000 after acquiring an additional 6,146 shares in the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Hilton Worldwide by 8.1% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company’s stock worth $1,100,530,000 after purchasing an additional 364,307 shares in the last quarter. Finally, Malaga Cove Capital LLC acquired a new stake in shares of Hilton Worldwide in the 1st quarter valued at about $316,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Down 1.1%

NYSE:HLT opened at $263.74 on Wednesday. The stock has a market capitalization of $62.03 billion, a PE ratio of 40.51, a P/E/G ratio of 2.63 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.80. The firm has a fifty day simple moving average of $270.68 and a 200 day simple moving average of $250.83.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.04 by $0.16. The firm had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.91 earnings per share. 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, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.22%.

Insider Activity at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the business’s stock in a transaction that occurred 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 approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Macquarie upped their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Truist Financial raised their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a “hold” rating in a research note on Thursday, July 24th. Barclays cut their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an “overweight” rating on the stock in a research report on Thursday, July 24th. Bank of America raised their target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Finally, JPMorgan Chase & Co. started coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They issued an “overweight” rating and a $282.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Hilton Worldwide has a consensus rating of “Moderate Buy” and an average price target of $265.88.

Check Out Our Latest Research Report on HLT

Hilton Worldwide Profile

(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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