FARMERS & MERCHANTS TRUST Co OF LONG BEACH decreased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 8.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,072 shares of the company’s stock after selling 105 shares during the period. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in Hilton Worldwide were worth $286,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Moss Adams Wealth Advisors LLC bought a new position in Hilton Worldwide during the second quarter worth about $349,000. GC Wealth Management RIA LLC bought a new position in Hilton Worldwide during the second quarter worth about $275,000. V Square Quantitative Management LLC grew its holdings in Hilton Worldwide by 4.5% during the second quarter. V Square Quantitative Management LLC now owns 5,817 shares of the company’s stock worth $1,549,000 after purchasing an additional 251 shares during the period. Scott & Selber Inc. bought a new position in Hilton Worldwide during the second quarter worth about $204,000. Finally, KWB Wealth grew its holdings in Hilton Worldwide by 2.0% during the second quarter. KWB Wealth now owns 2,135 shares of the company’s stock worth $569,000 after purchasing an additional 42 shares during the period. Institutional investors own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently commented on HLT. Sanford C. Bernstein lifted their price target on Hilton Worldwide from $261.00 to $288.00 and gave the stock a “market perform” rating in a report on Tuesday, September 16th. Raymond James Financial raised their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Macquarie raised their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. started coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an “overweight” rating and a $282.00 price objective for the company. Finally, Truist Financial raised their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a “hold” rating in a research report on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $265.88.
Hilton Worldwide Trading Up 0.4%
NYSE HLT opened at $262.78 on Tuesday. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.80. The company has a 50 day moving average of $269.89 and a 200-day moving average of $251.88. The company has a market cap of $61.80 billion, a price-to-earnings ratio of 40.37, a PEG ratio of 2.58 and a beta of 1.21.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly 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 company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the business earned $1.91 earnings per share. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. 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 research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th 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 of this dividend is Friday, August 29th. Hilton Worldwide’s dividend payout ratio (DPR) is 9.22%.
Insider Transactions at Hilton Worldwide
In related news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction that occurred 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 transaction, the insider directly owned 79,451 shares of the company’s stock, 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 legal filing with the SEC, which is available through this link. 2.60% of the stock is owned by company insiders.
Hilton Worldwide Company 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.
Featured Articles
- Five stocks we like better than Hilton Worldwide
- What Does Downgrade Mean in Investing?
- Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
- How to invest in marijuana stocks in 7 stepsĀ
- Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
- Dividend Payout Ratio Calculator
- This ETF Weeds Out Small-Cap Underperformers
Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.