Oak Ridge Investments LLC grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 47.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,619 shares of the company’s stock after purchasing an additional 1,163 shares during the period. Oak Ridge Investments LLC’s holdings in Hilton Worldwide were worth $964,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of HLT. Nuveen LLC bought a new stake in shares of Hilton Worldwide in the 1st quarter valued at approximately $353,985,000. Goldman Sachs Group Inc. lifted its stake 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 purchasing an additional 494,224 shares during the last quarter. Strs Ohio bought a new stake in shares of Hilton Worldwide in the 1st quarter valued at approximately $97,505,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Hilton Worldwide by 30.2% during 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 worth $391,521,000 after acquiring an additional 398,827 shares during the last quarter. Finally, Jennison Associates LLC lifted its stake in shares of Hilton Worldwide by 11.3% during the 1st 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 last quarter. 95.90% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, insider Christopher W. Silcock sold 11,905 shares of the business’s stock in a transaction 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 in the company, valued at $21,404,099.40. The trade was a 13.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.60% of the stock is currently owned by company insiders.
Hilton Worldwide Trading Down 0.3%
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.16. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The business had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period last year, the business posted $1.91 EPS. The business’s 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. Research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 29th. Hilton Worldwide’s payout ratio is 9.22%.
Analysts Set New Price Targets
A number of brokerages recently issued reports on HLT. Truist Financial raised their price target on Hilton Worldwide from $223.00 to $246.00 and gave the stock a “hold” rating in a research note on Thursday, July 24th. Robert W. Baird raised their price target on Hilton Worldwide from $276.00 to $278.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Raymond James Financial raised their price target on Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Sanford C. Bernstein raised their price target on Hilton Worldwide from $261.00 to $288.00 and gave the stock a “market perform” rating in a research note on Tuesday, September 16th. Finally, JPMorgan Chase & Co. began coverage on Hilton Worldwide in a research note on Monday, June 23rd. They set an “overweight” rating and a $282.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $265.69.
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.
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