TD Asset Management Inc Trims Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

TD Asset Management Inc reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 24.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,319,041 shares of the company’s stock after selling 419,411 shares during the quarter. TD Asset Management Inc’s holdings in Hilton Worldwide were worth $351,313,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. IFC Advisors LLC lifted its position in shares of Hilton Worldwide by 5.5% in the second quarter. IFC Advisors LLC now owns 1,326 shares of the company’s stock valued at $353,000 after acquiring an additional 69 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of Hilton Worldwide by 26.0% in the second quarter. Wilmington Savings Fund Society FSB now owns 3,937 shares of the company’s stock valued at $1,049,000 after acquiring an additional 812 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Hilton Worldwide by 46.4% in the second quarter. Axxcess Wealth Management LLC now owns 4,670 shares of the company’s stock valued at $1,244,000 after acquiring an additional 1,481 shares in the last quarter. NorthRock Partners LLC lifted its position in Hilton Worldwide by 51.0% during the second quarter. NorthRock Partners LLC now owns 4,377 shares of the company’s stock worth $1,166,000 after buying an additional 1,478 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its position in Hilton Worldwide by 3.1% during the second quarter. Sequoia Financial Advisors LLC now owns 7,640 shares of the company’s stock worth $2,035,000 after buying an additional 229 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HLT. Raymond James Financial upped their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They set an “overweight” rating and a $282.00 price objective on the stock. Robert W. Baird increased their price objective on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Hilton Worldwide in a report on Wednesday, October 8th. Finally, Truist Financial increased their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a “hold” rating in a report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and a consensus target price of $265.69.

Insider Activity

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the sale, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. This trade represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.60% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $263.62 on Tuesday. The firm has a market capitalization of $62.00 billion, a PE ratio of 40.49, a P/E/G ratio of 2.56 and a beta of 1.19. The business has a 50-day moving average of $267.97 and a two-hundred day moving average of $253.84. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.80.

Hilton Worldwide (NYSE:HLT) last posted its 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 during the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the firm earned $1.91 earnings per share. The company’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. As a group, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were paid a $0.15 dividend. The ex-dividend date was Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 9.22%.

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.