Apollon Wealth Management LLC lifted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 8.8% in the second quarter, HoldingsChannel.com reports. The fund owned 1,678 shares of the company’s stock after buying an additional 136 shares during the quarter. Apollon Wealth Management LLC’s holdings in Hilton Worldwide were worth $447,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of HLT. Summit Financial LLC boosted its holdings in shares of Hilton Worldwide by 4.3% in the 1st quarter. Summit Financial LLC now owns 968 shares of the company’s stock valued at $220,000 after buying an additional 40 shares in the last quarter. Relyea Zuckerberg Hanson LLC boosted its stake in Hilton Worldwide by 2.8% in the second quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock valued at $385,000 after acquiring an additional 40 shares in the last quarter. Sage Rhino Capital LLC grew its holdings in Hilton Worldwide by 4.4% in the second quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock worth $256,000 after purchasing an additional 41 shares during the last quarter. KWB Wealth increased its position in shares of 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 in the last quarter. Finally, First Bank & Trust lifted its holdings in shares of Hilton Worldwide by 0.5% during the 1st quarter. First Bank & Trust now owns 10,439 shares of the company’s stock valued at $2,375,000 after purchasing an additional 48 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Analyst Ratings Changes
HLT has been the topic of several recent analyst reports. Truist Financial upped their target price on Hilton Worldwide from $223.00 to $246.00 and gave the company a “hold” rating in a research report on Thursday, July 24th. Sanford C. Bernstein upped their price objective on shares of Hilton Worldwide from $261.00 to $288.00 and gave the company a “market perform” rating in a report on Tuesday, September 16th. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an “outperform” rating in a research note on Thursday, July 24th. Weiss Ratings restated a “buy (b)” rating on shares of Hilton Worldwide in a research note on Wednesday, October 8th. Finally, Raymond James Financial lifted their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $267.88.
Hilton Worldwide Stock Performance
Shares of HLT opened at $257.45 on Friday. The business’s 50-day moving average is $268.13 and its two-hundred day moving average is $254.22. The company has a market capitalization of $60.55 billion, a P/E ratio of 39.55, a P/E/G ratio of 2.62 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.80.
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. The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.Hilton Worldwide’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the previous 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. Analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a dividend of $0.15 per share. 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%.
Insiders Place Their Bets
In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the 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 owned 79,451 shares in the company, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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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