Harvest Portfolios Group Inc. Sells 3,233 Shares of Hilton Worldwide Holdings Inc. $HLT

Harvest Portfolios Group Inc. trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 10.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,707 shares of the company’s stock after selling 3,233 shares during the period. Harvest Portfolios Group Inc.’s holdings in Hilton Worldwide were worth $7,646,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Nuveen LLC bought a new position in Hilton Worldwide during the first quarter worth about $353,985,000. Jennison Associates LLC increased its holdings in shares of Hilton Worldwide by 22.4% during the 2nd quarter. Jennison Associates LLC now owns 4,631,719 shares of the company’s stock worth $1,233,612,000 after acquiring an additional 847,353 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in 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 acquiring an additional 494,224 shares during the period. Strs Ohio acquired a new stake in Hilton Worldwide during the 1st quarter valued at $97,505,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Hilton Worldwide by 30.2% during the first 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 purchasing an additional 398,827 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

HLT has been the subject of a number of research reports. TD Cowen cut their target price on shares of Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating for the company in a research note on Friday, October 17th. Sanford C. Bernstein raised their price objective on shares of Hilton Worldwide from $261.00 to $288.00 and gave the stock a “market perform” rating in a research report on Tuesday, September 16th. The Goldman Sachs Group upped their target price on Hilton Worldwide from $274.00 to $285.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Raymond James Financial lifted their price target on Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Hilton Worldwide in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average price target of $277.75.

Insider Activity

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. Corporate insiders own 2.60% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $265.56 on Friday. The business’s 50 day simple moving average is $265.83 and its 200 day simple moving average is $259.79. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.80. The company has a market capitalization of $61.72 billion, a P/E ratio of 38.43, a P/E/G ratio of 2.73 and a beta of 1.20.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the prior year, the company posted $1.92 EPS. The company’s revenue was up 8.8% compared to the same quarter last year. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. On average, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, November 21st will be issued a dividend of $0.15 per share. 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, November 21st. Hilton Worldwide’s dividend payout ratio is 8.68%.

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.