Laffer Tengler Investments Inc. Acquires Shares of 1,250 Hilton Worldwide Holdings Inc. $HLT

Laffer Tengler Investments Inc. bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,250 shares of the company’s stock, valued at approximately $333,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Summit Financial LLC lifted its holdings in Hilton Worldwide by 4.3% during 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 increased its position in shares of Hilton Worldwide by 2.8% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock worth $385,000 after acquiring an additional 40 shares during the period. Sage Rhino Capital LLC raised its stake in shares of Hilton Worldwide by 4.4% during the second quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock valued at $256,000 after acquiring an additional 41 shares in the last quarter. CVA Family Office LLC boosted its holdings in shares of Hilton Worldwide by 10.3% in the second quarter. CVA Family Office LLC now owns 439 shares of the company’s stock valued at $117,000 after purchasing an additional 41 shares during the period. Finally, KWB Wealth grew its stake in Hilton Worldwide by 2.0% in 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. 95.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Morgan Stanley lifted their target price on Hilton Worldwide from $286.00 to $289.00 and gave the company an “overweight” rating in a research report on Wednesday, October 22nd. Jefferies Financial Group lifted their price objective on Hilton Worldwide from $311.00 to $312.00 and gave the company a “buy” rating in a report on Friday, October 17th. The Goldman Sachs Group upped their price objective on shares of Hilton Worldwide from $274.00 to $285.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Sanford C. Bernstein raised their target price on shares of Hilton Worldwide from $261.00 to $288.00 and gave the company a “market perform” rating in a research report on Tuesday, September 16th. Finally, Barclays upped their price target on shares of Hilton Worldwide from $288.00 to $297.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $277.75.

Get Our Latest Analysis on HLT

Hilton Worldwide Stock Up 3.1%

NYSE HLT opened at $273.47 on Monday. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.80. The company has a 50 day moving average price of $265.78 and a 200 day moving average price of $260.93. The firm has a market cap of $63.56 billion, a PE ratio of 39.58, a price-to-earnings-growth ratio of 2.82 and a beta of 1.20.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.06. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The business’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.92 earnings per share. 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, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 8.68%.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the firm’s 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 of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.60% of the company’s stock.

Hilton Worldwide Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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