Cornerstone Advisors LLC Sells 300 Shares of Hilton Worldwide Holdings Inc. $HLT

Cornerstone Advisors LLC decreased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,100 shares of the company’s stock after selling 300 shares during the quarter. Cornerstone Advisors LLC’s holdings in Hilton Worldwide were worth $3,489,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Summit Financial LLC boosted its stake in shares of Hilton Worldwide by 4.3% in the first quarter. Summit Financial LLC now owns 968 shares of the company’s stock valued at $220,000 after buying an additional 40 shares during the period. Relyea Zuckerberg Hanson LLC lifted its position in shares of Hilton Worldwide by 2.8% during the 2nd 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 during the period. Sage Rhino Capital LLC grew its holdings in shares of Hilton Worldwide by 4.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock worth $256,000 after purchasing an additional 41 shares in the last quarter. CVA Family Office LLC raised its stake in 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 in the last quarter. Finally, KWB Wealth lifted its position in 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 during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on HLT. Robert W. Baird decreased their target price on shares of Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating on the stock in a report on Friday, October 17th. Sanford C. Bernstein raised their target price on Hilton Worldwide from $261.00 to $288.00 and gave the company a “market perform” rating in a report on Tuesday, September 16th. Truist Financial boosted their price target on Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a report on Thursday, October 23rd. Barclays upped their price objective on Hilton Worldwide from $288.00 to $297.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, Bank of America lifted their target price on Hilton Worldwide from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $277.75.

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 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 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 is accessible through this hyperlink. Insiders own 2.60% of the company’s stock.

Hilton Worldwide Trading Down 0.2%

Shares of HLT stock opened at $269.33 on Monday. The stock has a market cap of $62.60 billion, a price-to-earnings ratio of 38.98, a PEG ratio of 2.78 and a beta of 1.20. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.80. The stock has a 50-day moving average of $265.48 and a 200-day moving average of $262.68.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.06. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. Hilton Worldwide’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the firm 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. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, November 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is currently 8.68%.

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.