Cibc World Market Inc. Acquires New Stake in Hilton Worldwide Holdings Inc. $HLT

Cibc World Market Inc. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 27,267 shares of the company’s stock, valued at approximately $9,011,000.

A number of other institutional investors have also bought and sold shares of the business. Frazier Financial Advisors LLC acquired a new stake in shares of Hilton Worldwide in the second quarter valued at approximately $25,000. Trust Co. of Vermont acquired a new position in Hilton Worldwide during the second quarter worth $26,000. IMG Wealth Management Inc. purchased a new stake in Hilton Worldwide in the 2nd quarter valued at $26,000. Elevation Wealth Partners LLC increased its stake in shares of Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after acquiring an additional 79 shares during the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Hilton Worldwide during the 4th quarter worth $26,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HLT. Mizuho raised their price target on shares of Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. lifted their target price on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Weiss Ratings raised Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Susquehanna cut their price objective on Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating for the company in a research report on Tuesday, August 11th. Finally, Macquarie Infrastructure boosted their price objective on shares of Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Hilton Worldwide currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.82.

Get Our Latest Stock Analysis on Hilton Worldwide

Hilton Worldwide Trading Down 0.1%

Shares of Hilton Worldwide stock opened at $329.72 on Wednesday. The company has a 50-day moving average of $329.30 and a two-hundred day moving average of $322.04. The stock has a market cap of $74.21 billion, a PE ratio of 48.42, a price-to-earnings-growth ratio of 2.80 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $358.00.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the prior year, the firm posted $2.20 earnings per share. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. On average, sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 8.81%.

About Hilton Worldwide

(Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

See Also

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

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