Hilton Worldwide Holdings Inc. $HLT Stock Bought by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 135.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,386 shares of the company’s stock after purchasing an additional 1,949 shares during the quarter. Lebenthal Global Advisors LLC’s holdings in Hilton Worldwide were worth $1,077,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Hilton Worldwide in the second quarter worth about $6,271,258,000. Bank of America Corp DE boosted its position in Hilton Worldwide by 0.7% during the first quarter. Bank of America Corp DE now owns 5,946,576 shares of the company’s stock worth $1,808,235,000 after acquiring an additional 40,343 shares during the last quarter. Jupiter Topco LLC purchased a new stake in Hilton Worldwide during the 2nd quarter valued at about $663,882,000. Janus Henderson Group PLC grew its stake in Hilton Worldwide by 13.5% during the 1st quarter. Janus Henderson Group PLC now owns 2,043,316 shares of the company’s stock valued at $603,733,000 after acquiring an additional 242,916 shares in the last quarter. Finally, Amundi raised its holdings in Hilton Worldwide by 2.7% in the 2nd quarter. Amundi now owns 1,374,729 shares of the company’s stock valued at $454,293,000 after acquiring an additional 36,303 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hilton Worldwide

In other news, Director Chris Carr sold 439 shares of Hilton Worldwide stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the sale, the director owned 8,252 shares of the company’s stock, valued at approximately $2,560,925.68. The trade was a 5.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Laura Fuentes sold 7,289 shares of Hilton Worldwide stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the sale, the insider directly owned 33,458 shares in the company, valued at approximately $10,365,622.98. The trade was a 17.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 158,778 shares of company stock worth $56,196,944 in the last 90 days. Insiders own 2.70% of the company’s stock.

Trending Headlines about Hilton Worldwide

Here are the key news stories impacting Hilton Worldwide this week:

• Positive Sentiment: Mizuho upgraded Hilton to “outperform” from “neutral” and lifted its price target to $421 from $329, implying substantial upside from recent trading levels. The upgrade reflects increased confidence in Hilton’s earnings and growth outlook. Mizuho upgrade article
• Positive Sentiment: Goldman Sachs maintained a Buy rating on HLT, while Susquehanna, Wells Fargo and Robert W. Baird issued favorable outlooks or increased their price targets. The cluster of supportive recommendations may reinforce the bullish sentiment surrounding the stock. Goldman Sachs coverage Susquehanna forecast Wells Fargo price target Baird outlook
• Neutral Sentiment: Analyst commentary on consumer-cyclical companies, including Hilton, adds visibility but does not introduce a major new operating catalyst. Hilton’s latest reported quarter showed earnings above consensus and year-over-year revenue growth, supporting the favorable analyst tone. Consumer cyclical analyst commentary
• Negative Sentiment: Barclays lowered its expectations for Hilton’s stock price, creating a counterpoint to the broader analyst optimism and potentially limiting near-term gains. Barclays Hilton outlook
• Negative Sentiment: Chief financial officer Kevin Jacobs sold 151,050 HLT shares for approximately $53.8 million, reducing his holdings by 33.96%. Although insider sales can be planned for personal or diversification reasons, the transaction may weigh on sentiment because it occurred while the stock was near record highs. SEC insider sale filing

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Truist Financial raised their target price on shares of Hilton Worldwide from $312.00 to $316.00 and gave the stock a “hold” rating in a research note on Thursday, September 10th. TD Cowen upgraded Hilton Worldwide to a “strong-buy” rating in a research report on Tuesday, September 8th. UBS Group reaffirmed a “buy” rating and issued a $363.00 price target on shares of Hilton Worldwide in a report on Friday, August 14th. JPMorgan Chase & Co. increased their price target on Hilton Worldwide from $365.00 to $387.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. Finally, Mizuho upgraded Hilton Worldwide from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $329.00 to $421.00 in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average target price of $363.57.

Hilton Worldwide Trading Down 0.0%

Shares of HLT opened at $356.92 on Friday. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $364.50. The firm has a market capitalization of $79.41 billion, a P/E ratio of 40.42, a P/E/G ratio of 2.80 and a beta of 1.10. The firm has a 50-day moving average price of $325.02 and a 200 day moving average price of $320.76.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Tuesday, October 27th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $3.37 billion. Hilton Worldwide had a net margin of 13.40% and a negative return on equity of 33.78%. Hilton Worldwide’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.11 earnings per share. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post 9.14 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 29th. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 1st. 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 currently 8.11%.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio includes brands such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Hilton Garden Inn, Homewood Suites, Home2 Suites and Tru by Hilton.

The company provides accommodations and related services for business and leisure travelers, including guest rooms, meeting and event facilities, food and beverage operations, resort amenities and loyalty program benefits through Hilton Honors.