Prospera Financial Services Inc Sells 424 Shares of Hilton Worldwide Holdings Inc. $HLT

Prospera Financial Services Inc lowered its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 17.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,050 shares of the company’s stock after selling 424 shares during the period. Prospera Financial Services Inc’s holdings in Hilton Worldwide were worth $546,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in HLT. Summit Financial LLC grew its position in shares of 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 acquiring an additional 40 shares during the period. Relyea Zuckerberg Hanson LLC increased its position in Hilton Worldwide by 2.8% in the second quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock worth $385,000 after buying an additional 40 shares during the last quarter. Sage Rhino Capital LLC raised its stake in shares of Hilton Worldwide by 4.4% in the second quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock valued at $256,000 after buying an additional 41 shares during the period. CVA Family Office LLC lifted its position in shares of Hilton Worldwide by 10.3% during the 2nd quarter. CVA Family Office LLC now owns 439 shares of the company’s stock valued at $117,000 after buying an additional 41 shares during the last quarter. Finally, KWB Wealth grew its stake in shares of Hilton Worldwide by 2.0% during the 2nd quarter. KWB Wealth now owns 2,135 shares of the company’s stock worth $569,000 after acquiring an additional 42 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Hilton Worldwide 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 transaction of $3,207,207.00. Following the completion of the sale, the insider directly owned 79,451 shares in the company, valued at $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

HLT has been the topic of several recent research reports. Evercore ISI upped their price objective on shares of Hilton Worldwide from $270.00 to $280.00 and gave the company an “in-line” rating in a report on Tuesday, October 14th. Raymond James Financial upped their price target on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. TD Cowen cut their price objective on shares of Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating for the company in a report on Friday, October 17th. Bank of America lifted their price objective on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a “buy” rating in a research note on Monday, July 21st. Finally, Truist Financial raised 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. One 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 data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $277.75.

Get Our Latest Analysis on Hilton Worldwide

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $269.33 on Friday. The firm has a fifty day moving average price of $265.48 and a two-hundred day moving average price of $262.17. The company 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 one year low of $196.04 and a one year high of $279.80.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the business posted $1.92 earnings per share. The firm’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. Equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, November 21st will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, November 21st. Hilton Worldwide’s dividend payout ratio is 8.68%.

About Hilton Worldwide

(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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