Ninety One SA Pty Ltd trimmed its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 61.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,239 shares of the company’s stock after selling 3,638 shares during the period. Ninety One SA Pty Ltd’s holdings in Hilton Worldwide were worth $720,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empowered Funds LLC purchased a new position in shares of Hilton Worldwide during the second quarter worth $10,140,000. Jefferies Financial Group Inc. acquired a new position in Hilton Worldwide during the second quarter valued at $1,909,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Hilton Worldwide by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 200,598 shares of the company’s stock valued at $66,290,000 after purchasing an additional 4,700 shares during the last quarter. Nykredit A S purchased a new stake in Hilton Worldwide in the second quarter valued at $41,279,000. Finally, Two Sigma Securities LLC acquired a new stake in Hilton Worldwide during the 2nd quarter worth about $4,775,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Hilton Worldwide Price Performance
HLT stock traded up $14.09 during midday trading on Thursday, hitting $342.09. 659,446 shares of the stock traded hands, compared to its average volume of 1,874,250. The firm has a market cap of $76.99 billion, a P/E ratio of 50.18, a PEG ratio of 2.66 and a beta of 1.10. The stock’s fifty day simple moving average is $317.90 and its 200-day simple moving average is $324.12. Hilton Worldwide Holdings Inc. has a 1-year low of $253.54 and a 1-year high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The company had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.20 earnings per share. 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, research analysts predict that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, August 21st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 21st. Hilton Worldwide’s payout ratio is currently 8.81%.
Analyst Ratings Changes
A number of research firms have weighed in on HLT. China Intl Cap upgraded Hilton Worldwide to a “strong-buy” rating in a research note on Wednesday, August 12th. Weiss Ratings downgraded Hilton Worldwide from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Morgan Stanley raised their target price on Hilton Worldwide from $332.00 to $336.00 and gave the stock an “overweight” rating in a report on Monday. Wolfe Research started coverage on Hilton Worldwide in a research report on Wednesday, September 2nd. They set a “peer perform” rating for the company. Finally, Robert W. Baird boosted their price target on Hilton Worldwide from $359.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $354.39.
Read Our Latest Research Report on Hilton Worldwide
Insider Activity
In related news, Director Chris Carr sold 439 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $310.34, for a total value of $136,239.26. Following the completion of the transaction, the director owned 8,252 shares of the company’s stock, valued at approximately $2,560,925.68. This represents a 5.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Laura Fuentes sold 7,289 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $309.81, for a total value of $2,258,205.09. Following the completion of the transaction, the insider directly owned 33,458 shares of the company’s stock, valued at $10,365,622.98. The trade was a 17.89% decrease in their position. The SEC filing for this sale provides additional information. 2.70% of the stock is owned by insiders.
About Hilton Worldwide
Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.
Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.
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