LRI Investments LLC increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 84.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 151 shares of the company’s stock after purchasing an additional 69 shares during the quarter. LRI Investments LLC’s holdings in Hilton Worldwide were worth $40,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of HLT. Farther Finance Advisors LLC raised its holdings in Hilton Worldwide by 58.2% during the first quarter. Farther Finance Advisors LLC now owns 1,988 shares of the company’s stock worth $452,000 after purchasing an additional 731 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Hilton Worldwide by 3.9% in the first quarter. GAMMA Investing LLC now owns 4,630 shares of the company’s stock worth $1,054,000 after acquiring an additional 174 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Hilton Worldwide by 12.6% in the first quarter. Exchange Traded Concepts LLC now owns 789 shares of the company’s stock worth $180,000 after acquiring an additional 88 shares during the last quarter. Brighton Jones LLC raised its holdings in shares of Hilton Worldwide by 11.7% in the first quarter. Brighton Jones LLC now owns 1,322 shares of the company’s stock worth $301,000 after acquiring an additional 138 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of Hilton Worldwide in the first quarter worth $314,000. 95.90% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Hilton Worldwide
In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was 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 owned 79,451 shares of the company’s stock, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.60% of the company’s stock.
Hilton Worldwide Trading Up 1.6%
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.04 by $0.16. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the previous year, the business earned $1.91 earnings per share. The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. As a group, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, August 29th. Hilton Worldwide’s payout ratio is 9.22%.
Analyst Upgrades and Downgrades
HLT has been the subject of a number of analyst reports. Truist Financial boosted their price target on Hilton Worldwide from $223.00 to $246.00 and gave the stock a “hold” rating in a report on Thursday, July 24th. Barclays cut their price target on Hilton Worldwide from $291.00 to $288.00 and set an “overweight” rating for the company in a report on Friday, October 3rd. Bank of America boosted their price target on Hilton Worldwide from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Robert W. Baird boosted their price target on Hilton Worldwide from $276.00 to $278.00 and gave the stock an “outperform” rating in a report on Thursday, July 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hilton Worldwide in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $265.69.
Check Out Our Latest Stock Report on Hilton Worldwide
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.
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