Rehmann Capital Advisory Group lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 17.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 788 shares of the company’s stock after selling 167 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Hilton Worldwide were worth $210,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HLT. Summit Financial LLC raised its position in shares of Hilton Worldwide by 4.3% in 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 raised its position in shares of Hilton Worldwide by 2.8% in the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock valued at $385,000 after acquiring an additional 40 shares during the period. Sage Rhino Capital LLC increased its stake in Hilton Worldwide by 4.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock worth $256,000 after purchasing an additional 41 shares in the last quarter. KWB Wealth increased its stake in 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 purchasing an additional 42 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in Hilton Worldwide by 1.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 2,943 shares of the company’s stock worth $784,000 after purchasing an additional 43 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently issued reports on HLT. The Goldman Sachs Group increased their target price on Hilton Worldwide from $274.00 to $285.00 and gave the stock a “neutral” rating in a research note on Thursday. Robert W. Baird lowered their target price on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 17th. Raymond James Financial increased their target price on Hilton Worldwide from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Barclays increased their target price on Hilton Worldwide from $288.00 to $297.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Morgan Stanley increased their target price on Hilton Worldwide from $286.00 to $289.00 and gave the stock an “overweight” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $277.75.
Insider Activity
In other news, insider Christopher W. Silcock sold 11,905 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.60% of the company’s stock.
Hilton Worldwide Stock Up 0.1%
HLT stock opened at $267.84 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The business has a 50 day moving average price of $267.99 and a two-hundred day moving average price of $256.34. The company has a market cap of $62.25 billion, a price-to-earnings ratio of 38.76, a P/E/G ratio of 2.81 and a beta of 1.19.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.01 billion. During the same period last year, the business earned $1.92 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.
Hilton Worldwide Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, November 21st will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, November 21st. Hilton Worldwide’s payout ratio is presently 9.22%.
About Hilton Worldwide
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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