QRG Capital Management Inc. Lowers Holdings in Hilton Worldwide Holdings Inc. $HLT

QRG Capital Management Inc. lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 49.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,485 shares of the company’s stock after selling 27,387 shares during the period. QRG Capital Management Inc.’s holdings in Hilton Worldwide were worth $7,390,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. GLOBALT Investments LLC GA raised its holdings in shares of Hilton Worldwide by 1.2% in the 3rd quarter. GLOBALT Investments LLC GA now owns 3,277 shares of the company’s stock valued at $850,000 after purchasing an additional 38 shares in the last quarter. Benjamin Edwards Inc. raised its stake in Hilton Worldwide by 1.6% in the second quarter. Benjamin Edwards Inc. now owns 2,555 shares of the company’s stock worth $680,000 after buying an additional 39 shares in the last quarter. Relyea Zuckerberg Hanson LLC raised its stake 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 in the last quarter. State of Wyoming lifted its holdings in Hilton Worldwide by 2.7% during the second quarter. State of Wyoming now owns 1,549 shares of the company’s stock worth $413,000 after buying an additional 40 shares during the period. Finally, Sage Rhino Capital LLC boosted its position in Hilton Worldwide by 4.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 963 shares of the company’s stock valued at $256,000 after acquiring an additional 41 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HLT shares. Morgan Stanley upped their price objective on Hilton Worldwide from $289.00 to $306.00 and gave the stock an “overweight” rating in a research note on Friday. TD Cowen cut their price objective on shares of Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating on the stock in a research report on Friday, October 17th. Cowen reissued a “buy” rating on shares of Hilton Worldwide in a research report on Tuesday, October 28th. Wells Fargo & Company upped their price target on Hilton Worldwide from $332.00 to $338.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, The Goldman Sachs Group raised Hilton Worldwide from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $285.00 to $317.00 in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $293.41.

View Our Latest Report on HLT

Key Hilton Worldwide News

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

Hilton Worldwide Stock Down 0.4%

Hilton Worldwide stock opened at $300.71 on Friday. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $306.28. The stock has a 50-day moving average price of $284.16 and a 200 day moving average price of $273.70. The company has a market capitalization of $69.90 billion, a price-to-earnings ratio of 43.52, a price-to-earnings-growth ratio of 2.56 and a beta of 1.15.

Hilton Worldwide (NYSE:HLTGet Free Report) last posted its quarterly earnings results 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. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. Hilton Worldwide’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $1.92 EPS. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS and its FY 2025 guidance at 7.970-8.060 EPS. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

About Hilton Worldwide

(Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

Further Reading

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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