Applied Finance Capital Management LLC cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,422 shares of the company’s stock after selling 101 shares during the period. Applied Finance Capital Management LLC’s holdings in Hilton Worldwide were worth $1,710,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of HLT. Commons Capital LLC purchased a new position in Hilton Worldwide in the second quarter valued at about $207,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at approximately $249,000. Bridges Investment Management Inc. purchased a new position in shares of Hilton Worldwide during the 2nd quarter valued at approximately $457,000. Mutual Advisors LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth approximately $346,000. Finally, Generali Asset Management SPA SGR increased its stake in shares of Hilton Worldwide by 6.8% in the second quarter. Generali Asset Management SPA SGR now owns 31,115 shares of the company’s stock worth $8,287,000 after buying an additional 1,981 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Insiders Place Their Bets
In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the business’s stock in a transaction on 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 transaction, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.60% of the stock is owned by insiders.
Hilton Worldwide Stock Down 2.9%
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.04 by $0.16. The firm had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. Hilton Worldwide’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.91 EPS. 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 anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 29th. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.22%.
Analysts Set New Price Targets
A number of research analysts have commented on HLT shares. Sanford C. Bernstein increased their price objective on shares of Hilton Worldwide from $261.00 to $288.00 and gave the company a “market perform” rating in a research note on Tuesday, September 16th. Barclays reduced their price target on shares of Hilton Worldwide from $291.00 to $288.00 and set an “overweight” rating on the stock in a research report on Friday, October 3rd. Weiss Ratings reissued a “buy (b)” rating on shares of Hilton Worldwide in a report on Wednesday, October 8th. Macquarie increased their target price on Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. Finally, Bank of America lifted their target price on Hilton Worldwide from $275.00 to $285.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $267.88.
Read Our Latest Stock Analysis on Hilton Worldwide
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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