Quotient Wealth Partners LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 940 shares of the company’s stock, valued at approximately $250,000.
Other institutional investors have also made changes to their positions in the company. AG2R LA Mondiale Gestion D Actifs bought a new stake in shares of Hilton Worldwide in the first quarter valued at approximately $2,262,000. Sowell Financial Services LLC bought a new stake in shares of Hilton Worldwide in the first quarter valued at approximately $314,000. Artemis Investment Management LLP boosted its stake in shares of Hilton Worldwide by 3.9% in the first quarter. Artemis Investment Management LLP now owns 163,281 shares of the company’s stock valued at $37,155,000 after buying an additional 6,146 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in Hilton Worldwide by 8.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company’s stock worth $1,100,530,000 after purchasing an additional 364,307 shares during the last quarter. Finally, Malaga Cove Capital LLC bought a new stake in Hilton Worldwide during the first quarter worth $316,000. 95.90% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on the company. Evercore ISI upped their target price on Hilton Worldwide from $270.00 to $280.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 14th. Sanford C. Bernstein upped their target price on Hilton Worldwide from $261.00 to $288.00 and gave the stock a “market perform” rating in a research note on Tuesday, September 16th. Robert W. Baird cut 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. Jefferies Financial Group upped their target price on Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a research note on Friday. Finally, JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a research note on Monday, June 23rd. They set an “overweight” rating and a $282.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average target price of $270.31.
Insiders Place Their Bets
In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction on Thursday, August 21st. The stock was 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 directly owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.60% of the stock is owned by insiders.
Hilton Worldwide Stock Performance
Shares of HLT opened at $260.29 on Monday. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.80. The stock has a market capitalization of $61.22 billion, a price-to-earnings ratio of 39.98, a PEG ratio of 2.57 and a beta of 1.19. The stock has a fifty day moving average of $268.09 and a 200-day moving average of $254.87.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 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 company had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the prior year, the company earned $1.91 EPS. Hilton Worldwide’s 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 forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, August 29th. Hilton Worldwide’s dividend payout ratio is presently 9.22%.
Hilton Worldwide 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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