Harvest Portfolios Group Inc. Sells 3,233 Shares of Hilton Worldwide Holdings Inc. $HLT

Harvest Portfolios Group Inc. cut its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 10.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,707 shares of the company’s stock after selling 3,233 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Hilton Worldwide were worth $7,646,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in shares of Hilton Worldwide by 4.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 500,137 shares of the company’s stock valued at $113,806,000 after acquiring an additional 19,382 shares during the last quarter. Valeo Financial Advisors LLC grew its holdings in Hilton Worldwide by 9.5% during the 1st quarter. Valeo Financial Advisors LLC now owns 1,392 shares of the company’s stock worth $317,000 after acquiring an additional 121 shares during the last quarter. Linden Thomas Advisory Services LLC raised its stake in shares of Hilton Worldwide by 8.6% during the first quarter. Linden Thomas Advisory Services LLC now owns 3,994 shares of the company’s stock valued at $909,000 after acquiring an additional 315 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Hilton Worldwide by 27.9% in the first quarter. Axxcess Wealth Management LLC now owns 3,189 shares of the company’s stock worth $726,000 after purchasing an additional 696 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Hilton Worldwide by 8.2% during the 1st quarter. Nisa Investment Advisors LLC now owns 27,884 shares of the company’s stock worth $6,345,000 after purchasing an additional 2,118 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

HLT has been the topic of a number of analyst reports. Jefferies Financial Group upped their price target on Hilton Worldwide from $311.00 to $312.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Raymond James Financial upped their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Macquarie lifted their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Barclays increased their price target on Hilton Worldwide from $288.00 to $297.00 and gave the stock an “overweight” rating in a report on Thursday, October 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 report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $277.75.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $265.56 on Friday. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.80. The business’s 50 day simple moving average is $265.83 and its two-hundred day simple moving average is $259.79. The firm has a market cap of $61.72 billion, a P/E ratio of 38.43, a PEG ratio of 2.73 and a beta of 1.20.

Hilton Worldwide (NYSE:HLT) last issued its 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 for the quarter, compared to analysts’ expectations of $3.01 billion. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.Hilton Worldwide’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the business earned $1.92 EPS. 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 analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, November 21st will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.68%.

Insider Buying and Selling

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.60% of the company’s stock.

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.