Wellington Management Group LLP Sells 521,847 Shares of Hilton Worldwide Holdings Inc. $HLT

Wellington Management Group LLP cut its position in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 25.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,548,068 shares of the company’s stock after selling 521,847 shares during the quarter. Wellington Management Group LLP’s holdings in Hilton Worldwide were worth $511,575,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HLT. NewEdge Advisors LLC boosted its position in Hilton Worldwide by 25.6% during the 1st quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after buying an additional 465 shares during the period. Empowered Funds LLC increased its position in Hilton Worldwide by 37.4% in the 1st quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock valued at $1,396,000 after acquiring an additional 1,669 shares during the period. Woodline Partners LP increased its holdings in Hilton Worldwide by 38.8% in the first quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after purchasing an additional 5,687 shares during the period. Intech Investment Management LLC increased its holdings in Hilton Worldwide by 112.4% in the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock valued at $1,247,000 after purchasing an additional 2,899 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in Hilton Worldwide by 182.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock worth $76,000 after purchasing an additional 215 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HLT has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price target on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Robert W. Baird lifted their price objective on Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. China Intl Cap upgraded Hilton Worldwide to a “strong-buy” rating in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 target price for the company in a research report on Wednesday, August 12th. Finally, UBS Group restated a “buy” rating and set a $363.00 price target on shares of Hilton Worldwide in a report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $353.82.

Read Our Latest Analysis on HLT

Hilton Worldwide Stock Down 1.1%

Shares of HLT stock opened at $322.20 on Friday. The firm has a 50 day moving average of $327.95 and a 200-day moving average of $322.29. The company has a market cap of $72.52 billion, a price-to-earnings ratio of 47.31, a price-to-earnings-growth ratio of 2.73 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.02. The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. Hilton Worldwide’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.20 earnings per share. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be given a dividend of $0.15 per share. 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, August 21st. Hilton Worldwide’s dividend payout ratio is 8.81%.

Hilton Worldwide Company Profile

(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.

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

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