Hilton Worldwide (NYSE:HLT) Director Chris Carr Sells 439 Shares of Stock

Hilton Worldwide Holdings Inc. (NYSE:HLTGet Free Report) Director Chris Carr sold 439 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $310.34, for a total value of $136,239.26. Following the completion of the sale, the director directly owned 8,252 shares of the company’s stock, valued at approximately $2,560,925.68. This trade represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $307.56 on Wednesday. The firm’s 50 day simple moving average is $321.09 and its 200 day simple moving average is $321.78. Hilton Worldwide Holdings Inc. has a fifty-two week low of $253.54 and a fifty-two week high of $358.00. The company has a market capitalization of $69.22 billion, a price-to-earnings ratio of 45.16, a P/E/G ratio of 2.51 and a beta of 1.05.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company 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. Equities research analysts expect that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Analyst Ratings Changes

HLT has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their target price on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a report on Tuesday, July 21st. Wells Fargo & Company boosted their price objective on Hilton Worldwide from $379.00 to $382.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft raised Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 target price for the company in a research note on Wednesday, August 12th. Finally, Morgan Stanley raised their target price on shares of Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average target price of $354.00.

Check Out Our Latest Analysis on Hilton Worldwide

Institutional Trading of Hilton Worldwide

Hedge funds and other institutional investors have recently modified their holdings of the company. Empowered Funds LLC bought a new stake in Hilton Worldwide in the 2nd quarter valued at $10,140,000. Jefferies Financial Group Inc. bought a new position in Hilton Worldwide during the second quarter worth $1,909,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Hilton Worldwide by 2.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 200,598 shares of the company’s stock valued at $66,290,000 after purchasing an additional 4,700 shares during the last quarter. Allstate Corp increased its holdings in shares of Hilton Worldwide by 100.2% in the fourth quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after purchasing an additional 8,348 shares during the last quarter. Finally, Cumberland Partners Ltd raised its position in shares of Hilton Worldwide by 100.0% in the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock valued at $4,309,000 after purchasing an additional 7,500 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

About Hilton Worldwide

(Get Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that owns, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of market segments, from luxury and full-service properties to focused-service, extended-stay and lifestyle accommodations.

The company’s brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Homewood Suites, Home2 Suites, Tru by Hilton, Canopy by Hilton, Curio Collection and Motto by Hilton.

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