Truist Financial Corp Sells 2,176 Shares of Hilton Worldwide Holdings Inc. $HLT

Truist Financial Corp lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.4% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,026 shares of the company’s stock after selling 2,176 shares during the quarter. Truist Financial Corp’s holdings in Hilton Worldwide were worth $13,508,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HLT. Vanguard Group Inc. raised its stake in Hilton Worldwide by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock worth $6,606,172,000 after purchasing an additional 151,984 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Hilton Worldwide by 12.6% during the third quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock worth $2,620,531,000 after purchasing an additional 1,132,880 shares during the period. Franklin Resources Inc. increased its holdings in shares of Hilton Worldwide by 10.4% during the third quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock worth $1,559,316,000 after purchasing an additional 567,651 shares during the period. Jennison Associates LLC raised its position in shares of Hilton Worldwide by 2.6% in the third quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock valued at $1,232,571,000 after buying an additional 119,172 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Hilton Worldwide by 9.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,067,494 shares of the company’s stock valued at $1,055,271,000 after buying an additional 366,987 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Performance

Shares of NYSE HLT opened at $320.55 on Friday. The firm has a 50 day moving average price of $312.34 and a two-hundred day moving average price of $296.43. The stock has a market cap of $72.97 billion, a P/E ratio of 48.94, a price-to-earnings-growth ratio of 2.81 and a beta of 1.06. Hilton Worldwide Holdings Inc. has a 52-week low of $240.76 and a 52-week high of $344.75.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.03. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same quarter in the previous year, the business earned $1.72 earnings per share. Hilton Worldwide’s revenue was up 9.0% compared to the same quarter last year. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. Analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s payout ratio is 9.16%.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 114,289 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $317.47, for a total transaction of $36,283,328.83. Following the completion of the transaction, the insider directly owned 36,445 shares in the company, valued at $11,570,194.15. This trade represents a 75.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Sanford C. Bernstein boosted their price target on Hilton Worldwide from $304.00 to $322.00 in a research note on Wednesday, February 25th. Raymond James Financial lifted their price target on Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. boosted their target price on Hilton Worldwide from $350.00 to $363.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Mizuho upped their price target on shares of Hilton Worldwide from $321.00 to $326.00 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Hilton Worldwide from $299.00 to $332.00 and gave the company a “hold” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $348.59.

About Hilton Worldwide

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.