Resona Asset Management Co. Ltd. Cuts Stock Position in Hilton Worldwide Holdings Inc. $HLT

Resona Asset Management Co. Ltd. lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 5.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 72,206 shares of the company’s stock after selling 4,179 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Hilton Worldwide were worth $20,808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ProShare Advisors LLC grew its stake in Hilton Worldwide by 9.2% in the fourth quarter. ProShare Advisors LLC now owns 46,945 shares of the company’s stock valued at $13,485,000 after purchasing an additional 3,955 shares during the last quarter. North Dakota State Investment Board purchased a new position in Hilton Worldwide during the 4th quarter worth $2,272,000. Elyxium Wealth LLC purchased a new position in Hilton Worldwide during the 4th quarter worth $47,000. iA Global Asset Management Inc. purchased a new position in Hilton Worldwide during the 4th quarter worth $7,132,000. Finally, Canada Post Corp Registered Pension Plan grew its stake in Hilton Worldwide by 3.2% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 46,893 shares of the company’s stock worth $13,470,000 after buying an additional 1,441 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Wells Fargo & Company raised their price target on Hilton Worldwide from $373.00 to $376.00 and gave the stock an “overweight” rating in a report on Tuesday, April 14th. TD Cowen raised their price target on Hilton Worldwide from $350.00 to $390.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley raised their price target on Hilton Worldwide from $318.00 to $319.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. Robert W. Baird raised their price target on Hilton Worldwide from $285.00 to $305.00 and gave the stock an “outperform” rating in a report on Monday, February 2nd. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $339.00 price target on shares of Hilton Worldwide in a report on Wednesday, February 11th. Fourteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.55.

View Our Latest Report on HLT

Hilton Worldwide Stock Down 0.9%

Hilton Worldwide stock opened at $315.36 on Wednesday. Hilton Worldwide Holdings Inc. has a 52 week low of $241.45 and a 52 week high of $344.75. The company has a market capitalization of $71.79 billion, a price-to-earnings ratio of 48.15, a price-to-earnings-growth ratio of 2.77 and a beta of 1.06. The stock has a 50-day moving average price of $313.54 and a 200 day moving average price of $299.24.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its 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 negative return on equity of 38.21% and a net margin of 12.56%.The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter in the previous year, the company posted $1.72 earnings per share. The company’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. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.04 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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 issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s payout ratio is presently 9.16%.

Hilton Worldwide 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.

See Also

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

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