Rakuten Investment Management Inc. bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 37,301 shares of the company’s stock, valued at approximately $12,404,000.
Other hedge funds have also made changes to their positions in the company. Frazier Financial Advisors LLC bought a new stake in shares of Hilton Worldwide in the second quarter worth $25,000. IMG Wealth Management Inc. bought a new position in Hilton Worldwide during the 2nd quarter valued at $26,000. Trust Co. of Vermont acquired a new position in Hilton Worldwide during the 2nd quarter worth $26,000. Kemnay Advisory Services Inc. acquired a new position in Hilton Worldwide during the 4th quarter worth $26,000. Finally, Elevation Wealth Partners LLC increased its position in shares of Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after purchasing an additional 79 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Analyst Ratings Changes
HLT has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price target on the stock in a research report on Wednesday, August 12th. Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 21st. Argus increased their target price on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, June 15th. Morgan Stanley lifted their target price on Hilton Worldwide from $319.00 to $332.00 and gave the stock an “overweight” rating in a research report on Friday, July 17th. Finally, Wells Fargo & Company boosted their price target on Hilton Worldwide from $379.00 to $382.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $353.82.
Hilton Worldwide Trading Down 1.1%
NYSE HLT opened at $322.20 on Friday. The company has a 50-day moving average price of $327.95 and a two-hundred day moving average price of $322.29. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The stock has a market cap of $72.52 billion, a price-to-earnings ratio of 47.31, a price-to-earnings-growth ratio of 2.76 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same quarter in the previous year, the company posted $2.20 earnings per share. The business’s revenue for the quarter was up 6.5% compared to the same quarter last year. 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. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders 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 yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide’s payout ratio is 8.81%.
Hilton Worldwide Company Profile
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.
Read More
- Five stocks we like better than Hilton Worldwide
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
