Capital World Investors increased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 2.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,307,667 shares of the company’s stock after buying an additional 55,515 shares during the period. Capital World Investors’ holdings in Hilton Worldwide were worth $662,960,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in HLT. Vanguard Group Inc. increased its holdings in Hilton Worldwide by 0.6% in the third 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 Hilton Worldwide by 12.6% in 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 in the last quarter. Geode Capital Management LLC increased its holdings in Hilton Worldwide by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 6,448,978 shares of the company’s stock worth $1,852,650,000 after purchasing an additional 31,364 shares in the last quarter. Franklin Resources Inc. increased its holdings in Hilton Worldwide by 10.4% in 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 in the last quarter. Finally, Norges Bank bought a new stake in Hilton Worldwide in the fourth quarter worth approximately $803,047,000. 95.90% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
HLT has been the subject of several recent research reports. Mizuho boosted their price objective on Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Macquarie Infrastructure upped their price target on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Raymond James Financial upped their price objective on Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Truist Financial upped their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Finally, Bank of America boosted their price target on shares of Hilton Worldwide from $324.00 to $375.00 in a research report on Monday, April 27th. Fourteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $348.55.
Hilton Worldwide Trading Up 0.2%
HLT stock opened at $343.74 on Monday. The firm has a 50 day moving average of $322.05 and a 200-day moving average of $305.09. The firm has a market capitalization of $78.25 billion, a P/E ratio of 52.48, a price-to-earnings-growth ratio of 2.99 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 12 month low of $241.45 and a 12 month high of $346.85.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same period in the prior year, the company posted $1.72 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.16%.
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.
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