EFG Asset Management Americas Corp. lessened its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 17.8% during the second quarter, Holdings Channel.com reports. The fund owned 6,513 shares of the company’s stock after selling 1,411 shares during the period. EFG Asset Management Americas Corp.’s holdings in Hilton Worldwide were worth $1,735,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the business. IFP Advisors Inc increased its stake in shares of Hilton Worldwide by 9.8% during the first quarter. IFP Advisors Inc now owns 1,783 shares of the company’s stock valued at $406,000 after buying an additional 159 shares during the period. GW&K Investment Management LLC boosted its stake in shares of Hilton Worldwide by 111.3% during the 1st quarter. GW&K Investment Management LLC now owns 336 shares of the company’s stock valued at $76,000 after purchasing an additional 177 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of Hilton Worldwide by 8.1% during the 1st quarter. Proficio Capital Partners LLC now owns 1,135 shares of the company’s stock worth $258,000 after acquiring an additional 85 shares during the period. Oak Thistle LLC raised its position in shares of Hilton Worldwide by 700.7% in the 1st quarter. Oak Thistle LLC now owns 18,905 shares of the company’s stock worth $4,302,000 after acquiring an additional 16,544 shares in the last quarter. Finally, Machina Capital S.A.S. bought a new stake in shares of Hilton Worldwide during the first quarter valued at approximately $976,000. 95.90% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on HLT shares. Truist Financial increased their price target on shares of Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Morgan Stanley raised their target price on shares of Hilton Worldwide from $286.00 to $289.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Jefferies Financial Group upped their price target on Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Susquehanna lifted their price objective on Hilton Worldwide from $245.00 to $255.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Finally, Raymond James Financial raised their price target on Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average price target of $283.31.
Hilton Worldwide Trading Down 0.3%
NYSE:HLT opened at $267.06 on Thursday. The company has a 50 day simple moving average of $264.99 and a two-hundred day simple moving average of $263.13. The company has a market cap of $62.07 billion, a PE ratio of 38.65, a price-to-earnings-growth ratio of 2.76 and a beta of 1.20. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.80.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $3.01 billion. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.Hilton Worldwide’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.92 earnings per share. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be issued 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 of this dividend is Friday, November 21st. Hilton Worldwide’s dividend payout ratio is currently 8.68%.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.
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