Bank OZK lowered its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 34.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,870 shares of the company’s stock after selling 2,511 shares during the quarter. Bank OZK’s holdings in Hilton Worldwide were worth $1,609,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in Hilton Worldwide by 25.6% in the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock valued at $520,000 after purchasing an additional 465 shares during the last quarter. Empowered Funds LLC increased its holdings in Hilton Worldwide by 37.4% during the 1st quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock worth $1,396,000 after purchasing an additional 1,669 shares during the last quarter. Woodline Partners LP raised its position in shares of Hilton Worldwide by 38.8% in the 1st quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after purchasing an additional 5,687 shares in the last quarter. Intech Investment Management LLC boosted its stake in shares of Hilton Worldwide by 112.4% during the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock valued at $1,247,000 after buying an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Hilton Worldwide by 182.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock worth $76,000 after purchasing an additional 215 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
HLT has been the topic of a number of research analyst reports. Weiss Ratings downgraded Hilton Worldwide from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. Morgan Stanley upped their price target on Hilton Worldwide from $319.00 to $332.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. raised their price objective on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 21st. Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $379.00 to $382.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, China Intl Cap raised shares of Hilton Worldwide to a “strong-buy” rating in a report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $353.82.
Hilton Worldwide Trading Down 2.1%
HLT traded down $6.46 during trading on Tuesday, reaching $304.72. 1,662,977 shares of the company were exchanged, compared to its average volume of 1,933,349. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The firm has a 50 day moving average of $324.68 and a 200 day moving average of $322.06. The stock has a market cap of $68.58 billion, a P/E ratio of 44.75, a PEG ratio of 2.51 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the company posted $2.20 earnings per share. The company’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, analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.
Hilton Worldwide 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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