Central Bank & Trust Co. grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 151.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,227 shares of the company’s stock after purchasing an additional 1,942 shares during the quarter. Central Bank & Trust Co.’s holdings in Hilton Worldwide were worth $1,027,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Frazier Financial Advisors LLC bought a new stake in shares of Hilton Worldwide during the 2nd quarter worth $25,000. IMG Wealth Management Inc. bought a new position in shares of Hilton Worldwide in the 2nd quarter valued at approximately $26,000. Trust Co. of Vermont acquired a new stake in shares of Hilton Worldwide in the second quarter valued at about $26,000. Elevation Wealth Partners LLC raised its position in shares of Hilton Worldwide by 1,128.6% during the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after buying an additional 79 shares during the last quarter. Finally, Wilkerson Advisory Group LLC boosted its stake in Hilton Worldwide by 163.2% during the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock worth $30,000 after buying an additional 62 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on HLT. Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. JPMorgan Chase & Co. upped their price target on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 target price on the stock in a report on Wednesday, August 12th. Argus boosted their target price on shares of Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a research report on Monday, June 15th. Finally, TD Cowen upgraded Hilton Worldwide to a “strong-buy” rating in a research report on Tuesday, September 8th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of “Moderate Buy” and an average price target of $354.00.
Insider Activity at Hilton Worldwide
In related news, Director Chris Carr sold 439 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $310.34, for a total transaction of $136,239.26. Following the sale, the director owned 8,252 shares of the company’s stock, valued at $2,560,925.68. This trade represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Laura Fuentes sold 7,289 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the completion of the transaction, the insider directly owned 33,458 shares of the company’s stock, valued at $10,365,622.98. The trade was a 17.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.70% of the stock is owned by corporate insiders.
Hilton Worldwide Stock Performance
Shares of HLT stock traded up $4.25 on Friday, hitting $327.54. 417,346 shares of the company’s stock traded hands, compared to its average volume of 1,887,115. The company’s fifty day simple moving average is $317.09 and its 200 day simple moving average is $323.37. The stock has a market capitalization of $73.72 billion, a price-to-earnings ratio of 48.10, a P/E/G ratio of 2.59 and a beta of 1.10. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.20 EPS. 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, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current fiscal year.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st were given a dividend of $0.15 per share. The ex-dividend date was Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.
About Hilton Worldwide
Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.
Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.
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