Scientech Research LLC Acquires New Shares in Hilton Worldwide Holdings Inc. $HLT

Scientech Research LLC bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,972 shares of the company’s stock, valued at approximately $1,131,000.

Several other hedge funds also recently made changes to their positions in the stock. Nuveen LLC purchased a new stake in Hilton Worldwide during the 1st quarter worth about $353,985,000. GAMMA Investing LLC boosted its position in shares of Hilton Worldwide by 23,543.6% in the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company’s stock valued at $2,397,370,000 after acquiring an additional 1,049,101 shares during the period. Goldman Sachs Group Inc. grew its stake in Hilton Worldwide by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company’s stock valued at $487,135,000 after acquiring an additional 494,224 shares in the last quarter. SurgoCap Partners LP bought a new stake in Hilton Worldwide during the 4th quarter worth approximately $109,492,000. Finally, Jennison Associates LLC lifted its stake in Hilton Worldwide by 11.3% in the 1st quarter. Jennison Associates LLC now owns 3,784,366 shares of the company’s stock worth $861,132,000 after purchasing an additional 385,096 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HLT shares. Robert W. Baird boosted their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. Jefferies Financial Group upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and boosted their target price for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Bank of America raised their price target on Hilton Worldwide from $275.00 to $285.00 and gave the company a “buy” rating in a report on Monday, July 21st. Raymond James Financial lifted their price target on Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Finally, Barclays decreased their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an “overweight” rating on the stock in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $264.40.

Check Out Our Latest Analysis on HLT

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the completion of the sale, the insider directly owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.60% of the stock is owned by corporate insiders.

Hilton Worldwide Trading Down 2.1%

Shares of NYSE HLT opened at $272.20 on Friday. The stock’s 50-day moving average is $271.09 and its 200 day moving average is $249.82. The stock has a market cap of $64.02 billion, a price-to-earnings ratio of 41.81, a P/E/G ratio of 2.68 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.81.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.16. The business had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.Hilton Worldwide’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.91 earnings per share. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. On average, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.22%.

About Hilton Worldwide

(Free Report)

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.

See Also

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:HLTFree Report).

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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