Citigroup Inc. raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 22.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 190,255 shares of the company’s stock after buying an additional 34,647 shares during the period. Citigroup Inc.’s holdings in Hilton Worldwide were worth $49,360,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Clearstead Trust LLC purchased a new position in Hilton Worldwide in the second quarter valued at about $30,000. Sagard Holdings Management Inc. acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at approximately $30,000. Bank of Jackson Hole Trust boosted its stake in shares of Hilton Worldwide by 132.7% during the 2nd quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after buying an additional 73 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in shares of Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after buying an additional 45 shares in the last quarter. Finally, Ameritas Advisory Services LLC increased its stake in shares of Hilton Worldwide by 110.6% in the third quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock worth $36,000 after buying an additional 73 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
HLT has been the subject of several recent analyst reports. Raymond James Financial raised their price objective on shares of Hilton Worldwide from $300.00 to $355.00 and gave the stock an “outperform” rating in a report on Friday. HSBC increased their price target on shares of Hilton Worldwide from $307.00 to $319.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Jefferies Financial Group reissued a “buy” rating and issued a $339.00 price objective on shares of Hilton Worldwide in a report on Wednesday, February 11th. Truist Financial increased their target price on Hilton Worldwide from $253.00 to $307.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Finally, The Goldman Sachs Group boosted their price target on Hilton Worldwide from $317.00 to $330.00 in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.86.
Hilton Worldwide Price Performance
Shares of NYSE HLT opened at $311.53 on Tuesday. The firm has a market capitalization of $71.43 billion, a PE ratio of 50.90, a P/E/G ratio of 2.73 and a beta of 1.13. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $333.86. The business’s fifty day moving average price is $300.79 and its two-hundred day moving average price is $280.49.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $2.08 EPS for the quarter, topping the consensus estimate of $2.02 by $0.06. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $2.99 billion. Hilton Worldwide had a net margin of 12.10% and a negative return on equity of 40.24%. The company’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.76 earnings per share. Hilton Worldwide has set its FY 2026 guidance at 8.490-8.610 EPS and its Q1 2026 guidance at 1.910-1.970 EPS. Equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, February 27th. Hilton Worldwide’s payout ratio is 9.80%.
Insider Activity
In related news, insider Christopher J. Nassetta sold 114,289 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $317.47, for a total value of $36,283,328.83. Following the completion of the transaction, the insider directly owned 36,445 shares of the company’s stock, valued at $11,570,194.15. This represents a 75.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 2.60% of the company’s stock.
About Hilton Worldwide
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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