California Public Employees Retirement System Purchases 16,964 Shares of Hilton Worldwide Holdings Inc. $HLT

California Public Employees Retirement System lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 4.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 411,695 shares of the company’s stock after buying an additional 16,964 shares during the quarter. California Public Employees Retirement System owned approximately 0.18% of Hilton Worldwide worth $106,810,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GLOBALT Investments LLC GA lifted its stake in Hilton Worldwide by 1.2% in the third quarter. GLOBALT Investments LLC GA now owns 3,277 shares of the company’s stock worth $850,000 after acquiring an additional 38 shares during the period. RMR Wealth Builders increased its position in Hilton Worldwide by 1.3% during the 3rd quarter. RMR Wealth Builders now owns 2,953 shares of the company’s stock valued at $766,000 after purchasing an additional 39 shares during the period. Benjamin Edwards Inc. raised its holdings in shares of Hilton Worldwide by 1.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 2,555 shares of the company’s stock valued at $680,000 after purchasing an additional 39 shares in the last quarter. State of Wyoming lifted its position in shares of Hilton Worldwide by 2.7% in the 2nd quarter. State of Wyoming now owns 1,549 shares of the company’s stock worth $413,000 after purchasing an additional 40 shares during the period. Finally, Howard Capital Management Inc. boosted its stake in shares of Hilton Worldwide by 3.0% during the third quarter. Howard Capital Management Inc. now owns 1,453 shares of the company’s stock valued at $377,000 after purchasing an additional 42 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

HLT has been the topic of several research reports. Rothschild & Co Redburn lifted their price objective on shares of Hilton Worldwide from $255.00 to $320.00 and gave the company a “neutral” rating in a report on Friday, February 13th. Morgan Stanley decreased their price objective on Hilton Worldwide from $306.00 to $303.00 and set an “overweight” rating for the company in a report on Tuesday, March 10th. JPMorgan Chase & Co. increased their price objective on shares of Hilton Worldwide from $318.00 to $350.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Evercore boosted their target price on shares of Hilton Worldwide from $325.00 to $335.00 in a research report on Thursday, February 12th. Finally, Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $338.00 to $373.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $326.18.

View Our Latest Stock Analysis on Hilton Worldwide

Hilton Worldwide Trading Up 1.5%

Hilton Worldwide stock opened at $295.99 on Tuesday. The firm has a market cap of $67.87 billion, a PE ratio of 48.36, a P/E/G ratio of 2.53 and a beta of 1.10. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $333.86. The stock’s 50 day simple moving average is $304.77 and its two-hundred day simple moving average is $283.96.

Hilton Worldwide (NYSE:HLTGet Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.06. Hilton Worldwide had a net margin of 12.10% and a negative return on equity of 40.24%. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the previous year, the business posted $1.76 EPS. The business’s revenue was up 10.9% compared to the same quarter last year. 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. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be given a $0.15 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is 9.80%.

Insider Activity

In other news, insider Christopher J. Nassetta sold 114,289 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $317.47, for a total transaction of $36,283,328.83. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by insiders.

Hilton Worldwide Profile

(Free Report)

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.

See Also

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

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