Bank of New York Mellon Corp lessened its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,357,031 shares of the company’s stock after selling 13,062 shares during the quarter. Bank of New York Mellon Corp’s holdings in Hilton Worldwide were worth $389,807,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. boosted its position in Hilton Worldwide by 17.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,359,913 shares of the company’s stock worth $677,885,000 after purchasing an additional 355,232 shares during the period. Westpac Banking Corp boosted its position in Hilton Worldwide by 10.3% during the fourth quarter. Westpac Banking Corp now owns 24,335 shares of the company’s stock worth $6,990,000 after purchasing an additional 2,276 shares during the period. Rice Partnership LLC boosted its position in Hilton Worldwide by 13.5% during the fourth quarter. Rice Partnership LLC now owns 23,088 shares of the company’s stock worth $6,632,000 after purchasing an additional 2,740 shares during the period. Bridges Investment Management Inc. boosted its position in Hilton Worldwide by 39.8% during the fourth quarter. Bridges Investment Management Inc. now owns 2,394 shares of the company’s stock worth $688,000 after purchasing an additional 682 shares during the period. Finally, Root Financial Partners LLC boosted its position in Hilton Worldwide by 19.1% during the fourth quarter. Root Financial Partners LLC now owns 424 shares of the company’s stock worth $122,000 after purchasing an additional 68 shares during the period. Institutional investors own 95.90% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. Morgan Stanley increased their target price on shares of Hilton Worldwide from $318.00 to $319.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. Susquehanna increased their target price on shares of Hilton Worldwide from $345.00 to $353.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Sanford C. Bernstein cut their target price on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. Weiss Ratings upgraded shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Hilton Worldwide from $350.00 to $363.00 and gave the company an “overweight” rating in a research report on Tuesday, April 21st. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $348.55.
Hilton Worldwide Trading Up 2.2%
HLT stock opened at $338.63 on Friday. The firm has a 50 day moving average of $321.24 and a 200-day moving average of $304.54. Hilton Worldwide Holdings Inc. has a 12 month low of $241.45 and a 12 month high of $344.75. The firm has a market capitalization of $77.09 billion, a P/E ratio of 51.70, a price-to-earnings-growth ratio of 2.89 and a beta of 1.04.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.03. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same period last year, the business earned $1.72 earnings per share. Hilton Worldwide’s revenue was up 9.0% compared to the same quarter last year. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 22nd. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.16%.
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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