BI Asset Management Fondsmaeglerselskab A S grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 10.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,808 shares of the company’s stock after buying an additional 1,528 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Hilton Worldwide were worth $4,828,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pinebridge Investments LLC purchased a new position in Hilton Worldwide during the 4th quarter worth approximately $1,198,000. PBU The Pension Fund of Early Childhood & Youth Educators purchased a new stake in shares of Hilton Worldwide in the 4th quarter valued at $21,492,000. Parallel Advisors LLC increased its stake in shares of Hilton Worldwide by 2.1% in the fourth quarter. Parallel Advisors LLC now owns 3,136 shares of the company’s stock worth $901,000 after acquiring an additional 63 shares during the period. Harvest Fund Management Co. Ltd raised its holdings in shares of Hilton Worldwide by 69.7% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 1,271 shares of the company’s stock worth $365,000 after purchasing an additional 522 shares during the last quarter. Finally, J.W. Cole Advisors Inc. raised its holdings in shares of Hilton Worldwide by 4.9% during the fourth quarter. J.W. Cole Advisors Inc. now owns 1,838 shares of the company’s stock worth $527,000 after purchasing an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Analysts Set New Price Targets
A number of analysts have recently commented on HLT shares. Truist Financial upped their target price on Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Macquarie Infrastructure lifted their price target on Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Barclays boosted their price target on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Weiss Ratings upgraded shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Finally, Sanford C. Bernstein dropped their price target on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a research report on Friday, May 15th. Fourteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and a consensus price target of $348.55.
Hilton Worldwide Trading Up 0.2%
HLT opened at $343.74 on Monday. The firm has a market cap of $78.25 billion, a price-to-earnings ratio of 52.48, a PEG ratio of 2.99 and a beta of 1.05. The stock’s 50-day moving average price is $322.05 and its 200 day moving average price is $305.09. Hilton Worldwide Holdings Inc. has a 12-month low of $241.45 and a 12-month high of $346.85.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.95 billion. During the same period in the prior year, the firm earned $1.72 earnings per share. The business’s revenue for the quarter 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. On average, research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.16%.
Hilton Worldwide Company 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.
Recommended Stories
- Five stocks we like better than Hilton Worldwide
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
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:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
