BI Asset Management Fondsmaeglerselskab A S trimmed its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 29.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,900 shares of the company’s stock after selling 4,908 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Hilton Worldwide were worth $3,619,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Hilton Worldwide by 17.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,626 shares of the company’s stock worth $14,255,000 after acquiring an additional 7,339 shares during the period. Allstate Corp lifted its position in Hilton Worldwide by 100.2% during the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock worth $4,791,000 after acquiring an additional 8,348 shares during the last quarter. Cumberland Partners Ltd boosted its holdings in Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock valued at $4,309,000 after acquiring an additional 7,500 shares during the period. Fulton Breakefield Broenniman LLC acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at about $7,032,000. Finally, Holocene Advisors LP increased its stake in shares of Hilton Worldwide by 17.0% in the third quarter. Holocene Advisors LP now owns 1,795,659 shares of the company’s stock worth $465,866,000 after purchasing an additional 261,097 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on HLT. Truist Financial boosted their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. Susquehanna lifted their price target on Hilton Worldwide from $345.00 to $353.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. UBS Group increased their price objective on Hilton Worldwide from $360.00 to $371.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. The Goldman Sachs Group raised their price objective on shares of Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Argus upped their target price on shares of Hilton Worldwide from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, June 15th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $349.45.
Hilton Worldwide Stock Down 1.5%
HLT stock opened at $343.44 on Tuesday. Hilton Worldwide Holdings Inc. has a twelve month low of $243.53 and a twelve month high of $358.00. The company has a market cap of $78.18 billion, a PE ratio of 52.43, a price-to-earnings-growth ratio of 3.04 and a beta of 1.05. The business’s 50-day simple moving average is $330.76 and its 200 day simple moving average is $310.33.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter in the prior year, the firm posted $1.72 EPS. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. 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, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Announces Dividend
The company 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 dividend yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s dividend payout ratio is presently 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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