AIA Group Ltd lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 14.9% in the 1st quarter, Holdings Channel reports. The fund owned 55,394 shares of the company’s stock after selling 9,680 shares during the period. AIA Group Ltd’s holdings in Hilton Worldwide were worth $16,844,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently bought and sold shares of HLT. Kemnay Advisory Services Inc. acquired a new position in shares of Hilton Worldwide during the fourth quarter worth approximately $26,000. ST Germain D J Co. Inc. bought a new position in shares of Hilton Worldwide in the fourth quarter worth $33,000. Avalon Trust Co acquired a new position in shares of Hilton Worldwide during the first quarter valued at $45,000. BOCHK Asset Management Ltd acquired a new stake in Hilton Worldwide in the fourth quarter worth about $43,000. Finally, MV Capital Management Inc. bought a new position in Hilton Worldwide in the 4th quarter valued at about $43,000. 95.90% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
HLT has been the topic of a number of recent analyst reports. BMO Capital Markets boosted their price target on shares of Hilton Worldwide from $325.00 to $345.00 and gave the stock a “market perform” rating in a research report on Thursday, April 23rd. 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. The Goldman Sachs Group boosted their target price on Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Truist Financial increased their price target on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research note on Wednesday, April 29th. Finally, Mizuho lifted their price target on Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $350.18.
Hilton Worldwide Stock Down 0.3%
HLT opened at $322.23 on Friday. The firm has a market cap of $73.36 billion, a PE ratio of 49.20, a P/E/G ratio of 2.80 and a beta of 1.05. The business has a fifty day simple moving average of $332.95 and a 200-day simple moving average of $316.86. Hilton Worldwide Holdings Inc. has a fifty-two week low of $253.54 and a fifty-two week high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its 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 negative return on equity of 38.21% and a net margin of 12.56%.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 previous year, the firm earned $1.72 earnings per share. Hilton Worldwide’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, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current fiscal year.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a 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.
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