Bank of Nova Scotia Decreases Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Bank of Nova Scotia reduced its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 51.7% in the first quarter, Holdings Channel reports. The fund owned 32,165 shares of the company’s stock after selling 34,397 shares during the quarter. Bank of Nova Scotia’s holdings in Hilton Worldwide were worth $9,781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC grew its position in Hilton Worldwide by 25.6% in the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after acquiring an additional 465 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Hilton Worldwide by 37.4% in the 1st quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock valued at $1,396,000 after purchasing an additional 1,669 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Hilton Worldwide by 38.8% in the 1st quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after purchasing an additional 5,687 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of Hilton Worldwide by 112.4% in the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of Hilton Worldwide by 182.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after purchasing an additional 215 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on HLT shares. Evercore upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday, July 21st. Bank of America boosted their price objective on shares of Hilton Worldwide from $324.00 to $375.00 in a research report on Monday, April 27th. Susquehanna increased their target price on shares of Hilton Worldwide from $345.00 to $353.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. BMO Capital Markets lifted 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 note on Thursday, April 23rd. Finally, Macquarie Infrastructure upped their price target on shares of Hilton Worldwide from $296.00 to $320.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average target price of $350.36.

Hilton Worldwide Stock Up 0.0%

Shares of NYSE HLT opened at $325.12 on Monday. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The firm has a market cap of $74.01 billion, a PE ratio of 49.64, a price-to-earnings-growth ratio of 2.75 and a beta of 1.05. The business has a fifty day simple moving average of $333.81 and a two-hundred day simple moving average of $318.25.

Hilton Worldwide (NYSE:HLT) last announced 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. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.72 earnings per share. 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 expect that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current year.

About Hilton Worldwide

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.