Canoe Financial LP Cuts Stock Position in Hilton Worldwide Holdings Inc. $HLT

Canoe Financial LP decreased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 10.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,987 shares of the company’s stock after selling 6,086 shares during the period. Canoe Financial LP’s holdings in Hilton Worldwide were worth $13,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Iams Wealth Management LLC purchased a new position in Hilton Worldwide during the third quarter valued at $239,000. Harbor Capital Advisors Inc. lifted its stake in Hilton Worldwide by 2.8% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,960 shares of the company’s stock valued at $2,325,000 after buying an additional 242 shares in the last quarter. Global X Japan Co. Ltd. boosted its holdings in Hilton Worldwide by 5,466.7% in the 3rd quarter. Global X Japan Co. Ltd. now owns 2,004 shares of the company’s stock worth $520,000 after buying an additional 1,968 shares during the last quarter. GLOBALT Investments LLC GA increased its stake in Hilton Worldwide by 1.2% during the 3rd quarter. GLOBALT Investments LLC GA now owns 3,277 shares of the company’s stock worth $850,000 after buying an additional 38 shares in the last quarter. Finally, OLD National Bancorp IN raised its holdings in shares of Hilton Worldwide by 23.1% during the third quarter. OLD National Bancorp IN now owns 2,614 shares of the company’s stock valued at $678,000 after acquiring an additional 490 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on HLT. Truist Financial lifted their price target on Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Sanford C. Bernstein decreased their price objective on Hilton Worldwide from $288.00 to $285.00 and set a “market perform” rating on the stock in a report on Wednesday, November 19th. Jefferies Financial Group upped their target price on shares of Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Robert W. Baird reduced their target price on shares of Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, October 17th. Finally, Evercore ISI boosted their price target on shares of Hilton Worldwide from $270.00 to $280.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.31.

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $293.30 on Friday. The company has a market capitalization of $68.17 billion, a P/E ratio of 42.45, a P/E/G ratio of 3.02 and a beta of 1.15. The company has a 50 day simple moving average of $274.25 and a 200-day simple moving average of $268.99. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $294.92.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $3.01 billion. During the same period in the prior year, the business posted $1.92 earnings per share. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS and its FY 2025 guidance at 7.970-8.060 EPS. As a group, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, November 21st will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is presently 8.68%.

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.