Illinois Municipal Retirement Fund Cuts Position in Hilton Worldwide Holdings Inc. $HLT

Illinois Municipal Retirement Fund trimmed its stake in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 39.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,294 shares of the company’s stock after selling 2,760 shares during the period. Illinois Municipal Retirement Fund’s holdings in Hilton Worldwide were worth $1,114,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Varma Mutual Pension Insurance Co raised its holdings in Hilton Worldwide by 8.7% in the third quarter. Varma Mutual Pension Insurance Co now owns 65,270 shares of the company’s stock worth $16,934,000 after purchasing an additional 5,200 shares in the last quarter. Cibc World Market Inc. raised its stake in shares of Hilton Worldwide by 7.0% during the 3rd quarter. Cibc World Market Inc. now owns 2,523 shares of the company’s stock worth $655,000 after acquiring an additional 166 shares in the last quarter. Caprock Group LLC purchased a new position in Hilton Worldwide in the third quarter worth $927,000. Krilogy Financial LLC acquired a new position in shares of Hilton Worldwide during the third quarter worth $686,000. Finally, ABC Arbitrage SA purchased a new stake in shares of Hilton Worldwide during the 3rd quarter valued at $2,173,000. Institutional investors own 95.90% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Jefferies Financial Group restated a “buy” rating and set a $339.00 target price on shares of Hilton Worldwide in a research note on Wednesday, February 11th. Sanford C. Bernstein raised their price target on Hilton Worldwide from $285.00 to $304.00 and gave the stock a “market perform” rating in a report on Tuesday, January 6th. Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $338.00 to $373.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $285.00 to $305.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Finally, Mizuho upped their price target on shares of Hilton Worldwide from $266.00 to $321.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $321.24.

Read Our Latest Report on Hilton Worldwide

Hilton Worldwide Trading Down 0.6%

Shares of NYSE HLT opened at $315.76 on Thursday. The company has a 50 day simple moving average of $298.89 and a two-hundred day simple moving average of $279.26. The stock has a market cap of $72.40 billion, a price-to-earnings ratio of 51.59, a PEG ratio of 2.71 and a beta of 1.13. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $333.86.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.06. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Hilton Worldwide had a net margin of 12.10% and a negative return on equity of 40.24%. The firm’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.76 earnings per share. Hilton Worldwide has set its FY 2026 guidance at 8.490-8.610 EPS and its Q1 2026 guidance at 1.910-1.970 EPS. Analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.80%.

Hilton Worldwide Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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