Christopher Nassetta Sells 114,289 Shares of Hilton Worldwide (NYSE:HLT) Stock

Hilton Worldwide Holdings Inc. (NYSE:HLTGet Free Report) insider Christopher Nassetta sold 114,289 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $317.47, for a total transaction of $36,283,328.83. Following the completion of the transaction, the insider owned 36,445 shares in the company, valued at approximately $11,570,194.15. The trade was a 75.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Hilton Worldwide Stock Up 1.0%

HLT opened at $315.76 on Friday. The company’s 50-day moving average price is $300.28 and its 200 day moving average price is $279.86. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $333.86. The firm has a market cap of $72.40 billion, a price-to-earnings ratio of 51.59, a price-to-earnings-growth ratio of 2.70 and a beta of 1.13.

Hilton Worldwide (NYSE:HLTGet Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $2.02 by $0.06. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $2.99 billion. Hilton Worldwide had a negative return on equity of 40.24% and a net margin of 12.10%.Hilton Worldwide’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the firm 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. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

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

Analysts Set New Price Targets

HLT has been the topic of several recent research reports. Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $338.00 to $373.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Truist Financial boosted their price objective on Hilton Worldwide from $253.00 to $307.00 and gave the stock a “hold” rating in a research report on Thursday, February 12th. Rothschild & Co Redburn raised their target price on Hilton Worldwide from $255.00 to $320.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. Barclays lifted their target price on Hilton Worldwide from $309.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, Evercore raised their price target on Hilton Worldwide from $325.00 to $335.00 in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average price target of $323.86.

Check Out Our Latest Report on Hilton Worldwide

Hedge Funds Weigh In On Hilton Worldwide

Several hedge funds have recently modified their holdings of HLT. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Hilton Worldwide by 10.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,287 shares of the company’s stock valued at $10,971,000 after purchasing an additional 4,155 shares during the period. Railway Pension Investments Ltd boosted its holdings in shares of Hilton Worldwide by 15.0% in the third quarter. Railway Pension Investments Ltd now owns 38,400 shares of the company’s stock worth $9,962,000 after buying an additional 5,000 shares during the period. Candriam S.C.A. increased its position in shares of Hilton Worldwide by 11.2% in the third quarter. Candriam S.C.A. now owns 73,823 shares of the company’s stock worth $19,153,000 after acquiring an additional 7,441 shares in the last quarter. Partners Capital Investment Group LLP acquired a new stake in shares of Hilton Worldwide during the third quarter valued at approximately $4,684,000. Finally, National Pension Service lifted its position in shares of Hilton Worldwide by 1.6% in the 3rd quarter. National Pension Service now owns 623,180 shares of the company’s stock valued at $161,678,000 after acquiring an additional 9,954 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Company Profile

(Get 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

Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.