Bank of Montreal Can raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 12.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 192,490 shares of the company’s stock after purchasing an additional 21,060 shares during the quarter. Bank of Montreal Can owned 0.08% of Hilton Worldwide worth $49,940,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in Hilton Worldwide by 10.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,287 shares of the company’s stock worth $10,971,000 after acquiring an additional 4,155 shares during the period. Railway Pension Investments Ltd increased its holdings in shares of Hilton Worldwide by 15.0% in the 3rd quarter. Railway Pension Investments Ltd now owns 38,400 shares of the company’s stock valued at $9,962,000 after purchasing an additional 5,000 shares during the period. Candriam S.C.A. lifted its position in Hilton Worldwide by 11.2% in the 3rd quarter. Candriam S.C.A. now owns 73,823 shares of the company’s stock worth $19,153,000 after buying an additional 7,441 shares in the last quarter. National Pension Service boosted its stake in shares of Hilton Worldwide by 1.6% during the 3rd quarter. National Pension Service now owns 623,180 shares of the company’s stock valued at $161,678,000 after buying an additional 9,954 shares during the period. Finally, Partners Capital Investment Group LLP purchased a new position in shares of Hilton Worldwide during the 3rd quarter valued at $4,684,000. Institutional investors and hedge funds own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on HLT shares. Raymond James Financial upped their target price on Hilton Worldwide from $300.00 to $355.00 and gave the stock an “outperform” rating in a research report on Friday, February 20th. Jefferies Financial Group restated a “buy” rating and set a $339.00 price target on shares of Hilton Worldwide in a research note on Wednesday, February 11th. Argus lifted their price objective on shares of Hilton Worldwide from $350.00 to $380.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $338.00 to $373.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, Sanford C. Bernstein raised their price objective on Hilton Worldwide from $304.00 to $322.00 in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus target price of $326.18.
Insider Activity at Hilton Worldwide
In other news, insider Christopher J. Nassetta sold 114,289 shares of the business’s stock in a transaction that occurred on 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 sale, the insider directly 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 document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.60% of the company’s stock.
Hilton Worldwide Stock Performance
NYSE HLT opened at $294.26 on Friday. The stock has a market capitalization of $67.47 billion, a PE ratio of 48.08, a P/E/G ratio of 2.58 and a beta of 1.10. The stock has a 50-day simple moving average of $304.59 and a 200 day simple moving average of $283.60. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $333.86.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.06. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $2.99 billion. Hilton Worldwide had a negative return on equity of 40.24% and a net margin of 12.10%.The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company earned $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. As a group, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, February 27th. Hilton Worldwide’s payout ratio is currently 9.80%.
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.
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