Hilton Worldwide Holdings Inc. $HLT Shares Sold by Bank of America Corp DE

Bank of America Corp DE reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,982,089 shares of the company’s stock after selling 176,986 shares during the quarter. Bank of America Corp DE owned 2.57% of Hilton Worldwide worth $1,551,993,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of Nova Scotia lifted its stake in Hilton Worldwide by 20.4% during the third quarter. Bank of Nova Scotia now owns 29,081 shares of the company’s stock worth $7,545,000 after purchasing an additional 4,926 shares in the last quarter. Boothbay Fund Management LLC grew its stake in shares of Hilton Worldwide by 225.7% in the third quarter. Boothbay Fund Management LLC now owns 2,495 shares of the company’s stock valued at $647,000 after buying an additional 1,729 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of Hilton Worldwide in the 3rd quarter valued at $2,508,000. Creative Planning raised its holdings in shares of Hilton Worldwide by 7.6% in the 3rd quarter. Creative Planning now owns 45,542 shares of the company’s stock valued at $11,815,000 after buying an additional 3,220 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in Hilton Worldwide by 56.4% during the 3rd quarter. Lazard Asset Management LLC now owns 73,745 shares of the company’s stock worth $19,132,000 after acquiring an additional 26,606 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 114,289 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $317.47, for a total value of $36,283,328.83. Following the sale, the insider directly owned 36,445 shares in the company, valued at $11,570,194.15. This trade represents a 75.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Raymond James Financial lifted their target price on Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. UBS Group increased their price target on shares of Hilton Worldwide from $312.00 to $360.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. Mizuho lifted their price objective on shares of Hilton Worldwide from $266.00 to $321.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. TD Cowen upped their target price on shares of Hilton Worldwide from $297.00 to $330.00 in a research note on Tuesday, February 3rd. Finally, Argus increased their target price on shares of Hilton Worldwide from $350.00 to $380.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $326.18.

Hilton Worldwide Stock Down 1.0%

Shares of NYSE:HLT opened at $291.26 on Monday. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $333.86. The firm’s 50 day moving average price is $304.57 and its 200 day moving average price is $283.83. The stock has a market cap of $66.78 billion, a price-to-earnings ratio of 47.59, a price-to-earnings-growth ratio of 2.53 and a beta of 1.10.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $2.08 EPS for the quarter, topping the consensus estimate of $2.02 by $0.06. Hilton Worldwide had a net margin of 12.10% and a negative return on equity of 40.24%. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the previous year, the business posted $1.76 EPS. The firm’s revenue was up 10.9% on a year-over-year basis. 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. On average, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

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.