Assenagon Asset Management S.A. trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 20.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,313 shares of the company’s stock after selling 21,726 shares during the period. Assenagon Asset Management S.A.’s holdings in Hilton Worldwide were worth $24,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of HLT. NewEdge Advisors LLC lifted its holdings in shares of Hilton Worldwide by 25.6% in the 1st quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock valued at $520,000 after acquiring an additional 465 shares during the last quarter. Empowered Funds LLC raised its position in Hilton Worldwide by 37.4% during the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock valued at $1,396,000 after purchasing an additional 1,669 shares during the period. Woodline Partners LP lifted its stake in shares of Hilton Worldwide by 38.8% in the 1st quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after purchasing an additional 5,687 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Hilton Worldwide by 112.4% during the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock valued at $1,247,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Hilton Worldwide by 182.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after buying an additional 215 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research analysts have commented on HLT shares. The Goldman Sachs Group boosted their price objective on shares of Hilton Worldwide from $317.00 to $330.00 in a research report on Tuesday, February 3rd. Sanford C. Bernstein increased their price objective on shares of Hilton Worldwide from $304.00 to $322.00 in a research report on Wednesday, February 25th. UBS Group raised their price objective on shares of Hilton Worldwide from $312.00 to $360.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. BMO Capital Markets boosted their target price on Hilton Worldwide from $320.00 to $325.00 and gave the company a “market perform” rating in a research report on Tuesday, February 17th. Finally, Barclays upped 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. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $326.18.
Hilton Worldwide Price Performance
HLT stock opened at $303.19 on Thursday. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $333.86. The firm’s 50-day moving average is $304.84 and its 200 day moving average is $285.04. The company has a market capitalization of $69.52 billion, a PE ratio of 49.54, a P/E/G ratio of 2.60 and a beta of 1.10.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.06. The company 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 quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.76 EPS. 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. Sell-side 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 disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 27th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is 9.80%.
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 transaction of $36,283,328.83. Following the transaction, 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.60% of the stock is owned by insiders.
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.
See Also
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