Bingham Private Wealth LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,286 shares of the company’s stock, valued at approximately $657,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Hilton Worldwide by 10.9% in the third 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 last quarter. Railway Pension Investments Ltd raised its stake 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 acquiring an additional 5,000 shares during the last quarter. Candriam S.C.A. raised its stake 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 during the last quarter. National Pension Service raised its stake in shares of Hilton Worldwide by 1.6% in the third quarter. National Pension Service now owns 623,180 shares of the company’s stock worth $161,678,000 after acquiring an additional 9,954 shares during the last quarter. Finally, Partners Capital Investment Group LLP bought a new position in shares of Hilton Worldwide in the third quarter worth about $4,684,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Hilton Worldwide news, insider Christopher J. Nassetta sold 114,289 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $317.47, for a total value of $36,283,328.83. Following the completion of the sale, the insider owned 36,445 shares of the company’s stock, valued at approximately $11,570,194.15. This represents a 75.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.70% of the company’s stock.
Hilton Worldwide Stock Performance
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its earnings results on Wednesday, February 11th. The company reported $2.08 EPS for the quarter, beating 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 firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the firm earned $1.76 earnings per share. The business’s quarterly 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, sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, February 27th. Hilton Worldwide’s dividend payout ratio is presently 9.80%.
Analyst Ratings Changes
HLT has been the subject of a number of research analyst reports. Robert W. Baird boosted 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. Argus boosted their target price on shares of Hilton Worldwide from $350.00 to $380.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Sanford C. Bernstein boosted their target price on shares of Hilton Worldwide from $304.00 to $322.00 in a research note on Wednesday, February 25th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hilton Worldwide in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Hilton Worldwide from $318.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $328.95.
View Our Latest Analysis on Hilton Worldwide
Hilton Worldwide Company 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.
Further Reading
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