Assetmark Inc. Sells 2,478 Shares of Hilton Worldwide Holdings Inc. $HLT

Assetmark Inc. lessened its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,757 shares of the company’s stock after selling 2,478 shares during the period. Assetmark Inc.’s holdings in Hilton Worldwide were worth $15,738,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kemnay Advisory Services Inc. acquired a new stake in shares of Hilton Worldwide during the 4th quarter worth $26,000. ST Germain D J Co. Inc. bought a new position in Hilton Worldwide in the 4th quarter valued at about $33,000. BOCHK Asset Management Ltd acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at approximately $43,000. MV Capital Management Inc. bought a new stake in shares of Hilton Worldwide during the 4th quarter worth approximately $43,000. Finally, Avalon Trust Co bought a new stake in shares of Hilton Worldwide during the 1st quarter worth approximately $45,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $322.23 on Monday. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $358.00. The company has a market capitalization of $73.36 billion, a PE ratio of 49.20, a price-to-earnings-growth ratio of 2.80 and a beta of 1.05. The company has a fifty day moving average of $332.95 and a 200-day moving average of $317.03.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.03. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.Hilton Worldwide’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the business posted $1.72 EPS. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.16%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on HLT shares. Sanford C. Bernstein decreased their price objective on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating on the stock in a research note on Friday, May 15th. TD Cowen upped their target price on Hilton Worldwide from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Rothschild & Co Redburn raised their target price on Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Evercore lifted their price target on Hilton Worldwide from $335.00 to $350.00 in a research note on Friday, April 24th. Finally, Wells Fargo & Company boosted their price target on Hilton Worldwide from $376.00 to $379.00 and gave the stock an “overweight” rating in a report on Thursday. Fourteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $350.18.

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.