State of Alaska Department of Revenue Lowers Stock Position in Hilton Worldwide Holdings Inc. $HLT

State of Alaska Department of Revenue reduced its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 10.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 23,060 shares of the company’s stock after selling 2,650 shares during the period. State of Alaska Department of Revenue’s holdings in Hilton Worldwide were worth $6,623,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in shares of Hilton Worldwide by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock valued at $6,606,172,000 after buying an additional 151,984 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Hilton Worldwide by 12.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock valued at $2,620,531,000 after buying an additional 1,132,880 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Hilton Worldwide by 10.4% during the 3rd quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock valued at $1,559,316,000 after buying an additional 567,651 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Hilton Worldwide by 2.6% during the 3rd quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock valued at $1,232,571,000 after buying an additional 119,172 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Hilton Worldwide by 9.9% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,067,494 shares of the company’s stock valued at $1,055,271,000 after buying an additional 366,987 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Hilton Worldwide from $299.00 to $332.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Sanford C. Bernstein boosted their price target on Hilton Worldwide from $304.00 to $322.00 in a report on Wednesday, February 25th. Truist Financial boosted their price target on Hilton Worldwide from $253.00 to $307.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Jefferies Financial Group reissued a “buy” rating and issued a $339.00 price target on shares of Hilton Worldwide in a report on Wednesday, February 11th. Finally, JPMorgan Chase & Co. boosted their price target on Hilton Worldwide from $318.00 to $350.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $328.95.

Insider Activity

In other news, insider Christopher J. Nassetta sold 114,289 shares of the company’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 of the company’s stock, valued at $11,570,194.15. This represents a 75.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is owned by company insiders.

Hilton Worldwide Trading Up 1.3%

NYSE HLT opened at $331.47 on Wednesday. The stock has a market cap of $75.84 billion, a PE ratio of 54.16, a P/E/G ratio of 2.84 and a beta of 1.11. Hilton Worldwide Holdings Inc. has a 12 month low of $201.15 and a 12 month high of $333.86. The stock’s 50 day moving average is $308.18 and its 200 day moving average is $289.16.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.06. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the prior year, the firm 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. On average, 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 was paid on Tuesday, March 31st. Stockholders of record on Friday, February 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was 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.