Corient Private Wealth LP Sells 237,423 Shares of Hilton Worldwide Holdings Inc. $HLT

Corient Private Wealth LP trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 39.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 370,347 shares of the company’s stock after selling 237,423 shares during the quarter. Corient Private Wealth LP’s holdings in Hilton Worldwide were worth $122,385,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of HLT. Empowered Funds LLC bought a new position in shares of Hilton Worldwide during the 2nd quarter worth about $10,140,000. Jefferies Financial Group Inc. acquired a new position in Hilton Worldwide in the second quarter worth about $1,909,000. Northwestern Mutual Wealth Management Co. lifted its stake in Hilton Worldwide by 2.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 200,598 shares of the company’s stock worth $66,290,000 after purchasing an additional 4,700 shares during the period. Allstate Corp lifted its stake in Hilton Worldwide by 100.2% during the fourth quarter. Allstate Corp now owns 16,678 shares of the company’s stock worth $4,791,000 after purchasing an additional 8,348 shares during the period. Finally, Cumberland Partners Ltd boosted its holdings in Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock valued at $4,309,000 after purchasing an additional 7,500 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Down 0.1%

NYSE:HLT opened at $305.94 on Friday. The stock has a market capitalization of $68.86 billion, a P/E ratio of 44.92, a price-to-earnings-growth ratio of 2.48 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The firm has a 50 day moving average of $322.34 and a 200-day moving average of $321.77.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the company earned $2.20 EPS. Hilton Worldwide’s revenue for the quarter was up 6.5% on a year-over-year basis. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. As a group, analysts forecast that Hilton Worldwide Holdings Inc. will post 9.06 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 8.81%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Truist Financial increased their target price on Hilton Worldwide from $312.00 to $316.00 and gave the stock a “hold” rating in a report on Thursday. Susquehanna decreased their price target on Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th. TD Cowen upgraded Hilton Worldwide to a “strong-buy” rating in a research note on Tuesday. Evercore raised Hilton Worldwide from an “in-line” rating to an “outperform” rating in a report on Tuesday, July 21st. Finally, China Intl Cap upgraded shares of Hilton Worldwide to a “strong-buy” rating in a research note on Wednesday, August 12th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $354.00.

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a global hospitality company that owns, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of market segments, from luxury and full-service properties to focused-service, extended-stay and lifestyle accommodations.

The company’s brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Homewood Suites, Home2 Suites, Tru by Hilton, Canopy by Hilton, Curio Collection and Motto by Hilton.