Nordea Investment Management AB trimmed its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,378 shares of the company’s stock after selling 3,464 shares during the period. Nordea Investment Management AB’s holdings in Hilton Worldwide were worth $19,486,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the company. Sagard Holdings Management Inc. bought a new stake in shares of Hilton Worldwide in the 2nd quarter worth $30,000. Caitlin John LLC bought a new position in Hilton Worldwide during the third quarter valued at about $32,000. Atlantic Edge Private Wealth Management LLC grew its holdings in Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after acquiring an additional 45 shares during the period. Ameritas Advisory Services LLC raised its position in Hilton Worldwide by 110.6% in the third quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock worth $36,000 after acquiring an additional 73 shares in the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in Hilton Worldwide in the third quarter worth about $38,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Sanford C. Bernstein raised their price objective on shares of Hilton Worldwide from $304.00 to $322.00 in a research report on Wednesday, February 25th. Truist Financial boosted their target price on shares of Hilton Worldwide from $253.00 to $307.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Raymond James Financial increased their target price on shares of Hilton Worldwide from $300.00 to $355.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Argus lifted their price target on shares of Hilton Worldwide from $350.00 to $380.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, HSBC upped their price target on Hilton Worldwide from $307.00 to $319.00 and gave the company a “buy” rating in a report on Friday, January 23rd. One investment 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $326.18.
Hilton Worldwide Trading Down 0.4%
HLT stock opened at $299.55 on Wednesday. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $333.86. The firm has a 50-day moving average of $304.78 and a two-hundred day moving average of $284.91. The firm has a market capitalization of $68.68 billion, a PE ratio of 48.95, a P/E/G ratio of 2.61 and a beta of 1.10.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its earnings results on Wednesday, February 11th. The company reported $2.08 earnings per share for the quarter, topping 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 business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the firm posted $1.76 earnings per share. The firm’s quarterly revenue was up 10.9% compared to the same quarter last year. 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, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, February 27th. Hilton Worldwide’s payout ratio is 9.80%.
Insider Activity
In other news, insider Christopher J. Nassetta sold 114,289 shares of the stock in a transaction on Tuesday, February 17th. The stock was 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 in the company, valued at $11,570,194.15. This represents a 75.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is owned by insiders.
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.
See Also
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