Pacer Advisors Inc. lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 82.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,688 shares of the company’s stock after selling 56,773 shares during the period. Pacer Advisors Inc.’s holdings in Hilton Worldwide were worth $3,554,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Kemnay Advisory Services Inc. purchased a new stake in Hilton Worldwide during the fourth quarter worth $26,000. Wilkerson Advisory Group LLC increased its holdings in Hilton Worldwide by 163.2% in the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock valued at $30,000 after buying an additional 62 shares in the last quarter. Meeder Asset Management Inc. raised its position in shares of Hilton Worldwide by 70.1% in the first quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock worth $35,000 after acquiring an additional 47 shares during the period. ST Germain D J Co. Inc. purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth about $33,000. Finally, Avalon Trust Co purchased a new position in shares of Hilton Worldwide in the 1st quarter valued at about $45,000. 95.90% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of research firms recently weighed in on HLT. JPMorgan Chase & Co. upped their price target on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Barclays boosted their price objective on Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Truist Financial upped their target price on Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a research note on Wednesday, April 29th. Mizuho increased their target price on Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a research report on Tuesday, April 28th. Finally, Macquarie Infrastructure boosted their price target on shares of Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Fourteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $353.05.
Hilton Worldwide Stock Performance
Shares of HLT opened at $321.92 on Friday. The stock has a 50 day moving average price of $333.21 and a 200 day moving average price of $319.68. The stock has a market capitalization of $72.45 billion, a price-to-earnings ratio of 47.27, a PEG ratio of 2.76 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.02. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.20 EPS. 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. On average, analysts predict that Hilton Worldwide Holdings Inc. will post 9.04 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st 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, August 21st. Hilton Worldwide’s dividend payout ratio is currently 8.81%.
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.
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