M&T Bank Corp increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 51.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,405 shares of the company’s stock after acquiring an additional 9,608 shares during the period. M&T Bank Corp’s holdings in Hilton Worldwide were worth $8,160,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Hilton Worldwide by 0.6% during the third quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock worth $6,606,172,000 after acquiring an additional 151,984 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Hilton Worldwide by 12.6% during the third quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock worth $2,620,531,000 after acquiring an additional 1,132,880 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of Hilton Worldwide by 10.4% during the third quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock worth $1,559,316,000 after acquiring an additional 567,651 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Hilton Worldwide by 2.6% during the third quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock worth $1,232,571,000 after acquiring an additional 119,172 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its holdings in shares of Hilton Worldwide by 9.9% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,067,494 shares of the company’s stock worth $1,055,271,000 after acquiring an additional 366,987 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, insider Christopher J. Nassetta sold 114,289 shares of Hilton Worldwide stock in a transaction dated 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 trade represents a 75.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.70% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on HLT
Hilton Worldwide Stock Performance
Hilton Worldwide stock opened at $312.73 on Wednesday. The business’s 50-day simple moving average is $311.99 and its 200-day simple moving average is $295.55. The firm has a market capitalization of $71.19 billion, a PE ratio of 47.75, a PEG ratio of 2.70 and a beta of 1.06. Hilton Worldwide Holdings Inc. has a 52 week low of $235.99 and a 52 week high of $344.75.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.98 by $0.03. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.72 earnings per share. 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. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.05 earnings per share for the current year.
Hilton Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, May 22nd will be paid a $0.15 dividend. The ex-dividend date is Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is presently 9.16%.
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.
Further Reading
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