NewEdge Wealth LLC increased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 30.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 12,960 shares of the company’s stock after buying an additional 3,041 shares during the quarter. NewEdge Wealth LLC’s holdings in Hilton Worldwide were worth $3,723,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Caitlin John LLC bought a new stake in Hilton Worldwide during the third quarter worth $32,000. ST Germain D J Co. Inc. bought a new stake in shares of Hilton Worldwide in the fourth quarter valued at $33,000. Ameritas Advisory Services LLC raised its stake in shares of Hilton Worldwide by 110.6% in the third quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock valued at $36,000 after buying an additional 73 shares during the period. BOCHK Asset Management Ltd bought a new stake in shares of Hilton Worldwide in the fourth quarter valued at $43,000. Finally, Physician Wealth Advisors Inc. raised its stake in shares of Hilton Worldwide by 83.5% in the fourth quarter. Physician Wealth Advisors Inc. now owns 167 shares of the company’s stock valued at $48,000 after buying an additional 76 shares during the period. 95.90% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, insider Christopher J. Nassetta sold 114,289 shares of the business’s 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 completion of the transaction, the insider directly owned 36,445 shares in the company, valued at $11,570,194.15. The trade was 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 insiders.
Hilton Worldwide Stock Performance
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The company had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. During the same period in the previous year, the company posted $1.72 EPS. The firm’s revenue for the quarter was up 9.0% compared to the same quarter last year. 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. Equities analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current fiscal year.
Hilton Worldwide Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s payout ratio is presently 9.16%.
Analyst Ratings Changes
HLT has been the topic of several research reports. Sanford C. Bernstein boosted their target price on Hilton Worldwide from $304.00 to $322.00 in a research note on Wednesday, February 25th. Weiss Ratings upgraded Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Susquehanna boosted their target price on Hilton Worldwide from $345.00 to $353.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. TD Cowen boosted their target price on Hilton Worldwide from $350.00 to $390.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd. Finally, UBS Group boosted their target price on Hilton Worldwide from $360.00 to $371.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. One equities research 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $348.59.
Read Our Latest Research Report on HLT
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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