Harvest Portfolios Group Inc. Sells 2,552 Shares of Hilton Worldwide Holdings Inc. $HLT

Harvest Portfolios Group Inc. reduced its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 9.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,619 shares of the company’s stock after selling 2,552 shares during the quarter. Harvest Portfolios Group Inc.’s holdings in Hilton Worldwide were worth $7,072,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in HLT. NewEdge Advisors LLC boosted its position in shares of Hilton Worldwide by 25.6% during the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock valued at $520,000 after purchasing an additional 465 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Hilton Worldwide by 37.4% during the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock valued at $1,396,000 after purchasing an additional 1,669 shares in the last quarter. Woodline Partners LP boosted its position in shares of Hilton Worldwide by 38.8% during the first quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after purchasing an additional 5,687 shares in the last quarter. Intech Investment Management LLC boosted its position in shares of Hilton Worldwide by 112.4% during the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock valued at $1,247,000 after purchasing an additional 2,899 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Hilton Worldwide by 182.2% during the first quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock valued at $76,000 after purchasing an additional 215 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Price Performance

HLT stock opened at $315.36 on Wednesday. Hilton Worldwide Holdings Inc. has a 1-year low of $241.45 and a 1-year high of $344.75. The business has a fifty day moving average price of $313.54 and a 200-day moving average price of $299.24. The stock has a market capitalization of $71.79 billion, a P/E ratio of 48.15, a P/E/G ratio of 2.77 and a beta of 1.06.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter in the previous year, the business earned $1.72 earnings per share. The company’s revenue was up 9.0% on a year-over-year basis. 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. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.04 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is currently 9.16%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Wells Fargo & Company lifted their price objective on Hilton Worldwide from $373.00 to $376.00 and gave the company an “overweight” rating in a research note on Tuesday, April 14th. UBS Group lifted their price objective on Hilton Worldwide from $360.00 to $371.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Susquehanna lifted their price objective on Hilton Worldwide from $345.00 to $353.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. HSBC lifted their price objective on Hilton Worldwide from $353.00 to $387.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Argus lifted their price objective on Hilton Worldwide from $350.00 to $380.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Fourteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and a consensus target price of $348.55.

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.