Hilton Worldwide Holdings Inc. $HLT Stock Position Increased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust increased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 212.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,828 shares of the company’s stock after acquiring an additional 1,924 shares during the period. Parkside Financial Bank & Trust’s holdings in Hilton Worldwide were worth $935,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Frazier Financial Advisors LLC bought a new stake in Hilton Worldwide in the second quarter worth about $25,000. IMG Wealth Management Inc. bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at about $26,000. Trust Co. of Vermont bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at about $26,000. Kemnay Advisory Services Inc. acquired a new position in shares of Hilton Worldwide in the 4th quarter worth approximately $26,000. Finally, Elevation Wealth Partners LLC grew its stake in shares of Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after purchasing an additional 79 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on the stock. UBS Group reissued a “buy” rating and set a $363.00 target price on shares of Hilton Worldwide in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price target on the stock in a research report on Wednesday, August 12th. Wells Fargo & Company increased their price objective on Hilton Worldwide from $379.00 to $382.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Argus raised their price objective on Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Finally, CICC Research started coverage on Hilton Worldwide in a report on Wednesday, August 12th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $353.82.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $304.72 on Wednesday. The firm has a 50 day simple moving average of $324.15 and a 200 day simple moving average of $321.98. Hilton Worldwide Holdings Inc. has a 52 week low of $253.54 and a 52 week high of $358.00. The company has a market cap of $68.58 billion, a PE ratio of 44.75, a price-to-earnings-growth ratio of 2.51 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period in the previous year, the company posted $2.20 EPS. The company’s quarterly revenue was up 6.5% compared to the same quarter last year. 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, equities analysts predict that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is currently 8.81%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that owns, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of market segments, from luxury and full-service properties to focused-service, extended-stay and lifestyle accommodations.

The company’s brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Homewood Suites, Home2 Suites, Tru by Hilton, Canopy by Hilton, Curio Collection and Motto by Hilton.