Hilton Worldwide Holdings Inc. $HLT Stock Purchased by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 135.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,386 shares of the company’s stock after purchasing an additional 1,949 shares during the period. Lebenthal Global Advisors LLC’s holdings in Hilton Worldwide were worth $1,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Frazier Financial Advisors LLC purchased a new position in shares of Hilton Worldwide during the 2nd quarter valued at about $25,000. IMG Wealth Management Inc. purchased a new stake in shares of Hilton Worldwide in the second quarter worth about $26,000. Trust Co. of Vermont purchased a new stake in shares of Hilton Worldwide in the second quarter worth about $26,000. Elevation Wealth Partners LLC boosted its stake in shares of Hilton Worldwide by 1,128.6% in the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after buying an additional 79 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new stake in Hilton Worldwide during the second quarter worth about $31,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on HLT. UBS Group restated a “buy” rating and issued a $363.00 price objective on shares of Hilton Worldwide in a research report on Friday, August 14th. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $360.00 to $362.00 and gave the company an “outperform” rating in a report on Wednesday. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a report on Tuesday, July 21st. Mizuho raised shares of Hilton Worldwide from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $329.00 to $421.00 in a report on Thursday. Finally, TD Cowen upgraded shares of Hilton Worldwide to a “strong-buy” rating in a research report on Tuesday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average target price of $363.57.

Trending Headlines about Hilton Worldwide

Here are the key news stories impacting Hilton Worldwide this week:

• Positive Sentiment: Mizuho upgraded Hilton to “outperform” from “neutral” and lifted its price target to $421 from $329, implying substantial upside from recent trading levels. The upgrade reflects increased confidence in Hilton’s earnings and growth outlook. Mizuho upgrade article
• Positive Sentiment: Goldman Sachs maintained a Buy rating on HLT, while Susquehanna, Wells Fargo and Robert W. Baird issued favorable outlooks or increased their price targets. The cluster of supportive recommendations may reinforce the bullish sentiment surrounding the stock. Goldman Sachs coverage Susquehanna forecast Wells Fargo price target Baird outlook
• Neutral Sentiment: Analyst commentary on consumer-cyclical companies, including Hilton, adds visibility but does not introduce a major new operating catalyst. Hilton’s latest reported quarter showed earnings above consensus and year-over-year revenue growth, supporting the favorable analyst tone. Consumer cyclical analyst commentary
• Negative Sentiment: Barclays lowered its expectations for Hilton’s stock price, creating a counterpoint to the broader analyst optimism and potentially limiting near-term gains. Barclays Hilton outlook
• Negative Sentiment: Chief financial officer Kevin Jacobs sold 151,050 HLT shares for approximately $53.8 million, reducing his holdings by 33.96%. Although insider sales can be planned for personal or diversification reasons, the transaction may weigh on sentiment because it occurred while the stock was near record highs. SEC insider sale filing

Insider Buying and Selling

In other Hilton Worldwide news, Director Chris Carr sold 439 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the completion of the transaction, the director directly owned 8,252 shares in the company, valued at approximately $2,560,925.68. This represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Laura Fuentes sold 7,289 shares of the stock in a transaction on Monday, September 14th. The shares were sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the transaction, the insider directly owned 33,458 shares in the company, valued at approximately $10,365,622.98. The trade was a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 158,778 shares of company stock valued at $56,196,944. 2.70% of the stock is owned by corporate insiders.

Hilton Worldwide Trading Down 0.0%

Shares of HLT opened at $356.92 on Friday. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $364.50. The stock’s 50 day moving average is $325.02 and its two-hundred day moving average is $320.76. The firm has a market cap of $79.41 billion, a P/E ratio of 40.42, a PEG ratio of 2.80 and a beta of 1.10.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.08. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $3.37 billion. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. The business’s revenue was up 6.6% compared to the same quarter last year. During the same period in the previous year, the business earned $2.11 earnings per share. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.14 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 29th. Investors of record on Tuesday, December 1st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Hilton Worldwide’s payout ratio is presently 8.11%.

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio includes brands such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Hilton Garden Inn, Homewood Suites, Home2 Suites and Tru by Hilton.

The company provides accommodations and related services for business and leisure travelers, including guest rooms, meeting and event facilities, food and beverage operations, resort amenities and loyalty program benefits through Hilton Honors.