Hilton Worldwide Holdings Inc. $HLT Position Reduced by First Manhattan CO. LLC.

First Manhattan CO. LLC. cut its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 2.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 145,360 shares of the company’s stock after selling 3,273 shares during the period. First Manhattan CO. LLC.’s holdings in Hilton Worldwide were worth $41,755,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Kemnay Advisory Services Inc. purchased a new stake in Hilton Worldwide during the fourth quarter valued at about $26,000. ST Germain D J Co. Inc. purchased a new stake in Hilton Worldwide during the fourth quarter valued at about $33,000. Caitlin John LLC purchased a new stake in Hilton Worldwide during the third quarter valued at about $32,000. Ameritas Advisory Services LLC lifted its stake in Hilton Worldwide by 110.6% during 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 in the last quarter. Finally, BOCHK Asset Management Ltd purchased a new stake in Hilton Worldwide during the fourth quarter valued at about $43,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on HLT shares. JPMorgan Chase & Co. upped their price objective on shares of Hilton Worldwide from $350.00 to $363.00 and gave the company an “overweight” rating in a research note on Tuesday, April 21st. Morgan Stanley upped their target price on Hilton Worldwide from $318.00 to $319.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Evercore upped their target price on Hilton Worldwide from $335.00 to $350.00 in a report on Friday, April 24th. UBS Group upped their target price on Hilton Worldwide from $360.00 to $371.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Finally, Truist Financial upped their target price on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $349.45.

Check Out Our Latest Stock Analysis on Hilton Worldwide

Hilton Worldwide Stock Performance

NYSE:HLT opened at $349.72 on Thursday. The stock’s 50 day moving average price is $328.76 and its 200 day moving average price is $308.98. Hilton Worldwide Holdings Inc. has a 52 week low of $243.53 and a 52 week high of $358.00. The company has a market capitalization of $79.61 billion, a P/E ratio of 53.39, a P/E/G ratio of 3.06 and a beta of 1.04.

Hilton Worldwide (NYSE:HLTGet Free Report) last released 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. 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 for the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter in the prior year, the company posted $1.72 earnings per share. The firm’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, sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.16%.

Hilton Worldwide Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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