Public Employees Retirement System of Ohio trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 2.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,567 shares of the company’s stock after selling 2,557 shares during the period. Public Employees Retirement System of Ohio’s holdings in Hilton Worldwide were worth $29,364,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Kemnay Advisory Services Inc. bought a new stake in shares of Hilton Worldwide during the fourth quarter worth $26,000. Wilkerson Advisory Group LLC raised its holdings in shares of Hilton Worldwide by 163.2% in the first quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock valued at $30,000 after buying an additional 62 shares during the last quarter. ST Germain D J Co. Inc. bought a new position in shares of Hilton Worldwide in the fourth quarter valued at about $33,000. Meeder Asset Management Inc. lifted its position in Hilton Worldwide by 70.1% during the 1st quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock worth $35,000 after buying an additional 47 shares in the last quarter. Finally, BOCHK Asset Management Ltd bought a new stake in Hilton Worldwide during the 4th quarter worth about $43,000. Institutional investors own 95.90% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have weighed in on HLT shares. BMO Capital Markets raised their price objective on shares of Hilton Worldwide from $325.00 to $345.00 and gave the company a “market perform” rating in a research report on Thursday, April 23rd. Evercore upgraded shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday. Weiss Ratings raised shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Rothschild & Co Redburn raised their price target on shares of Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Finally, Macquarie Infrastructure boosted their price objective on shares of Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Hilton Worldwide has an average rating of “Moderate Buy” and an average price target of $350.36.
Hilton Worldwide Trading Up 1.5%
Shares of NYSE:HLT opened at $325.12 on Friday. The stock has a market capitalization of $74.01 billion, a P/E ratio of 49.64, a P/E/G ratio of 2.71 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 1-year low of $253.54 and a 1-year high of $358.00. The business has a 50-day moving average price of $333.81 and a two-hundred day moving average price of $318.02.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its earnings results 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. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $2.95 billion. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. During the same period in the prior year, the company posted $1.72 EPS. The company’s revenue 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. As a group, equities analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was 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 (DPR) is presently 9.16%.
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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