Contravisory Investment Management Inc. Purchases 2,070 Shares of Hilton Worldwide Holdings Inc. $HLT

Contravisory Investment Management Inc. grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 89.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,393 shares of the company’s stock after buying an additional 2,070 shares during the period. Contravisory Investment Management Inc.’s holdings in Hilton Worldwide were worth $1,398,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Frazier Financial Advisors LLC acquired a new position in Hilton Worldwide in the second quarter valued at approximately $25,000. IMG Wealth Management Inc. purchased a new stake in Hilton Worldwide in the second quarter valued at $26,000. Trust Co. of Vermont purchased a new stake in Hilton Worldwide in the second quarter valued at $26,000. Elevation Wealth Partners LLC lifted 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 valued at $28,000 after purchasing an additional 79 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insiders Place Their Bets

In other Hilton Worldwide news, Director Chris Carr sold 439 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $310.34, for a total value of $136,239.26. Following the sale, the director owned 8,252 shares of the company’s stock, valued at $2,560,925.68. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Laura Fuentes sold 7,289 shares of Hilton Worldwide stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $309.81, for a total value of $2,258,205.09. Following the completion of the transaction, the insider owned 33,458 shares of the company’s stock, valued at $10,365,622.98. The trade was a 17.89% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.70% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE HLT traded up $2.10 during midday trading on Tuesday, hitting $329.64. The company’s stock had a trading volume of 1,295,545 shares, compared to its average volume of 1,883,266. The firm has a market capitalization of $74.19 billion, a price-to-earnings ratio of 48.41, a price-to-earnings-growth ratio of 2.64 and a beta of 1.10. The business’s fifty day simple moving average is $317.83 and its two-hundred day simple moving average is $323.94. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00.

Hilton Worldwide (NYSE:HLT – Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.38 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the business earned $2.20 EPS. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. 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. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.06 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Evercore raised Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday, July 21st. UBS Group reaffirmed a “buy” rating and issued a $363.00 target price on shares of Hilton Worldwide in a research report on Friday, August 14th. Weiss Ratings lowered shares of Hilton Worldwide from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. JPMorgan Chase & Co. lifted their price target on shares of Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Finally, Barclays boosted their price target on shares of Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $354.18.

Get Our Latest Research Report on HLT

About Hilton Worldwide

(Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.

Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.

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

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