Taikang Asset Management Hong Kong Co Ltd Makes New Investment in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Taikang Asset Management acquired 20,731 shares of Hilton Worldwide, valued at approximately $4.7 million, indicating significant institutional interest in the company.
• Hilton Worldwide reported a quarterly earnings per share (EPS) of $2.20, surpassing estimates, along with a revenue increase of 6.3% compared to the previous year.
• The company declared a quarterly dividend of $0.15 per share, reflecting a yield of 0.2%, with a payout ratio currently at 9.22%.

Taikang Asset Management Hong Kong Co Ltd acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,731 shares of the company's stock, valued at approximately $4,717,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Hilton Worldwide by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,115,086 shares of the company's stock worth $5,714,938,000 after purchasing an additional 104,802 shares during the period. Massachusetts Financial Services Co. MA lifted its position in shares of Hilton Worldwide by 8.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock worth $1,100,530,000 after buying an additional 364,307 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of Hilton Worldwide by 11.3% in the 1st quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock valued at $861,132,000 after buying an additional 385,096 shares during the period. Northern Trust Corp grew its position in shares of Hilton Worldwide by 15.7% during the 4th quarter. Northern Trust Corp now owns 2,411,699 shares of the company's stock valued at $596,076,000 after buying an additional 327,267 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Hilton Worldwide by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock worth $487,135,000 after acquiring an additional 494,224 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on HLT. JPMorgan Chase & Co. assumed coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target for the company. Truist Financial upped their target price on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Robert W. Baird lifted their price target on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Finally, Bank of America raised their target price on Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hilton Worldwide has a consensus rating of "Moderate Buy" and an average target price of $264.40.

Hilton Worldwide Trading Down 0.0%

Shares of Hilton Worldwide stock traded down $0.13 on Thursday, reaching $276.27. 1,728,901 shares of the company were exchanged, compared to its average volume of 1,495,539. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.46. The firm has a market capitalization of $64.98 billion, a price-to-earnings ratio of 36.37, a price-to-earnings-growth ratio of 2.72 and a beta of 1.26. The stock has a fifty day moving average price of $268.15 and a 200-day moving average price of $249.62.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The firm had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter last year, the business posted $1.91 EPS. Hilton Worldwide's revenue was up 6.3% on a year-over-year basis. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. On average, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio is 9.22%.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the transaction, the insider directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.