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2,511 Shares in Hilton Worldwide Holdings Inc. $HLT Bought by Wesbanco Bank Inc.

Hilton Worldwide logo with Consumer Discretionary background

Key Points

  • Wesbanco Bank Inc. acquired a new position in Hilton Worldwide Holdings Inc. by buying 2,511 shares, valued at approximately $669,000, during the second quarter.
  • Hilton Worldwide reported $2.20 EPS for its last quarter, exceeding analysts' expectations and marking a 6.3% year-over-year revenue increase.
  • The company announced a quarterly dividend of $0.15 per share, with an annualized yield of 0.2%, as it continues to attract significant institutional investment, owning 95.90% of the stock.
  • MarketBeat previews top five stocks to own in October.

Wesbanco Bank Inc. acquired a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,511 shares of the company's stock, valued at approximately $669,000.

Other hedge funds have also recently bought and sold shares of the company. ORG Partners LLC boosted its holdings in Hilton Worldwide by 78.7% in the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the period. Beacon Capital Management LLC boosted its holdings in Hilton Worldwide by 76.0% in the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the period. Valley National Advisers Inc. boosted its holdings in Hilton Worldwide by 244.8% in the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares during the period. Wayfinding Financial LLC bought a new stake in Hilton Worldwide in the 1st quarter valued at $54,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Hilton Worldwide in the 1st quarter valued at $61,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Price Performance

Shares of HLT opened at $271.41 on Tuesday. The firm has a 50-day moving average of $271.65 and a 200-day moving average of $250.32. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.80. The company has a market cap of $63.83 billion, a PE ratio of 41.69, a price-to-earnings-growth ratio of 2.71 and a beta of 1.21.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter last year, the firm posted $1.91 EPS. The company's quarterly 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. Analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.22%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Raymond James Financial increased their price target on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Macquarie upped their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Bank of America increased their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Monday, July 21st. JPMorgan Chase & Co. started coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target on the stock. Finally, Robert W. Baird raised their price objective on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $264.40.

Get Our Latest Research Report on HLT

Insider Activity

In other news, insider Christopher W. Silcock sold 11,905 shares of the firm's stock in a transaction dated 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 completion of the sale, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.60% of the company's stock.

About Hilton Worldwide

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report).

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

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