Alliancebernstein L.P. Has $61.62 Million Stock Position in Hilton Worldwide Holdings Inc. $HLT

Alliancebernstein L.P. reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 270,774 shares of the company's stock after selling 3,298 shares during the period. Alliancebernstein L.P. owned 0.11% of Hilton Worldwide worth $61,615,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of HLT. Baird Financial Group Inc. raised its position in Hilton Worldwide by 81.9% in the fourth quarter. Baird Financial Group Inc. now owns 1,459 shares of the company's stock worth $361,000 after acquiring an additional 657 shares in the last quarter. Cetera Investment Advisers increased its position in Hilton Worldwide by 8.6% during the 4th quarter. Cetera Investment Advisers now owns 31,659 shares of the company's stock worth $7,825,000 after purchasing an additional 2,516 shares in the last quarter. CoreCap Advisors LLC boosted its stake in Hilton Worldwide by 6.1% in the 4th quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock worth $220,000 after buying an additional 51 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in Hilton Worldwide by 4.8% in the 4th quarter. EP Wealth Advisors LLC now owns 3,912 shares of the company's stock worth $967,000 after buying an additional 179 shares during the last quarter. Finally, Fiduciary Trust Co boosted its stake in Hilton Worldwide by 0.5% in the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock worth $1,810,000 after buying an additional 38 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Christopher W. Silcock sold 11,905 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was 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 directly owned 79,451 shares of the company's stock, valued at $21,404,099.40. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.60% of the stock is owned by corporate insiders.

Hilton Worldwide Trading Down 1.0%

NYSE HLT traded down $2.82 on Tuesday, reaching $274.98. The stock had a trading volume of 863,152 shares, compared to its average volume of 1,411,902. The company has a market capitalization of $64.67 billion, a price-to-earnings ratio of 42.24, a P/E/G ratio of 2.74 and a beta of 1.21. The business has a 50 day moving average price of $271.43 and a 200 day moving average price of $249.99. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.80.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the company posted $1.91 EPS. The firm'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, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Analyst Ratings Changes

HLT has been the topic of several research analyst reports. Barclays reduced their price objective on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research note on Thursday, July 24th. Macquarie lifted their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Raymond James Financial boosted their price target on Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Finally, Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price objective for the company from $228.00 to $296.00 in a research report on Monday, May 12th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $264.40.

Hilton Worldwide Company 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.