Alyeska Investment Group L.P. Reduces Stake in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Alyeska Investment Group L.P. has reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 25%, now owning 770,233 shares valued at approximately $175.27 million.
• Various institutional investors have increased their holdings in Hilton Worldwide, with significant investments coming from Massachusetts Financial Services Co., which now owns shares worth $1.1 billion.
• Hilton Worldwide has received multiple positive ratings from analysts, with a consensus price target of $264.40 and multiple ratings ranging from "Buy" to "Strong Buy".

Alyeska Investment Group L.P. trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 25.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 770,233 shares of the company's stock after selling 257,360 shares during the quarter. Alyeska Investment Group L.P. owned approximately 0.32% of Hilton Worldwide worth $175,267,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

A number of research firms recently commented on HLT. Bank of America lifted their price objective on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price target for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Macquarie boosted their price target on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Barclays dropped their price target 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. Finally, JPMorgan Chase & Co. started coverage on Hilton Worldwide in a report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $264.40.

Hilton Worldwide Stock Performance

NYSE:HLT traded down $5.86 during trading on Friday, reaching $272.20. The company's stock had a trading volume of 1,578,820 shares, compared to its average volume of 1,429,783. The firm has a market cap of $64.02 billion, a price-to-earnings ratio of 41.81, a price-to-earnings-growth ratio of 2.68 and a beta of 1.21. The firm has a 50 day moving average of $271.09 and a 200-day moving average of $249.82. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.81.

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

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given 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 of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio is currently 9.22%.

Insider Activity at Hilton Worldwide

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

About Hilton Worldwide

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.