Hilton Worldwide Holdings Inc. $HLT Shares Sold by Ameriprise Financial Inc.

Key Points

• Ameriprise Financial Inc. has reduced its stake in Hilton Worldwide Holdings Inc. by 15.7%, selling 350,882 shares and now owning approximately 1.88 million shares valued at $428 million.
• Recently, several institutional investors made significant moves: Nuveen LLC acquired a new position worth approximately $354 million, while GAMMA Investing LLC increased its stake by over 23,500%.
• Hilton Worldwide announced an earnings per share of $2.20 for the last quarter, surpassing analyst forecasts, and maintained a quarterly dividend payout of $0.15 per share.

Ameriprise Financial Inc. trimmed its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 15.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,882,451 shares of the company's stock after selling 350,882 shares during the period. Ameriprise Financial Inc. owned approximately 0.79% of Hilton Worldwide worth $428,352,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HLT. Nuveen LLC purchased a new stake in Hilton Worldwide during the first quarter valued at approximately $353,985,000. GAMMA Investing LLC grew its stake in Hilton Worldwide by 23,543.6% during the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock valued at $2,397,370,000 after acquiring an additional 1,049,101 shares in the last quarter. Goldman Sachs Group Inc. grew 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 valued at $487,135,000 after acquiring an additional 494,224 shares in the last quarter. SurgoCap Partners LP purchased a new position in Hilton Worldwide during the fourth quarter valued at $109,492,000. Finally, Jennison Associates LLC lifted its position in Hilton Worldwide by 11.3% during the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock valued at $861,132,000 after purchasing an additional 385,096 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

HLT has been the subject of several research reports. Barclays lowered their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. Raymond James Financial lifted their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Macquarie lifted their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Jefferies Financial Group upgraded shares of 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 report on Monday, May 12th. Finally, Truist Financial lifted their price objective 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $264.40.

Hilton Worldwide Stock Performance

Shares of HLT traded up $8.1870 during trading hours on Friday, hitting $277.3770. The stock had a trading volume of 1,578,622 shares, compared to its average volume of 1,556,552. The firm has a 50-day moving average price of $266.47 and a 200 day moving average price of $249.22. The firm has a market capitalization of $65.24 billion, a price-to-earnings ratio of 42.61, a PEG ratio of 2.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.91 earnings per share. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the sale, the insider directly owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is owned by company insiders.

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.