APG Asset Management N.V. Sells 15,221 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• APG Asset Management N.V. has reduced its stake in Hilton Worldwide Holdings Inc. by 16.5%, owning 77,018 shares worth approximately $16.2 million after selling 15,221 shares in the first quarter.
• Insider Christopher W. Silcock sold 11,905 shares of Hilton's stock, representing a 13.03% decrease in his position, during a transaction valued at over $3.2 million.
• Despite the decrease in holdings by APG, other hedge funds demonstrated bullish behavior, with ORG Partners LLC increasing their stake by 78.7% during the same period.

APG Asset Management N.V. reduced its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 16.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 77,018 shares of the company's stock after selling 15,221 shares during the period. APG Asset Management N.V.'s holdings in Hilton Worldwide were worth $16,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Hilton Worldwide by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,115,086 shares of the company's stock valued at $5,714,938,000 after purchasing an additional 104,802 shares during the period. Massachusetts Financial Services Co. MA increased its position in Hilton Worldwide by 8.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock worth $1,100,530,000 after acquiring an additional 364,307 shares during the period. Jennison Associates LLC raised its stake in Hilton Worldwide by 11.3% during the 1st 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. Northern Trust Corp increased its holdings 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 worth $596,076,000 after purchasing an additional 327,267 shares during the period. Finally, Goldman Sachs Group Inc. grew its position 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 buying an additional 494,224 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on HLT. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and raised their target price for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Macquarie lifted their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. 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. Truist Financial lifted their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Finally, Barclays reduced their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $264.40.

Hilton Worldwide Price Performance

Shares of HLT traded down $0.13 during mid-day trading on Thursday, hitting $276.27. 1,728,901 shares of the company's stock were exchanged, compared to its average volume of 1,998,278. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.46. The company has a 50-day simple moving average of $268.15 and a 200 day simple moving average of $249.62. The company has a market cap of $64.98 billion, a PE ratio of 42.44, a P/E/G ratio of 2.71 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping 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 period in the prior year, the business 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. On average, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's payout ratio is currently 9.22%.

Insider Buying and Selling

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 transaction, the insider directly owned 79,451 shares of the company's stock, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is currently owned by company insiders.

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.