Assenagon Asset Management S.A. Sells 21,542 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Assenagon Asset Management reduced its Hilton Worldwide stake by 4.1%, selling 21,542 shares and retaining 509,185 shares valued at approximately $168.3 million. Institutional investors collectively own 95.9% of HLT.
• Analysts remain broadly positive, with 14 Buy ratings and eight Holds producing a “Moderate Buy” consensus and an average price target of $353.05.
• Hilton reported quarterly EPS of $2.29, slightly above expectations, while revenue rose 6.5% year over year. The company also declared a quarterly dividend of $0.15 per share, yielding approximately 0.2% annually.

Assenagon Asset Management S.A. cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 509,185 shares of the company's stock after selling 21,542 shares during the period. Assenagon Asset Management S.A. owned 0.22% of Hilton Worldwide worth $168,265,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of HLT. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Hilton Worldwide by 17.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,626 shares of the company's stock valued at $14,255,000 after purchasing an additional 7,339 shares during the period. Allstate Corp boosted its position in shares of Hilton Worldwide by 100.2% in the 4th quarter. Allstate Corp now owns 16,678 shares of the company's stock worth $4,791,000 after purchasing an additional 8,348 shares during the last quarter. Cumberland Partners Ltd grew its stake in shares of Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company's stock worth $4,309,000 after purchasing an additional 7,500 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Hilton Worldwide by 4.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company's stock valued at $143,944,000 after purchasing an additional 22,249 shares during the last quarter. Finally, Applied Finance Capital Management LLC increased its holdings in Hilton Worldwide by 96.7% in the fourth quarter. Applied Finance Capital Management LLC now owns 10,282 shares of the company's stock valued at $2,954,000 after purchasing an additional 5,055 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of recent analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of Hilton Worldwide in a report on Friday, July 24th. Wells Fargo & Company upped their price target on Hilton Worldwide from $379.00 to $382.00 and gave the company an "overweight" rating in a research note on Thursday, July 30th. UBS Group lifted their price objective on shares of Hilton Worldwide from $360.00 to $371.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Bank of America boosted their price objective on shares of Hilton Worldwide from $324.00 to $375.00 in a report on Monday, April 27th. Finally, TD Cowen upped their target price on shares of Hilton Worldwide from $350.00 to $390.00 and gave the company a "buy" rating in a research note on Wednesday, April 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $353.05.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $321.92 on Friday. The company has a market capitalization of $72.45 billion, a P/E ratio of 47.27, a price-to-earnings-growth ratio of 2.76 and a beta of 1.05. The business has a 50-day moving average of $333.21 and a two-hundred day moving average of $319.68. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business had revenue of $1.38 billion for the quarter, compared to analysts' expectations of $3.32 billion. During the same quarter in the previous year, the business posted $2.20 EPS. Hilton Worldwide's revenue for the quarter was up 6.5% on a year-over-year basis. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. On average, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.04 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 21st. Hilton Worldwide's dividend payout ratio is 8.81%.

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton's brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

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