Benchstone Capital Management LP Purchases 89,137 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Benchstone Capital Management LP increased its holdings in Hilton Worldwide by 107.7%, acquiring an additional 89,137 shares, making Hilton about 4.2% of its portfolio.
• Shares of Hilton Worldwide opened at $275.88, with a market capitalization of $64.88 billion and a P/E ratio of 42.38, reflecting bullish sentiment among institutional investors.
• Hilton Worldwide reported better-than-expected quarterly earnings of $2.20 EPS, surpassing estimates, and announced a quarterly dividend of $0.15, contributing to a 0.2% dividend yield.

Benchstone Capital Management LP increased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 107.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 171,921 shares of the company's stock after acquiring an additional 89,137 shares during the period. Hilton Worldwide comprises about 4.2% of Benchstone Capital Management LP's holdings, making the stock its 7th largest holding. Benchstone Capital Management LP owned approximately 0.07% of Hilton Worldwide worth $39,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. ORG Partners LLC raised its stake in shares of Hilton Worldwide by 78.7% during the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after purchasing an additional 74 shares in the last quarter. Beacon Capital Management LLC raised its holdings in shares of Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares in the last quarter. Valley National Advisers Inc. boosted its holdings in 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 purchasing an additional 142 shares in the last quarter. Wayfinding Financial LLC acquired a new position in Hilton Worldwide during the first quarter worth $54,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in Hilton Worldwide during the first quarter valued at about $61,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $269.40, for a total value of $3,207,207.00. Following the transaction, the insider owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.60% of the stock is owned by corporate insiders.

Hilton Worldwide Stock Performance

Shares of HLT stock traded up $3.01 during mid-day trading on Thursday, reaching $278.01. The company's stock had a trading volume of 1,997,533 shares, compared to its average volume of 1,983,704. The company has a market cap of $65.39 billion, a P/E ratio of 42.70, a PEG ratio of 2.72 and a beta of 1.21. The firm's 50-day moving average is $270.57 and its two-hundred day moving average is $249.85. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.73.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported $2.20 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 business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter last year, the company earned $1.91 EPS. Hilton Worldwide'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. Sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS 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 issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's payout ratio is presently 9.22%.

Analyst Ratings Changes

A number of research analysts have recently commented on HLT shares. Macquarie increased their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Barclays decreased their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. Bank of America lifted their target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, July 21st. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target for the company. Finally, Raymond James Financial lifted their price objective on Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. One equities research 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. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $264.40.

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.