BI Asset Management Fondsmaeglerselskab A S Raises Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• BI Asset Management Fondsmaeglerselskab A S increased its stake in Hilton Worldwide Holdings Inc. by 40%, now holding 20,365 shares valued at approximately $4.63 million.
• Hilton Worldwide reported a quarterly earnings per share (EPS) of $2.20, surpassing the consensus estimate of $2.04, alongside a revenue of $3.14 billion.
• Analysts have set a range of price targets for Hilton, with Raymond James raising its target from $275 to $300 and Bank of America increasing it from $275 to $285.

BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 40.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,365 shares of the company's stock after buying an additional 5,823 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Hilton Worldwide were worth $4,634,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Sowell Financial Services LLC acquired a new position in shares of Hilton Worldwide during the first quarter worth $314,000. Artemis Investment Management LLP increased its holdings in Hilton Worldwide by 3.9% in the first quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after purchasing an additional 6,146 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Hilton Worldwide by 8.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after purchasing an additional 364,307 shares during the period. Malaga Cove Capital LLC acquired a new stake in Hilton Worldwide in the first quarter valued at $316,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in Hilton Worldwide in the first quarter valued at $217,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the transaction, the insider owned 79,451 shares of the company's stock, valued at $21,404,099.40. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Hilton Worldwide Price Performance

Shares of HLT stock traded up $8.1870 on Friday, reaching $277.3770. 1,578,622 shares of the company were exchanged, compared to its average volume of 1,564,406. The company has a market cap of $65.24 billion, a price-to-earnings ratio of 42.61, a PEG ratio of 2.73 and a beta of 1.26. The company has a 50-day moving average of $266.47 and a 200-day moving average of $249.36. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share (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 for the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the prior year, the firm earned $1.91 EPS. The business'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. As a group, sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced 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 of this dividend is Friday, August 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.22%.

Wall Street Analysts Forecast Growth

HLT has been the subject of a number of recent research reports. Barclays decreased their price objective on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. 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. Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and increased their price objective for the company from $228.00 to $296.00 in a report on Monday, May 12th. Bank of America upped their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Finally, JPMorgan Chase & Co. initiated coverage on Hilton Worldwide in a research note on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $264.40.

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.