CX Institutional Decreases Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• CX Institutional cut its Hilton Worldwide stake by 88.2% in the third quarter, selling 21,732 shares and retaining 2,900 shares valued at approximately $922,000. Institutional investors collectively own 95.9% of HLT.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $354. Several firms recently upgraded the stock to “strong buy” or raised their targets.
• Hilton reported quarterly EPS of $2.29, slightly exceeding estimates, while revenue rose 6.5% year over year. The company also maintained its quarterly dividend at $0.15 per share, representing a 0.2% annualized yield.

CX Institutional reduced its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 88.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,900 shares of the company's stock after selling 21,732 shares during the period. CX Institutional's holdings in Hilton Worldwide were worth $922,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of HLT. QRG Capital Management Inc. increased its stake in shares of Hilton Worldwide by 7.2% in the 2nd quarter. QRG Capital Management Inc. now owns 31,157 shares of the company's stock valued at $10,296,000 after purchasing an additional 2,101 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Hilton Worldwide by 8.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 8,032 shares of the company's stock worth $2,654,000 after buying an additional 608 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in Hilton Worldwide by 4.3% in the second quarter. Sequoia Financial Advisors LLC now owns 11,498 shares of the company's stock valued at $3,800,000 after buying an additional 479 shares in the last quarter. Engineers Gate Manager LP grew its position in Hilton Worldwide by 4,286.3% in the second quarter. Engineers Gate Manager LP now owns 32,546 shares of the company's stock valued at $10,755,000 after acquiring an additional 31,804 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC raised its stake in Hilton Worldwide by 29.3% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,254 shares of the company's stock worth $414,000 after acquiring an additional 284 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

HLT has been the subject of a number of research reports. China Intl Cap raised shares of Hilton Worldwide to a "strong-buy" rating in a report on Wednesday, August 12th. Morgan Stanley lifted their price target on shares of Hilton Worldwide from $319.00 to $332.00 and gave the company an "overweight" rating in a report on Friday, July 17th. TD Cowen raised shares of Hilton Worldwide to a "strong-buy" rating in a research note on Tuesday, September 8th. UBS Group restated a "buy" rating and issued a $363.00 target price on shares of Hilton Worldwide in a research report on Friday, August 14th. Finally, Wolfe Research initiated coverage on Hilton Worldwide in a research report on Wednesday, September 2nd. They set a "peer perform" rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $354.00.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 7,289 shares of the stock in a transaction on Monday, September 14th. The stock was sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the completion of the transaction, the insider directly owned 33,458 shares of the company's stock, valued at approximately $10,365,622.98. This represents a 17.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Chris Carr sold 439 shares of the business's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $310.34, for a total value of $136,239.26. Following the completion of the sale, the director owned 8,252 shares in the company, valued at approximately $2,560,925.68. The trade was a 5.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.70% of the stock is owned by insiders.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $319.57 on Friday. The stock has a market cap of $71.92 billion, a PE ratio of 46.93, a price-to-earnings-growth ratio of 2.58 and a beta of 1.10. Hilton Worldwide Holdings Inc. has a fifty-two week low of $253.54 and a fifty-two week high of $358.00. The firm's 50-day simple moving average is $317.39 and its 200 day simple moving average is $322.51.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, topping analysts' consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company's revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.20 EPS. 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. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 9.06 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, August 21st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, August 21st. Hilton Worldwide's dividend payout ratio (DPR) is 8.81%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.

Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.

Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.