DoubleLine ETF Adviser LP Invests $1.30 Million in Hilton Worldwide Holdings Inc. $HLT

Key Points

• DoubleLine ETF Adviser LP recently acquired a new stake in Hilton Worldwide Holdings Inc., purchasing 5,712 shares worth approximately $1.3 million in the 1st quarter.
• The company reported $2.20 EPS for its latest quarter, exceeding analysts' expectations, and had a revenue increase of 6.3% year-over-year.
• Hilton Worldwide announced a quarterly dividend of $0.15 per share, reflecting a dividend yield of 0.2% and a payout ratio of 9.22%.

DoubleLine ETF Adviser LP acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 5,712 shares of the company's stock, valued at approximately $1,300,000.

A number of other large investors have also made changes to their positions in the stock. Fiduciary Trust Co boosted its holdings in shares of Hilton Worldwide by 0.5% during the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock worth $1,810,000 after buying an additional 38 shares during the period. Summit Financial LLC boosted its holdings in shares of Hilton Worldwide by 4.3% during the 1st quarter. Summit Financial LLC now owns 968 shares of the company's stock worth $220,000 after buying an additional 40 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of Hilton Worldwide by 2.9% during the 1st quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock worth $351,000 after buying an additional 44 shares during the period. First Bank & Trust boosted its holdings in shares of Hilton Worldwide by 0.5% during the 1st quarter. First Bank & Trust now owns 10,439 shares of the company's stock worth $2,375,000 after buying an additional 48 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in shares of Hilton Worldwide by 6.1% during the 4th quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock worth $220,000 after buying an additional 51 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Trading Up 1.9%

NYSE:HLT traded up $5.06 on Monday, hitting $277.36. The company had a trading volume of 1,544,737 shares, compared to its average volume of 1,982,672. The stock has a market capitalization of $65.23 billion, a price-to-earnings ratio of 42.61, a PEG ratio of 2.68 and a beta of 1.21. The firm has a 50 day moving average of $271.09 and a two-hundred day moving average of $249.69. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.80.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same period in the prior year, the company posted $1.91 EPS. The company'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, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio is 9.22%.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.60% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HLT. Barclays cut 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 boosted their price objective on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a report on Monday, July 21st. Macquarie boosted their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. Truist Financial boosted their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Finally, Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price objective for the company from $228.00 to $296.00 in a report on Monday, May 12th. One research 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 company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average 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.