Envestnet Portfolio Solutions Inc. Sells 1,282 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Envestnet Portfolio Solutions Inc. reduced its holdings in Hilton Worldwide by 16.7%, now owning 6,383 shares worth approximately $1.7 million after selling 1,282 shares.
• Various analysts have adjusted their price targets for Hilton Worldwide, with Macquarie increasing theirs from $240.00 to $258.00 and Bank of America raising theirs from $275.00 to $285.00, reflecting positive sentiment around the stock.
• Hilton Worldwide announced a quarterly dividend of $0.15 per share, resulting in an annualized yield of 0.2%, with a low payout ratio of 9.22%.

Envestnet Portfolio Solutions Inc. trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 16.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,383 shares of the company's stock after selling 1,282 shares during the quarter. Envestnet Portfolio Solutions Inc.'s holdings in Hilton Worldwide were worth $1,700,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HLT. GAMMA Investing LLC grew its position in Hilton Worldwide by 3.9% during the first quarter. GAMMA Investing LLC now owns 4,630 shares of the company's stock valued at $1,054,000 after buying an additional 174 shares during the period. Exchange Traded Concepts LLC grew its position in Hilton Worldwide by 12.6% during the first quarter. Exchange Traded Concepts LLC now owns 789 shares of the company's stock valued at $180,000 after buying an additional 88 shares during the period. Sowell Financial Services LLC bought a new stake in Hilton Worldwide during the first quarter valued at approximately $314,000. State of Alaska Department of Revenue grew its position in Hilton Worldwide by 1.4% during the first quarter. State of Alaska Department of Revenue now owns 28,190 shares of the company's stock valued at $6,414,000 after buying an additional 395 shares during the period. Finally, Institute for Wealth Management LLC. grew its position in Hilton Worldwide by 37.7% during the first quarter. Institute for Wealth Management LLC. now owns 2,384 shares of the company's stock valued at $542,000 after buying an additional 653 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Macquarie upped their price target on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Bank of America upped their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Evercore ISI upped their price target on shares of Hilton Worldwide from $270.00 to $280.00 and gave the stock an "in-line" rating in a research report on Tuesday. Barclays dropped their price target on shares of Hilton Worldwide from $291.00 to $288.00 and set an "overweight" rating for the company in a research report on Friday, October 3rd. Finally, Sanford C. Bernstein upped their price target on shares of Hilton Worldwide from $261.00 to $288.00 and gave the stock a "market perform" rating in a research report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $267.69.

Hilton Worldwide Stock Performance

HLT stock opened at $260.29 on Friday. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.80. The company's fifty day moving average price is $268.09 and its 200-day moving average price is $254.45. The company has a market capitalization of $61.22 billion, a PE ratio of 39.98, a price-to-earnings-growth ratio of 2.54 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released 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 net margin of 13.84% and a negative return on equity of 46.13%. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the previous year, the firm earned $1.91 earnings per share. The company's quarterly revenue was up 6.3% compared to the same quarter last year. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. On average, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's dividend payout ratio is presently 9.22%.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the company's stock in a transaction 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 sale, the insider owned 79,451 shares of the company's stock, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.60% of the stock is currently owned by insiders.

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.

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