Focus Partners Wealth Sells 5,184 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Focus Partners Wealth reduced its stake in Hilton Worldwide Holdings Inc. by 15.2%, selling 5,184 shares, resulting in total holdings of 28,848 shares valued at approximately $6,565,000.
• Hilton Worldwide reported quarterly earnings of $2.20 per share, beating the consensus estimate and showing a 6.3% increase in revenue compared to the previous year.
• The company announced a quarterly dividend of $0.15 per share, with a dividend payout ratio of 9.22%, scheduled for payment on September 30th.

Focus Partners Wealth trimmed its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 15.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 28,848 shares of the company's stock after selling 5,184 shares during the period. Focus Partners Wealth's holdings in Hilton Worldwide were worth $6,565,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of HLT. Summit Financial LLC raised its position in shares of Hilton Worldwide by 4.3% during the 1st quarter. Summit Financial LLC now owns 968 shares of the company's stock valued at $220,000 after buying an additional 40 shares in the last quarter. Apollon Wealth Management LLC raised its position 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 valued at $351,000 after buying an additional 44 shares in the last quarter. First Bank & Trust raised its position 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 valued at $2,375,000 after buying an additional 48 shares in the last quarter. Catalyst Financial Partners LLC raised its position in shares of Hilton Worldwide by 5.8% during the 1st quarter. Catalyst Financial Partners LLC now owns 961 shares of the company's stock valued at $219,000 after buying an additional 53 shares in the last quarter. Finally, Fayez Sarofim & Co raised its position in shares of Hilton Worldwide by 4.2% during the 1st quarter. Fayez Sarofim & Co now owns 1,392 shares of the company's stock valued at $317,000 after buying an additional 56 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Price Performance

NYSE HLT traded down $0.09 during trading hours on Thursday, reaching $266.32. 1,683,361 shares of the company's stock traded hands, compared to its average volume of 1,329,283. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.80. The firm has a market cap of $62.64 billion, a PE ratio of 40.91, a PEG ratio of 2.62 and a beta of 1.21. The firm has a 50-day simple moving average of $271.32 and a 200 day simple moving average of $250.61.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. The company had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. Hilton Worldwide's revenue was up 6.3% on a year-over-year basis. During the same period last year, the company posted $1.91 EPS. 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 forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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 issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide's payout ratio is 9.22%.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the business'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 transaction of $3,207,207.00. Following the completion of the transaction, the insider directly owned 79,451 shares of the company's stock, valued at $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 is available at the SEC website. 2.60% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HLT has been the topic of a number of recent analyst reports. Truist Financial raised their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a report on Thursday, July 24th. Bank of America raised their price target 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. Macquarie raised their price target on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Raymond James Financial raised their price target on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Finally, Sanford C. Bernstein raised their price target on shares of Hilton Worldwide from $261.00 to $288.00 and gave the stock a "market perform" rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Hilton Worldwide has a consensus rating of "Moderate Buy" and an average price target of $265.88.

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.