Hilton Worldwide Holdings Inc. $HLT Shares Bought by GFI Investment Counsel Ltd.

Key Points

• GFI Investment Counsel Ltd. increased its stake in Hilton Worldwide Holdings Inc. by 1.2%, owning a total of 273,493 shares worth approximately $62.23 million after acquiring an additional 3,214 shares in the first quarter of 2024.
• Hilton Worldwide reported $2.20 EPS for its latest quarter, exceeding analysts' expectations of $2.04, alongside a revenue of $3.14 billion that surpassed estimates.
• The company announced a quarterly dividend of $0.15 per share payable on September 30, representing an annualized yield of 0.2%.

GFI Investment Counsel Ltd. raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 273,493 shares of the company's stock after purchasing an additional 3,214 shares during the period. Hilton Worldwide comprises about 7.2% of GFI Investment Counsel Ltd.'s portfolio, making the stock its 9th largest holding. GFI Investment Counsel Ltd. owned approximately 0.12% of Hilton Worldwide worth $62,233,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC increased its stake in Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC increased its stake in Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the last quarter. Valley National Advisers Inc. increased its stake in Hilton Worldwide by 244.8% during the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares during the last quarter. Optiver Holding B.V. increased its stake in Hilton Worldwide by 127.1% during the fourth quarter. Optiver Holding B.V. now owns 218 shares of the company's stock valued at $54,000 after purchasing an additional 122 shares during the last quarter. Finally, Wayfinding Financial LLC bought a new stake in Hilton Worldwide during the first quarter valued at $54,000. Institutional investors own 95.90% of the company's stock.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated 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 owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 2.60% of the stock is owned by corporate insiders.

Hilton Worldwide Trading Up 3.0%

HLT traded up $8.1870 on Friday, reaching $277.3770. The company had a trading volume of 1,578,622 shares, compared to its average volume of 1,564,406. The company has a fifty day moving average of $266.47 and a 200-day moving average of $249.36. The company has a market capitalization of $65.24 billion, a P/E ratio of 42.61, a PEG ratio of 2.73 and a beta of 1.26. 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 announced its 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 firm had revenue of $3.14 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Robert W. Baird upped their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research report on Thursday, July 24th. Barclays lowered their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. JPMorgan Chase & Co. assumed coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target for the company. 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. Finally, Truist Financial upped their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $264.40.

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.