Harvest Portfolios Group Inc. Sells 4,404 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Harvest Portfolios Group Inc. has cut its stake in Hilton Worldwide Holdings Inc. by 12.1%, bringing its holdings to 31,940 shares valued at approximately $7.27 million.
• During the same period, several large investors significantly increased their stakes in Hilton, with Valley National Advisers Inc. raising its holdings by 244.8%.
• Hilton Worldwide reported Q2 earnings per share (EPS) of $2.20, exceeding estimates, and set its FY 2025 EPS guidance between 7.830-8.000.

Harvest Portfolios Group Inc. lowered its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 12.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,940 shares of the company's stock after selling 4,404 shares during the period. Harvest Portfolios Group Inc.'s holdings in Hilton Worldwide were worth $7,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HLT. Integrated Wealth Concepts LLC boosted its holdings in Hilton Worldwide by 39.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 1,862 shares of the company's stock worth $460,000 after buying an additional 523 shares during the last quarter. Coldstream Capital Management Inc. raised its position in shares of Hilton Worldwide by 2.5% during the fourth quarter. Coldstream Capital Management Inc. now owns 3,705 shares of the company's stock worth $916,000 after purchasing an additional 91 shares during the period. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Hilton Worldwide during the fourth quarter worth about $2,753,000. Boothbay Fund Management LLC acquired a new stake in shares of Hilton Worldwide during the fourth quarter worth about $201,000. Finally, Optiver Holding B.V. raised its position in shares of Hilton Worldwide by 127.1% during the fourth quarter. Optiver Holding B.V. now owns 218 shares of the company's stock worth $54,000 after purchasing an additional 122 shares during the period. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

Hilton Worldwide stock traded down $0.42 during midday trading on Friday, reaching $275.88. The stock had a trading volume of 1,108,681 shares, compared to its average volume of 1,466,295. The firm's fifty day simple moving average is $269.27 and its 200-day simple moving average is $249.72. The stock has a market capitalization of $64.88 billion, a P/E ratio of 42.38, a price-to-earnings-growth ratio of 2.72 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share 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 the consensus estimate of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The business's revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $1.91 earnings per share. 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, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be paid 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 (DPR) is currently 9.22%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Macquarie raised their price target on Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Barclays dropped their price target on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research report on Thursday, July 24th. Bank of America raised their price target on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target on the stock. 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. Based on data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and an average price target of $264.40.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was 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 $21,404,099.40. This trade 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 corporate insiders.

Hilton Worldwide Company 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.