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HB Wealth Management LLC Boosts Holdings in Hilton Worldwide Holdings Inc. $HLT

Hilton Worldwide logo with Consumer Discretionary background

Key Points

  • HB Wealth Management LLC increased its holdings in Hilton Worldwide by 17.6% during Q2, owning a total of 10,032 shares valued at $2.67 million.
  • Insider Christopher W. Silcock sold 11,905 shares at an average price of $269.40, a 13.03% decrease in his position, now owning shares valued at over $21 million.
  • Wall Street analysts have raised target prices for Hilton Worldwide, with recommendations ranging from "hold" to "buy," and a consensus price target of $265.88.
  • MarketBeat previews top five stocks to own in November.

HB Wealth Management LLC increased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 17.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,032 shares of the company's stock after purchasing an additional 1,499 shares during the period. HB Wealth Management LLC's holdings in Hilton Worldwide were worth $2,672,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in HLT. Summit Financial LLC boosted its holdings in 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 acquiring an additional 40 shares during the period. Sage Rhino Capital LLC boosted its holdings in Hilton Worldwide by 4.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 963 shares of the company's stock valued at $256,000 after acquiring an additional 41 shares during the period. KWB Wealth boosted its holdings in Hilton Worldwide by 2.0% during the 2nd quarter. KWB Wealth now owns 2,135 shares of the company's stock valued at $569,000 after acquiring an additional 42 shares during the period. Apollon Wealth Management LLC boosted its holdings in 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 acquiring an additional 44 shares during the period. Finally, First Bank & Trust boosted its holdings in 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 acquiring an additional 48 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the transaction, the insider directly owned 79,451 shares of the company's stock, 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 link. 2.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Truist Financial boosted their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. started coverage on Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 target price for the company. Bank of America upped their target price on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Raymond James Financial upped their target price on 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 upped their target price on Hilton Worldwide from $261.00 to $288.00 and gave the stock a "market perform" rating in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $265.88.

View Our Latest Stock Analysis on HLT

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $256.79 on Thursday. The stock has a market capitalization of $60.39 billion, a P/E ratio of 39.45, a price-to-earnings-growth ratio of 2.56 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.80. The business has a fifty day moving average price of $269.38 and a 200 day moving average price of $251.97.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. The firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The firm's quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, equities research 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 disclosed 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, August 29th. Hilton Worldwide's dividend payout ratio is 9.22%.

Hilton Worldwide Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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