HighTower Advisors LLC Reduces Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• HighTower Advisors LLC reduced its stake in Hilton Worldwide by 5.4%, holding approximately $36.68 million worth of shares after selling 9,248 shares during the first quarter.
• Several institutional investors have increased their stakes in Hilton Worldwide, with AIA Group Ltd boosting its investment by 14.6% and King Luther Capital Management increasing its holdings by 93.7% in the same period.
• Analysts are optimistic about Hilton's prospects, with price targets raised by multiple firms, including Raymond James, which set a new target of $300.00, reflecting a consensus average target price of $264.40.

HighTower Advisors LLC decreased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 5.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 161,214 shares of the company's stock after selling 9,248 shares during the period. HighTower Advisors LLC owned about 0.07% of Hilton Worldwide worth $36,684,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HLT. Nuveen LLC purchased a new stake in Hilton Worldwide in the 1st quarter valued at about $353,985,000. GAMMA Investing LLC increased its position in shares of Hilton Worldwide by 23,543.6% during the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock valued at $2,397,370,000 after acquiring an additional 1,049,101 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Hilton Worldwide by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock worth $487,135,000 after acquiring an additional 494,224 shares during the period. SurgoCap Partners LP purchased a new position in Hilton Worldwide in the fourth quarter worth $109,492,000. Finally, Jennison Associates LLC raised its stake in shares of Hilton Worldwide by 11.3% during the 1st quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock worth $861,132,000 after purchasing an additional 385,096 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Robert W. Baird upped their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Evercore ISI dropped their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday, April 23rd. Barclays dropped their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research note on Thursday, July 24th. Bank of America raised their price objective 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. Finally, Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their target price for the company from $228.00 to $296.00 in a report on Monday, May 12th. One 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 stock currently has an average rating of "Moderate Buy" and an average target price of $264.40.

Hilton Worldwide Trading Up 0.8%

Shares of HLT traded up $2.1310 during trading hours on Tuesday, reaching $271.2810. 412,450 shares of the company's stock traded hands, compared to its average volume of 2,017,261. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.46. The stock has a market cap of $63.80 billion, a PE ratio of 41.68, a price-to-earnings-growth ratio of 2.64 and a beta of 1.26. The firm's 50 day simple moving average is $264.74 and its 200-day simple moving average is $248.90.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its 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 business had revenue of $3.14 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $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. As a group, analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company 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 dividend of $0.15 per share. 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%.

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.