Canoe Financial LP Raises Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Canoe Financial LP increased its stake in Hilton Worldwide Holdings Inc. by 19.1%, owning a total of 57,073 shares worth approximately $15.2 million.
• Analysts have varying ratings for Hilton Worldwide, with an average rating of "Moderate Buy" and a consensus price target of $265.88.
• Hilton Worldwide reported $2.20 EPS for the latest quarter, exceeding estimates by $0.16 and showing a 6.3% increase in revenue compared to the previous year.

Canoe Financial LP boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 19.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,073 shares of the company's stock after buying an additional 9,138 shares during the quarter. Canoe Financial LP's holdings in Hilton Worldwide were worth $15,201,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Hilton Worldwide by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 25,115,086 shares of the company's stock worth $5,714,938,000 after purchasing an additional 104,802 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Hilton Worldwide by 8.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after acquiring an additional 364,307 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of Hilton Worldwide by 11.3% in the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock valued at $861,132,000 after acquiring an additional 385,096 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Hilton Worldwide by 30.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock valued at $487,135,000 after acquiring an additional 494,224 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Hilton Worldwide by 30.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,720,594 shares of the company's stock valued at $391,521,000 after acquiring an additional 398,827 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Stock Performance

Shares of HLT stock traded down $1.54 during mid-day trading on Tuesday, reaching $265.05. 253,654 shares of the company's stock traded hands, compared to its average volume of 1,948,409. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.80. The firm has a 50 day moving average price of $270.89 and a two-hundred day moving average price of $250.74. The firm has a market capitalization of $62.34 billion, a PE ratio of 40.70, a price-to-earnings-growth ratio of 2.65 and a beta of 1.21.

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 (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 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%. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous 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. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio is 9.22%.

Analysts Set New Price Targets

Several research firms have recently issued reports on HLT. Sanford C. Bernstein upped their target price on Hilton Worldwide from $261.00 to $288.00 and gave the company a "market perform" rating in a report on Tuesday, September 16th. Raymond James Financial increased their price objective on Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Truist Financial increased 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. Barclays reduced their price objective on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. Finally, 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 report on Monday, July 21st. One investment 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $265.88.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide 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 transaction of $3,207,207.00. Following the completion of the transaction, the insider 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 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 company 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.