Credit Agricole S A Boosts Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Credit Agricole S A significantly increased its stake in Hilton Worldwide by 102.7%, owning 82,228 shares worth approximately $18.7 million following the acquisition of an additional 41,667 shares.
• Analysts have raised their price targets for Hilton Worldwide, with Bank of America setting a new target of $285 and Jefferies boosting it to $296, reflecting a positive outlook for the stock.
• Hilton Worldwide recently announced a $0.15 quarterly dividend with an annualized yield of 0.2%, to be paid out to stockholders in August.

Credit Agricole S A grew its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 102.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,228 shares of the company's stock after acquiring an additional 41,667 shares during the quarter. Credit Agricole S A's holdings in Hilton Worldwide were worth $18,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Partners LLC boosted its position in Hilton Worldwide by 78.7% in the first quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC grew its position in shares of Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after acquiring an additional 76 shares during the period. Valley National Advisers Inc. increased its stake in shares of Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after purchasing an additional 142 shares during the last quarter. Optiver Holding B.V. raised its holdings in shares of Hilton Worldwide by 127.1% in the 4th 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. Finally, Wayfinding Financial LLC purchased a new position in Hilton Worldwide in the first quarter valued at approximately $54,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide 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 transaction, the insider directly owned 79,451 shares of the company's stock, valued at $21,404,099.40. The trade was a 13.03% decrease in their position. The sale 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 corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on the company. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research note 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 on the stock in a research report on Thursday, July 24th. Truist Financial lifted their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $264.40.

Hilton Worldwide Stock Performance

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 business has a 50 day simple moving average of $266.47 and a 200 day simple moving average of $249.36. The company has a market cap of $65.24 billion, a price-to-earnings ratio of 42.61, a P/E/G ratio of 2.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released 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 business had revenue of $3.14 billion for 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 company's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the business 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, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders 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 dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's payout ratio is 9.22%.

About Hilton Worldwide

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.