Hilton Worldwide Holdings Inc. $HLT Shares Bought by Carolina Wealth Advisors LLC

Key Points

• Carolina Wealth Advisors LLC increased its stake in Hilton Worldwide by 31.7%, owning 4,969 shares worth approximately $1.32 million, making Hilton the firm's 28th largest holding.
• Analysts have revised their price targets for Hilton Worldwide, with Macquarie raising its target from $240 to $258 and Raymond James increasing it from $275 to $300, indicating a strong sentiment among research analysts.
• Hilton Worldwide reported a quarterly earnings per share of $2.20, exceeding expectations, and announced a quarterly dividend of $0.15 per share, reflecting a stable dividend payout strategy.

Carolina Wealth Advisors LLC grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 31.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,969 shares of the company's stock after purchasing an additional 1,196 shares during the period. Hilton Worldwide comprises approximately 0.7% of Carolina Wealth Advisors LLC's investment portfolio, making the stock its 28th largest holding. Carolina Wealth Advisors LLC's holdings in Hilton Worldwide were worth $1,323,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. QRG Capital Management Inc. boosted its holdings in Hilton Worldwide by 3.4% during the second quarter. QRG Capital Management Inc. now owns 55,872 shares of the company's stock worth $14,881,000 after buying an additional 1,820 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Hilton Worldwide by 11.3% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,512 shares of the company's stock worth $669,000 after acquiring an additional 255 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Hilton Worldwide by 5.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,132 shares of the company's stock valued at $10,156,000 after acquiring an additional 1,932 shares during the period. J. Safra Sarasin Holding AG increased its stake in shares of Hilton Worldwide by 7.1% in the 2nd quarter. J. Safra Sarasin Holding AG now owns 52,672 shares of the company's stock valued at $14,029,000 after purchasing an additional 3,489 shares in the last quarter. Finally, BSW Wealth Partners acquired a new position in Hilton Worldwide in the 2nd quarter worth about $212,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HLT has been the topic of several research analyst reports. Macquarie raised their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target on the stock. Robert W. Baird upped their price objective on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research report on Thursday, July 24th. Barclays decreased their price objective on shares of Hilton Worldwide from $291.00 to $288.00 and set an "overweight" rating on the stock in a report on Friday. Finally, Raymond James Financial upped their price target on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and ten 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 a consensus target price of $265.69.

Hilton Worldwide Trading Down 0.3%

Shares of NYSE HLT opened at $258.01 on Friday. The stock has a market cap of $60.68 billion, a PE ratio of 39.63, a P/E/G ratio of 2.55 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.80. The company has a 50-day moving average of $268.89 and a 200 day moving average of $252.49.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.16. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The business had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same period in the previous year, the firm posted $1.91 EPS. The business's revenue for the quarter was up 6.3% compared to the same quarter last year. 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 forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide's payout ratio is presently 9.22%.

Insider Activity

In related news, insider Christopher W. Silcock sold 11,905 shares of the firm's 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 sale, the insider directly owned 79,451 shares in the company, valued at approximately $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 accessible through this link. Corporate insiders own 2.60% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.