Interval Partners LP Sells 6,862 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Interval Partners LP reduced its stake in Hilton Worldwide by 12.9% during the first quarter, bringing its total holdings to 46,257 shares valued at approximately $10.53 million.
• Several institutional investors have recently increased their positions in Hilton Worldwide, with Amundi leading the charge with a significant 19.3% increase, now holding 1,138,372 shares valued at around $247.47 million.
• Hilton Worldwide declared a quarterly dividend of $0.15 per share, scheduled for payment on September 30th, representing an annualized yield of 0.2% and a low payout ratio of 9.22%.

Interval Partners LP lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 12.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,257 shares of the company's stock after selling 6,862 shares during the period. Interval Partners LP's holdings in Hilton Worldwide were worth $10,526,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HLT. Sowell Financial Services LLC bought a new position in shares of Hilton Worldwide in the first quarter valued at approximately $314,000. Artemis Investment Management LLP boosted its holdings in shares of Hilton Worldwide by 3.9% during the first quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock worth $37,155,000 after purchasing an additional 6,146 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in 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 worth $1,100,530,000 after buying an additional 364,307 shares during the period. Malaga Cove Capital LLC bought a new stake in shares of Hilton Worldwide during the first quarter valued at approximately $316,000. Finally, Flagship Harbor Advisors LLC bought a new stake in Hilton Worldwide in the 1st quarter worth approximately $217,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction 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 sale, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Hilton Worldwide Trading Down 1.0%

NYSE:HLT traded down $2.82 on Tuesday, hitting $274.98. 863,152 shares of the company's stock traded hands, compared to its average volume of 1,976,108. The company has a market cap of $64.67 billion, a PE ratio of 42.24, a price-to-earnings-growth ratio of 2.68 and a beta of 1.21. The firm has a 50-day moving average price of $271.32 and a 200-day moving average price of $249.82. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.80.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the previous year, the business posted $1.91 EPS. The firm's quarterly revenue 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, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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 given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's dividend payout ratio is 9.22%.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of research reports. Bank of America boosted their target price 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. Raymond James Financial increased their target price on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. Jefferies Financial Group upgraded shares of Hilton Worldwide from a "hold" rating to a "buy" rating and raised their price target for the company from $228.00 to $296.00 in a research report on Monday, May 12th. Finally, Truist Financial raised their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $264.40.

Hilton Worldwide 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.