Redwood Investment Management LLC Lowers Stock Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Redwood Investment Management LLC reduced its holdings of Hilton Worldwide Holdings Inc. by 17.2% in the first quarter, selling 1,233 shares and leaving them with 5,949 shares valued at $1,354,000.
• In contrast, several other institutional investors significantly increased their stakes in Hilton, with Valley National Advisers boosting their holdings by 244.8% during the same period.
• Hilton recently declared a quarterly dividend of $0.15 per share to be distributed on September 30th, representing a yield of 0.2% and a payout ratio of 9.22%.

Redwood Investment Management LLC lowered its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 17.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,949 shares of the company's stock after selling 1,233 shares during the quarter. Redwood Investment Management LLC's holdings in Hilton Worldwide were worth $1,354,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Fiduciary Trust Co raised its holdings in shares of Hilton Worldwide by 0.5% in the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock valued at $1,810,000 after purchasing an additional 38 shares in the last quarter. Summit Financial LLC raised its holdings in shares of Hilton Worldwide by 4.3% in the 1st quarter. Summit Financial LLC now owns 968 shares of the company's stock valued at $220,000 after purchasing an additional 40 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of Hilton Worldwide by 2.9% in the 1st quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock valued at $351,000 after purchasing an additional 44 shares in the last quarter. First Bank & Trust raised its stake in shares of Hilton Worldwide by 0.5% during the 1st quarter. First Bank & Trust now owns 10,439 shares of the company's stock worth $2,375,000 after acquiring an additional 48 shares in the last quarter. Finally, CoreCap Advisors LLC raised its stake in shares of Hilton Worldwide by 6.1% during the 4th quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock worth $220,000 after acquiring an additional 51 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction on 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 sale, the insider directly owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 2.60% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Barclays reduced their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research note on Thursday, July 24th. JPMorgan Chase & Co. assumed coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They set an "overweight" rating and a $282.00 price objective for the company. Bank of America boosted their price objective on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Truist Financial boosted their price objective 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. Finally, Robert W. Baird boosted their price objective 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. One investment 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 company's stock. According to MarketBeat, Hilton Worldwide presently has an average rating of "Moderate Buy" and an average price target of $264.40.

Hilton Worldwide Trading Down 0.2%

Shares of HLT stock traded down $0.42 during trading hours on Friday, hitting $275.88. The company's stock had a trading volume of 1,108,681 shares, compared to its average volume of 1,466,295. The company has a 50 day moving average of $269.27 and a 200 day moving average of $249.56. The stock has a market cap of $64.88 billion, a PE ratio of 42.38, a price-to-earnings-growth ratio of 2.72 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, beating the consensus estimate 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%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $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, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share 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. Investors of record on Friday, August 29th will be issued 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%.

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.