Hilton Worldwide Holdings Inc. $HLT Shares Sold by TD Asset Management Inc

Key Points

• TD Asset Management Inc sold 419,411 shares of Hilton Worldwide, reducing its ownership by 24.1% and now holds 1,319,041 shares, valued at $351.3 million.
• Hilton Worldwide reported earnings of $2.20 EPS for the last quarter, surpassing analysts' expectations of $2.04, and achieved revenue of $3.14 billion, a 6.3% increase year-over-year.
• The company also announced a quarterly dividend of $0.15 per share, with an annualized yield of 0.2% and a payout ratio of 9.22%.

TD Asset Management Inc decreased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 24.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,319,041 shares of the company's stock after selling 419,411 shares during the period. TD Asset Management Inc owned 0.56% of Hilton Worldwide worth $351,313,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC increased its holdings in shares of Hilton Worldwide by 78.7% in the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the period. Beacon Capital Management LLC increased its holdings in shares of Hilton Worldwide by 76.0% in the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the period. LRI Investments LLC increased its holdings in shares of Hilton Worldwide by 84.1% in the second quarter. LRI Investments LLC now owns 151 shares of the company's stock valued at $40,000 after purchasing an additional 69 shares during the period. Valley National Advisers Inc. increased its holdings in shares of Hilton Worldwide by 244.8% in the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares during the period. Finally, Wayfinding Financial LLC acquired a new position in shares of Hilton Worldwide in the first quarter valued at approximately $54,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

HLT opened at $263.62 on Tuesday. The business's fifty day moving average is $267.97 and its two-hundred day moving average is $253.84. The company has a market cap of $62.00 billion, a price-to-earnings ratio of 40.49, a PEG ratio of 2.56 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.80.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. The company 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%.Hilton Worldwide's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the business's stock in a transaction on Thursday, August 21st. The stock was 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 in the company, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.60% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on HLT shares. Raymond James Financial boosted their target price 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 upped their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a report on Thursday, July 24th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Hilton Worldwide in a report on Wednesday, October 8th. Sanford C. Bernstein upped their price objective on Hilton Worldwide from $261.00 to $288.00 and gave the stock a "market perform" rating in a report on Tuesday, September 16th. Finally, Macquarie upped their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $265.69.

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.

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