Teza Capital Management LLC Sells 14,141 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Teza Capital Management LLC significantly reduced its holdings in Hilton Worldwide by 86% in the first quarter, dropping to just 2,293 shares after selling over 14,000 shares.
• Several other hedge funds have increased their stakes in Hilton Worldwide, with ORG Partners LLC growing its holdings by 78.7% and Valley National Advisers Inc. increasing theirs by 244.8%.
• The stock has a consensus rating of "Moderate Buy" from analysts, with an average target price of $264.40, following recent earnings that beat expectations and revenue growth of 6.3% year-over-year.

Teza Capital Management LLC cut its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 86.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,293 shares of the company's stock after selling 14,141 shares during the quarter. Teza Capital Management LLC's holdings in Hilton Worldwide were worth $522,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of HLT. Nuveen LLC purchased a new stake in Hilton Worldwide during the first quarter valued at about $353,985,000. GAMMA Investing LLC lifted its stake in Hilton Worldwide by 23,543.6% during the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock valued at $2,397,370,000 after buying an additional 1,049,101 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Hilton Worldwide by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock valued at $487,135,000 after purchasing an additional 494,224 shares during the period. SurgoCap Partners LP acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at about $109,492,000. Finally, Jennison Associates LLC increased its holdings in shares of Hilton Worldwide by 11.3% in the 1st quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock valued at $861,132,000 after purchasing an additional 385,096 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the 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 completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Stock Down 1.1%

HLT stock traded down $3.12 during midday trading on Friday, hitting $275.10. 703,553 shares of the company traded hands, compared to its average volume of 1,347,755. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The business has a 50 day simple moving average of $271.63 and a 200-day simple moving average of $250.34. The stock has a market capitalization of $64.70 billion, a price-to-earnings ratio of 42.26, a price-to-earnings-growth ratio of 2.74 and a beta of 1.21.

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 company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter last year, the company posted $1.91 earnings per share. The company'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. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is 9.22%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on HLT. Robert W. Baird upped their target price on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. Bank of America upped their target price on Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a report on Monday, July 21st. Raymond James Financial upped 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 target price on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. initiated coverage on Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $264.40.

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.