Ieq Capital LLC Lowers Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Ieq Capital LLC reduced its holdings in Hilton Worldwide Holdings Inc. by 26.3%, selling 6,925 shares during the first quarter, leaving the fund with 19,391 shares valued at approximately $4.4 million.
• Various hedge funds have increased their positions in Hilton Worldwide, with notable increases such as Valley National Advisers Inc., which raised its stake by 244.8%, owning 200 shares valued at around $45,000.
• Bank of America and Raymond James Financial both raised their target prices on Hilton Worldwide, with new target prices set at $285 and $300, respectively, indicating a positive outlook for the stock.

Ieq Capital LLC lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 26.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,391 shares of the company's stock after selling 6,925 shares during the period. Ieq Capital LLC's holdings in Hilton Worldwide were worth $4,412,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sowell Financial Services LLC purchased a new position in Hilton Worldwide in the 1st quarter worth approximately $314,000. Artemis Investment Management LLP lifted its holdings in shares of Hilton Worldwide by 3.9% in the 1st quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock worth $37,155,000 after acquiring an additional 6,146 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Hilton Worldwide by 8.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock worth $1,100,530,000 after acquiring an additional 364,307 shares during the last quarter. Malaga Cove Capital LLC bought a new stake in Hilton Worldwide during the 1st quarter valued at $316,000. Finally, Flagship Harbor Advisors LLC bought a new stake in Hilton Worldwide during the 1st quarter valued at $217,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Up 0.7%

Shares of Hilton Worldwide stock traded up $1.89 during trading hours on Thursday, reaching $276.89. 540,547 shares of the stock traded hands, compared to its average volume of 1,977,891. The company has a 50 day moving average price of $270.57 and a 200 day moving average price of $249.85. The firm has a market capitalization of $65.12 billion, a price-to-earnings ratio of 42.58, a P/E/G ratio of 2.72 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.73.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. The business had revenue of $3.14 billion during 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%.The business's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $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. Sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

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

Insider Activity

In related news, insider Christopher W. Silcock sold 11,905 shares of the business's stock in a transaction that occurred 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 completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 2.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HLT shares. Robert W. Baird upped their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price objective for the company from $228.00 to $296.00 in a research report on Monday, May 12th. Bank of America upped their target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Macquarie upped their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Finally, Raymond James Financial raised their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the company 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.