Ilmarinen Mutual Pension Insurance Co Reduces Stake in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Ilmarinen Mutual Pension Insurance Co reduced its stake in Hilton Worldwide Holdings Inc. by 14.4%, selling 6,500 shares, bringing its total holdings to 38,500 shares valued at approximately $8.76 million.
• During the same period, institutional investors significantly increased their stakes in Hilton, with GAMMA Investing LLC growing its stake by 23,543.6%, now owning over $2.39 billion worth of shares.
• Hilton Worldwide recently announced a quarterly dividend of $0.15 per share, representing a modest annual yield of 0.2% and a low dividend payout ratio of 9.22%.

Ilmarinen Mutual Pension Insurance Co decreased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 14.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,500 shares of the company's stock after selling 6,500 shares during the quarter. Ilmarinen Mutual Pension Insurance Co's holdings in Hilton Worldwide were worth $8,761,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of HLT. Nuveen LLC bought a new position in Hilton Worldwide in the first quarter worth approximately $353,985,000. GAMMA Investing LLC grew its stake in Hilton Worldwide by 23,543.6% in the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock worth $2,397,370,000 after purchasing an additional 1,049,101 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Hilton Worldwide by 30.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock worth $487,135,000 after purchasing an additional 494,224 shares in the last quarter. SurgoCap Partners LP bought a new position in Hilton Worldwide in the fourth quarter worth approximately $109,492,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Hilton Worldwide by 30.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,720,594 shares of the company's stock worth $391,521,000 after purchasing an additional 398,827 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the firm's stock in a transaction dated 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 $21,404,099.40. This trade represents a 13.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.60% of the stock is owned by company insiders.

Hilton Worldwide Stock Performance

Shares of HLT opened at $274.98 on Wednesday. The business's 50-day moving average is $271.43 and its two-hundred day moving average is $249.99. The company has a market capitalization of $64.67 billion, a P/E ratio of 42.24, a P/E/G ratio of 2.74 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week 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 earnings per share for the quarter, topping the consensus estimate 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%.The firm's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last 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. Analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given 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 dividend payout ratio (DPR) is 9.22%.

Analyst Ratings Changes

A number of research firms have weighed in on HLT. JPMorgan Chase & Co. began coverage on Hilton Worldwide in a report on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price for the company. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Bank of America boosted their target price on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Macquarie increased their price target on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Finally, Truist Financial increased their price target on Hilton Worldwide from $223.00 to $246.00 and gave the company 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 given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target 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.

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