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

Key Points

• Infusive Asset Management Inc. has reduced its stake in Hilton Worldwide Holdings Inc. by 42.4%, now owning 13,302 shares valued at approximately $3.03 million.
• Hilton Worldwide reported $2.20 earnings per share for the last quarter, surpassing analysts' estimates of $2.04 and showing a 6.3% year-over-year revenue increase.
• The company has announced a quarterly dividend of $0.15, reflecting a 0.2% dividend yield and a payout ratio of 9.22%.

Infusive Asset Management Inc. lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 42.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,302 shares of the company's stock after selling 9,782 shares during the quarter. Hilton Worldwide makes up approximately 1.4% of Infusive Asset Management Inc.'s investment portfolio, making the stock its 27th largest position. Infusive Asset Management Inc.'s holdings in Hilton Worldwide were worth $3,027,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HLT. Nuveen LLC bought a new stake in shares of Hilton Worldwide during the 1st quarter worth $353,985,000. GAMMA Investing LLC grew its holdings in Hilton Worldwide by 23,543.6% during the 1st 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. grew its holdings in Hilton Worldwide by 30.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock valued at $487,135,000 after buying an additional 494,224 shares in the last quarter. SurgoCap Partners LP purchased a new position in shares of Hilton Worldwide during the fourth quarter worth about $109,492,000. Finally, Jennison Associates LLC boosted its stake in Hilton Worldwide by 11.3% in the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock worth $861,132,000 after buying an additional 385,096 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Truist Financial boosted their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research report on Thursday, July 24th. Bank of America boosted their price objective on Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Macquarie upped their target price on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. 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. Finally, Barclays decreased their target price on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $264.40.

Insider Buying and Selling at Hilton Worldwide

In other 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 transaction, the insider owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded down $5.86 during trading on Friday, hitting $272.20. 1,578,820 shares of the company's stock traded hands, compared to its average volume of 1,410,828. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.81. The stock has a market capitalization of $64.02 billion, a P/E ratio of 41.81, a PEG ratio of 2.68 and a beta of 1.21. The business has a 50-day simple moving average of $271.09 and a 200-day simple moving average of $249.69.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping 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 firm 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 earned $1.91 earnings per share. The business'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. On average, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business 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 of this dividend is Friday, August 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide's payout ratio is currently 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.