Long Pond Capital LP Takes Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Long Pond Capital LP has acquired a new position in Hilton Worldwide Holdings Inc., purchasing 355,961 shares valued at approximately $80.99 million, making Hilton its fifth-largest investment.
• Hilton recently reported earnings of $2.20 per share, exceeding analyst estimates, with total revenue of $3.14 billion for the quarter, a 6.3% year-over-year increase.
• Analysts have upgraded Hilton's stock ratings, with Jefferies Financial Group raising its target price to $296 and giving it a "buy" rating, reflecting strong investor confidence.

Long Pond Capital LP bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 355,961 shares of the company's stock, valued at approximately $80,999,000. Hilton Worldwide makes up approximately 5.3% of Long Pond Capital LP's investment portfolio, making the stock its 5th largest position. Long Pond Capital LP owned about 0.15% of Hilton Worldwide as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of HLT. Fiduciary Trust Co lifted its holdings in Hilton Worldwide by 0.5% in the fourth quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock worth $1,810,000 after acquiring an additional 38 shares during the last quarter. Summit Financial LLC raised its position in shares of Hilton Worldwide by 4.3% during the 1st quarter. Summit Financial LLC now owns 968 shares of the company's stock worth $220,000 after buying an additional 40 shares in the last quarter. Apollon Wealth Management LLC lifted its position in Hilton Worldwide by 2.9% in the first quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock worth $351,000 after purchasing an additional 44 shares during the period. First Bank & Trust boosted its stake in Hilton Worldwide by 0.5% during the 1st quarter. First Bank & Trust now owns 10,439 shares of the company's stock valued at $2,375,000 after purchasing an additional 48 shares in the last quarter. Finally, CoreCap Advisors LLC increased its position in shares of Hilton Worldwide by 6.1% during the 4th quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock valued at $220,000 after purchasing an additional 51 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the transaction, the insider owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on HLT shares. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and raised their target price for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Truist Financial raised their price objective on shares of 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 target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, July 21st. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target on the stock. Finally, Robert W. Baird increased their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat.com, Hilton Worldwide has a consensus rating of "Moderate Buy" and a consensus target price of $264.40.

Hilton Worldwide Trading Up 3.0%

NYSE HLT opened at $277.3770 on Monday. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.46. The company has a fifty day simple moving average of $266.47 and a 200 day simple moving average of $249.22. The company has a market cap of $65.24 billion, a P/E ratio of 42.61, a P/E/G ratio of 2.73 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its 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 firm had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The company's revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the firm 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. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio is 9.22%.

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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