Mirae Asset Global Investments Co. Ltd. Boosts Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Mirae Asset Global Investments raised its stake in Hilton Worldwide by 5.3% during Q2, owning 38,132 shares valued at $10.16 million.
• Hilton reported $2.20 earnings per share for the latest quarter, exceeding analysts' expectations and showing a 6.3% increase in revenue year-over-year.
• The company recently declared a quarterly dividend, with an annualized yield of 0.2%, reflecting a low dividend payout ratio of 9.22%.

Mirae Asset Global Investments Co. Ltd. raised its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 5.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,132 shares of the company's stock after purchasing an additional 1,932 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Hilton Worldwide were worth $10,156,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. ORG Partners LLC grew its position in Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after acquiring an additional 74 shares during the period. Beacon Capital Management LLC lifted its stake in shares of Hilton Worldwide by 76.0% in the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares in the last quarter. Valley National Advisers Inc. grew its holdings in shares of Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after purchasing an additional 142 shares during the period. Wayfinding Financial LLC acquired a new stake in Hilton Worldwide during the 1st quarter worth approximately $54,000. Finally, Pinnacle Bancorp Inc. raised its holdings in Hilton Worldwide by 35.0% in the second quarter. Pinnacle Bancorp Inc. now owns 216 shares of the company's stock valued at $58,000 after buying an additional 56 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Performance

Shares of HLT opened at $258.01 on Monday. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.80. The stock has a 50-day moving average price of $268.89 and a 200 day moving average price of $252.63. The company has a market capitalization of $60.68 billion, a P/E ratio of 39.63, a P/E/G ratio of 2.55 and a beta of 1.19.

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 for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The business had revenue of $3.14 billion during 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 quarterly revenue 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. As a group, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, August 29th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is 9.22%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on HLT. Truist Financial boosted their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research note on Thursday, July 24th. Barclays decreased their price target on shares of Hilton Worldwide from $291.00 to $288.00 and set an "overweight" rating for the company in a research report on Friday. Macquarie raised their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 target price for the company. Finally, Sanford C. Bernstein raised their target price on Hilton Worldwide from $261.00 to $288.00 and gave the company a "market perform" rating in a report on Tuesday, September 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $265.69.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the company'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 sale, 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 sale was disclosed in a filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by corporate insiders.

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.

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