Mn Services Vermogensbeheer B.V. Decreases Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Mn Services Vermogensbeheer B.V. has reduced its stake in Hilton Worldwide Holdings Inc. by 4.4% during the second quarter, owning 89,581 shares worth $23,859,000 after selling 4,100 shares.
• Hilton Worldwide reported earnings of $2.20 per share, surpassing estimates, and had a revenue of $3.14 billion for the quarter, marking a 6.3% year-over-year increase.
• The company's recent dividend announcement declared a payment of $0.15 per share, resulting in a 0.2% dividend yield for investors.

Mn Services Vermogensbeheer B.V. lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,581 shares of the company's stock after selling 4,100 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Hilton Worldwide were worth $23,859,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Hilton Worldwide in the first quarter valued at about $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 valued at $2,397,370,000 after acquiring an additional 1,049,101 shares during the period. 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 valued at $487,135,000 after acquiring an additional 494,224 shares during the period. Strs Ohio acquired a new position in Hilton Worldwide in the first quarter valued at about $97,505,000. 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 valued at $391,521,000 after acquiring an additional 398,827 shares during the period. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Up 0.9%

Shares of NYSE HLT traded up $2.33 on Friday, reaching $268.63. 3,686,522 shares of the company's stock traded hands, compared to its average volume of 1,350,463. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.80. The business's 50 day simple moving average is $271.14 and its two-hundred day simple moving average is $250.61. The company has a market cap of $63.18 billion, a price-to-earnings ratio of 41.26, a price-to-earnings-growth ratio of 2.65 and a beta of 1.21.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued 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 business had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company's revenue was up 6.3% compared to the same quarter last year. During the same quarter last 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. 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 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. 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 payout ratio is 9.22%.

Insider Activity at Hilton Worldwide

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 shares were 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 owned 79,451 shares in the company, valued at $21,404,099.40. The trade was a 13.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on HLT. JPMorgan Chase & Co. began coverage on Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target on the stock. Truist Financial boosted their price target on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Sanford C. Bernstein boosted their price target on Hilton Worldwide from $261.00 to $288.00 and gave the company a "market perform" rating in a report on Tuesday, September 16th. Bank of America upped their target price on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Finally, Robert W. Baird upped their target price on Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating 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 ten have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $265.88.

Hilton Worldwide 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.