Northern Trust Corp Sells 11,582 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Northern Trust Corp reduced its stake in Hilton Worldwide Holdings Inc. by 0.5%, owning 2,400,117 shares worth approximately $546 million after selling 11,582 shares in the first quarter.
• Hilton recently reported an earnings per share (EPS) of $2.20 for the last quarter, exceeding analysts' expectations, along with a 6.3% revenue increase compared to the previous year.
• The company's stock received mixed ratings from analysts, with one report upgrading it to "strong-buy," while the average price target is set at $264.40.

Northern Trust Corp cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 0.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,400,117 shares of the company's stock after selling 11,582 shares during the quarter. Northern Trust Corp owned 1.01% of Hilton Worldwide worth $546,147,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in HLT. Sowell Financial Services LLC purchased a new position in shares of Hilton Worldwide in the 1st quarter valued at $314,000. Artemis Investment Management LLP boosted its holdings in shares of Hilton Worldwide by 3.9% in the first quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after acquiring an additional 6,146 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Hilton Worldwide by 8.1% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after acquiring an additional 364,307 shares in the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Hilton Worldwide in the first quarter valued at about $316,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Hilton Worldwide in the first quarter valued at about $217,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

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 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 sale, the insider directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HLT shares. Barclays cut their target price on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research report on Thursday, July 24th. Robert W. Baird boosted their target price on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. started coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 target price for the company. Bank of America boosted their price objective on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Finally, Dbs Bank upgraded shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and an average target price of $264.40.

Hilton Worldwide Price Performance

Shares of HLT traded down $0.3550 during mid-day trading on Monday, hitting $277.1450. The company's stock had a trading volume of 349,226 shares, compared to its average volume of 2,002,516. The firm has a 50-day moving average price of $266.47 and a 200 day moving average price of $249.22. The stock has a market capitalization of $65.18 billion, a price-to-earnings ratio of 42.57, a PEG ratio of 2.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its 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 the consensus estimate of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $1.91 earnings per share. 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 analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be paid a $0.15 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's 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.