NorthRock Partners LLC Increases Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• NorthRock Partners LLC increased its holdings in Hilton Worldwide Holdings Inc. by 51.0%, owning 4,377 shares valued at approximately $1.166 million.
• Hilton Worldwide reported a quarterly EPS of $2.20, exceeding analysts' estimates of $2.04, with revenue of $3.14 billion for the quarter.
• The company announced a quarterly dividend of $0.15, representing an annualized yield of 0.2%, with a current dividend payout ratio of 9.22%.

NorthRock Partners LLC raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 51.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,377 shares of the company's stock after buying an additional 1,478 shares during the period. NorthRock Partners LLC's holdings in Hilton Worldwide were worth $1,166,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of HLT. Farther Finance Advisors LLC boosted its holdings in shares of Hilton Worldwide by 58.2% in the first quarter. Farther Finance Advisors LLC now owns 1,988 shares of the company's stock valued at $452,000 after purchasing an additional 731 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Hilton Worldwide by 3.9% in the first quarter. GAMMA Investing LLC now owns 4,630 shares of the company's stock valued at $1,054,000 after purchasing an additional 174 shares during the period. Exchange Traded Concepts LLC boosted its holdings in shares of Hilton Worldwide by 12.6% in the first quarter. Exchange Traded Concepts LLC now owns 789 shares of the company's stock valued at $180,000 after purchasing an additional 88 shares during the period. Brighton Jones LLC boosted its holdings in shares of Hilton Worldwide by 11.7% in the first quarter. Brighton Jones LLC now owns 1,322 shares of the company's stock valued at $301,000 after purchasing an additional 138 shares during the period. Finally, Sowell Financial Services LLC purchased a new stake in shares of Hilton Worldwide in the first quarter valued at approximately $314,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Up 1.6%

Shares of HLT stock opened at $263.62 on Tuesday. The business's fifty day simple moving average is $267.97 and its 200-day simple moving average is $253.84. The company has a market cap of $62.00 billion, a PE ratio of 40.49, a PEG ratio of 2.56 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $279.80.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the prior year, the firm posted $1.91 earnings per share. The business's quarterly revenue was up 6.3% on a year-over-year basis. 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 forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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

Insider Activity

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

Wall Street Analyst Weigh In

HLT has been the subject of a number of research reports. 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. JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a report on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price for the company. Weiss Ratings restated a "buy (b)" rating on shares of Hilton Worldwide in a report on Wednesday, October 8th. Macquarie upped their target price on Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, Raymond James Financial upped their target price on Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Hilton Worldwide has an average rating of "Moderate Buy" and an average price target of $265.69.

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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