Pallas Capital Advisors LLC Purchases 1,018 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Pallas Capital Advisors LLC increased its stake in Hilton Worldwide by 31.5% during the second quarter, now holding 4,254 shares valued at approximately $1.13 million.
• A recent analysis indicated a consensus rating of "Moderate Buy" for Hilton Worldwide, with target prices varying from $245 to $291 among different research firms.
• Hilton Worldwide recently declared a quarterly dividend of $0.15, which will be paid on September 30th, representing a 0.2% annual yield.

Pallas Capital Advisors LLC grew its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 31.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,254 shares of the company's stock after purchasing an additional 1,018 shares during the period. Pallas Capital Advisors LLC's holdings in Hilton Worldwide were worth $1,133,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of HLT. State of Wyoming lifted its holdings in shares of Hilton Worldwide by 147.8% in the fourth quarter. State of Wyoming now owns 1,430 shares of the company's stock valued at $353,000 after purchasing an additional 853 shares in the last quarter. Two Sigma Investments LP lifted its holdings in shares of Hilton Worldwide by 48.8% in the fourth quarter. Two Sigma Investments LP now owns 111,707 shares of the company's stock valued at $27,610,000 after purchasing an additional 36,650 shares in the last quarter. Woodline Partners LP purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth $3,618,000. Waverly Advisors LLC purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth $314,000. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Hilton Worldwide by 13.1% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 47,188 shares of the company's stock worth $11,663,000 after acquiring an additional 5,464 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated 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 directly owned 79,451 shares in the company, valued at $21,404,099.40. This represents a 13.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Hilton Worldwide Price Performance

Shares of HLT traded up $2.33 on Friday, hitting $268.63. The company's stock had a trading volume of 3,686,522 shares, compared to its average volume of 1,350,463. The company has a market capitalization of $63.18 billion, a PE ratio of 41.26, a PEG ratio of 2.65 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.80. The company has a 50 day moving average price of $271.14 and a 200 day moving average price of $250.61.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $3.14 billion during 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%. Hilton Worldwide's revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous 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. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio is currently 9.22%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Macquarie increased their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Robert W. Baird increased their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a report on Thursday, July 24th. Raymond James Financial increased their price objective on Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Bank of America raised their target price on Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a report on Monday, July 21st. 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 analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $265.88.

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.