Hilton Worldwide Holdings Inc. (NYSE:HLT) is Pelham Capital Ltd.'s Largest Position

Pelham Capital Ltd. boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 6.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 125,975 shares of the company's stock after acquiring an additional 7,248 shares during the period. Hilton Worldwide comprises 15.1% of Pelham Capital Ltd.'s portfolio, making the stock its largest holding. Pelham Capital Ltd. owned approximately 0.05% of Hilton Worldwide worth $28,666,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of HLT. VSM Wealth Advisory LLC acquired a new position in Hilton Worldwide in the 4th quarter valued at about $28,000. ORG Partners LLC raised its position in shares of Hilton Worldwide by 78.7% in the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after buying an additional 74 shares during the last quarter. Beacon Capital Management LLC boosted its position in Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after acquiring an additional 76 shares during the last quarter. Hopwood Financial Services Inc. purchased a new stake in Hilton Worldwide in the 4th quarter worth approximately $41,000. Finally, Valley National Advisers Inc. raised its holdings in Hilton Worldwide by 244.8% in the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after acquiring an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Morgan Stanley decreased their price objective on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Evercore ISI decreased their price target on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a research note on Wednesday, April 23rd. Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. The Goldman Sachs Group reissued a "neutral" rating and issued a $235.00 target price (down from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Finally, Truist Financial dropped their price target on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. Ten research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $249.06.

Hilton Worldwide Trading Down 0.1%

NYSE:HLT traded down $0.18 during mid-day trading on Friday, hitting $277.30. The company had a trading volume of 632,909 shares, compared to its average volume of 2,062,812. The business has a fifty day simple moving average of $253.68 and a 200-day simple moving average of $244.93. The firm has a market capitalization of $65.91 billion, a price-to-earnings ratio of 43.74, a PEG ratio of 3.08 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $277.86.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a negative return on equity of 49.50% and a net margin of 13.90%. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the prior year, the business earned $1.53 earnings per share. The company's revenue was up 4.7% compared to the same quarter last year. As a group, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, May 26th were given a $0.15 dividend. This represents a dividend yield of 0.23%. The ex-dividend date of this dividend was Friday, May 23rd. Hilton Worldwide's payout ratio is 9.46%.

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.