Pelham Capital Ltd. Sells 17,073 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Pelham Capital Ltd. reduced its stake in Hilton Worldwide by 13.6%, selling 17,073 shares and now holds 108,902 shares, making Hilton its largest position, valued at approximately $29 million.
• Hilton Worldwide's quarterly earnings per share surpassed expectations at $2.20, beating the estimate of $2.04, and reported revenue of $3.14 billion, up 6.3% from the previous year.
• The company has announced a quarterly dividend of $0.15 per share, resulting in an annualized yield of 0.2% and a payout ratio of 9.22%.

Pelham Capital Ltd. trimmed its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 13.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 108,902 shares of the company's stock after selling 17,073 shares during the period. Hilton Worldwide accounts for about 13.5% of Pelham Capital Ltd.'s investment portfolio, making the stock its largest position. Pelham Capital Ltd.'s holdings in Hilton Worldwide were worth $29,005,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. BSW Wealth Partners acquired a new stake in Hilton Worldwide during the 2nd quarter valued at $212,000. Client 1ST Advisory Group LLC acquired a new stake in Hilton Worldwide during the second quarter worth approximately $203,000. Ninety One UK Ltd acquired a new stake in Hilton Worldwide during the second quarter worth approximately $28,194,000. Impact Capital Partners LLC acquired a new stake in Hilton Worldwide during the second quarter worth approximately $256,000. Finally, PFG Investments LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth $201,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Price Performance

HLT opened at $256.79 on Thursday. The stock has a market capitalization of $60.39 billion, a PE ratio of 39.45, a P/E/G ratio of 2.56 and a beta of 1.19. The firm's fifty day moving average price is $269.38 and its 200 day moving average price is $251.97. 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 posted its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.16. The business had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The business's revenue was up 6.3% compared to the same quarter last year. During the same period in the prior 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 research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Wall Street Analysts Forecast Growth

HLT has been the topic of a number of research analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target on the stock. Robert W. Baird lifted their target price on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a report on Thursday, July 24th. Barclays reduced their target price on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Bank of America lifted their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, July 21st. Finally, Macquarie lifted their price target on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $265.88.

Insiders Place Their Bets

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $269.40, for a total transaction of $3,207,207.00. Following the sale, the insider directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is currently owned by company insiders.

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.

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