Pictet North America Advisors SA Takes $9.19 Million Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Pictet North America Advisors SA has acquired a new stake in Hilton Worldwide Holdings Inc., purchasing 34,490 shares valued at approximately $9.19 million.
• Insider Christopher W. Silcock sold 11,905 shares at an average price of $269.40, representing a 13.03% decrease in his position.
• Analysts have varied price targets for Hilton, with Raymond James Financial boosting its price target from $275 to $300, while the stock currently has a consensus "Moderate Buy" rating.

Pictet North America Advisors SA bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 34,490 shares of the company's stock, valued at approximately $9,186,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC raised its holdings 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 raised its stake in shares of Hilton Worldwide by 76.0% in the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after acquiring an additional 76 shares during the period. Valley National Advisers Inc. grew its holdings in Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares in the last quarter. Wayfinding Financial LLC acquired a new position in Hilton Worldwide during the 1st quarter worth $54,000. Finally, Pinnacle Bancorp Inc. boosted its holdings in shares of Hilton Worldwide by 35.0% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 216 shares of the company's stock valued at $58,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the firm's 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 completion of the sale, the insider directly owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. This trade represents a 13.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.60% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on HLT shares. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target on the stock. Raymond James Financial boosted their target price on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Barclays decreased their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. Bank of America increased their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a report on Monday, July 21st. Finally, Truist Financial increased their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. One 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's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $265.88.

Hilton Worldwide Trading Down 0.8%

Shares of HLT opened at $266.58 on Tuesday. The stock has a 50-day moving average price of $270.89 and a 200-day moving average price of $250.74. The company has a market cap of $62.70 billion, a PE ratio of 40.95, a price-to-earnings-growth ratio of 2.65 and a beta of 1.21. 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 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 firm had revenue of $3.14 billion for the quarter, compared to analysts' expectations 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 previous year, the firm earned $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, analysts predict 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 quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a $0.15 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide's payout ratio is 9.22%.

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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