Price T Rowe Associates Inc. MD Sells 733,981 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Price T Rowe Associates Inc. sold 733,981 shares of Hilton Worldwide Holdings Inc., reducing its stake by 18.8% to a total of 3,175,337 shares valued at approximately $722.55 million as of the end of the first quarter.
• Hilton Worldwide's earnings report for the most recent quarter showed earnings per share of $2.20, exceeding estimates and showing a revenue increase of 6.3% year-over-year, totaling $3.14 billion.
• The company recently announced a quarterly dividend of $0.15 per share, reflecting a modest annual yield of 0.2%, with a low dividend payout ratio of 9.22%.

Price T Rowe Associates Inc. MD trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 18.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,175,337 shares of the company's stock after selling 733,981 shares during the quarter. Price T Rowe Associates Inc. MD owned 1.34% of Hilton Worldwide worth $722,550,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of HLT. ORG Partners LLC boosted its stake in shares of Hilton Worldwide by 78.7% in the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC boosted 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 purchasing an additional 76 shares during the last quarter. Valley National Advisers Inc. boosted its stake in shares of 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 purchasing an additional 142 shares during the last quarter. Optiver Holding B.V. boosted its stake in shares of Hilton Worldwide by 127.1% in the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company's stock valued at $54,000 after purchasing an additional 122 shares during the last quarter. Finally, Wayfinding Financial LLC bought a new stake in shares of Hilton Worldwide in the 1st quarter valued at $54,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Up 3.0%

HLT opened at $277.3770 on Friday. The company's fifty day moving average price is $266.47 and its two-hundred day moving average price is $249.42. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.46. The company has a market cap of $65.24 billion, a price-to-earnings ratio of 42.61, a PEG ratio of 2.65 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released 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. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The firm had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the company posted $1.91 earnings per share. The business's 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. As a group, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the company's stock in a transaction on 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 transaction, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 2.60% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently commented on HLT. Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Truist Financial boosted their target price on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research report on Thursday, July 24th. 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 target price on the stock. Macquarie boosted their target price 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. Finally, Robert W. Baird boosted their target price on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and a consensus target price of $264.40.

Hilton Worldwide 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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