Public Employees Retirement System of Ohio Invests $33.48 Million in Hilton Worldwide Holdings Inc. $HLT

Public Employees Retirement System of Ohio bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 101,317 shares of the company's stock, valued at approximately $33,481,000.

Several other institutional investors have also made changes to their positions in the stock. Allstate Corp grew its position in shares of Hilton Worldwide by 100.2% in the 4th quarter. Allstate Corp now owns 16,678 shares of the company's stock valued at $4,791,000 after purchasing an additional 8,348 shares during the period. Cumberland Partners Ltd raised its holdings in Hilton Worldwide by 100.0% during the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company's stock worth $4,309,000 after buying an additional 7,500 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Hilton Worldwide by 4.7% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company's stock valued at $143,944,000 after buying an additional 22,249 shares in the last quarter. Amundi boosted its holdings in shares of Hilton Worldwide by 4.0% in the first quarter. Amundi now owns 1,338,426 shares of the company's stock valued at $406,989,000 after buying an additional 51,767 shares during the period. Finally, Applied Finance Capital Management LLC lifted its position in Hilton Worldwide by 96.7% in the 4th quarter. Applied Finance Capital Management LLC now owns 10,282 shares of the company's stock valued at $2,954,000 after acquiring an additional 5,055 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Morgan Stanley boosted their price objective on shares of Hilton Worldwide from $319.00 to $332.00 and gave the stock an "overweight" rating in a research report on Friday, July 17th. Deutsche Bank Aktiengesellschaft upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and set a $365.00 price target for the company in a research note on Wednesday, August 12th. Weiss Ratings raised Hilton Worldwide from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, August 21st. Susquehanna decreased their target price on Hilton Worldwide from $353.00 to $345.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 11th. Finally, UBS Group reaffirmed a "buy" rating and issued a $363.00 price objective on shares of Hilton Worldwide in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $353.82.

Hilton Worldwide Stock Down 1.1%

HLT stock opened at $322.20 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The firm has a market capitalization of $72.52 billion, a PE ratio of 47.31, a P/E/G ratio of 2.76 and a beta of 1.05. The stock's 50 day moving average is $327.95 and its 200-day moving average is $322.29.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.27 by $0.02. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The firm's quarterly revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.20 EPS. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, August 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide's dividend payout ratio (DPR) is presently 8.81%.

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton's brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

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