Secure Asset Management LLC Buys Shares of 2,020 Hilton Worldwide Holdings Inc. $HLT

Key Points

• Secure Asset Management LLC has acquired a new position in Hilton Worldwide Holdings Inc., purchasing 2,020 shares valued at approximately $538,000.
• Institutional investors and hedge funds collectively own 95.90% of Hilton Worldwide’s stock, indicating strong institutional interest in the company's performance.
• Hilton Worldwide announced a quarterly dividend of $0.15 per share, reflecting an annualized payout of $0.60 and a yield of 0.2% for shareholders.

Secure Asset Management LLC bought a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,020 shares of the company's stock, valued at approximately $538,000.

Several other institutional investors have also bought and sold shares of HLT. Summit Financial LLC increased its stake in shares of Hilton Worldwide by 4.3% during the first quarter. Summit Financial LLC now owns 968 shares of the company's stock valued at $220,000 after purchasing an additional 40 shares in the last quarter. Apollon Wealth Management LLC increased its position in shares of Hilton Worldwide by 2.9% during the first quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock valued at $351,000 after acquiring an additional 44 shares in the last quarter. First Bank & Trust boosted its holdings in Hilton Worldwide by 0.5% in the first quarter. First Bank & Trust now owns 10,439 shares of the company's stock worth $2,375,000 after purchasing an additional 48 shares during the last quarter. Catalyst Financial Partners LLC boosted its holdings in Hilton Worldwide by 5.8% in the first quarter. Catalyst Financial Partners LLC now owns 961 shares of the company's stock worth $219,000 after purchasing an additional 53 shares during the last quarter. Finally, Fayez Sarofim & Co boosted its holdings in Hilton Worldwide by 4.2% in the first quarter. Fayez Sarofim & Co now owns 1,392 shares of the company's stock worth $317,000 after purchasing an additional 56 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Up 0.9%

NYSE:HLT traded up $2.33 during mid-day trading on Friday, hitting $268.63. 3,686,522 shares of the stock traded hands, compared to its average volume of 1,350,463. The stock has a market capitalization of $63.18 billion, a price-to-earnings ratio of 41.26, a PEG ratio of 2.65 and a beta of 1.21. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.80. The firm's 50 day moving average is $271.14 and its two-hundred day moving average is $250.61.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. The business had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. As a group, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.15 per share. 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 dividend payout ratio (DPR) is currently 9.22%.

Insider Activity

In other news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction that occurred 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 directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. This trade represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.60% of the company's stock.

Analyst Upgrades and Downgrades

HLT has been the topic of several research reports. Barclays dropped their target price on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Raymond James Financial boosted their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Wednesday, July 30th. Robert W. Baird boosted their price objective 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. Sanford C. Bernstein boosted their price objective on shares of Hilton Worldwide from $261.00 to $288.00 and gave the company a "market perform" rating in a research report on Tuesday, September 16th. Finally, Bank of America boosted their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $265.88.

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.