Shellback Capital LP Sells 25,000 Shares of Hilton Worldwide Holdings Inc. $HLT

Key Points

• Shellback Capital LP reduced its stake in Hilton Worldwide Holdings Inc. by 26.3%, selling 25,000 shares to hold 70,000 shares, which are now valued at approximately $15.93 million.
• Analysts have generally given Hilton Worldwide a Moderate Buy rating, with target prices ranging significantly, including an increase from $275 to $300 by Raymond James Financial.
• Hilton Worldwide plans to pay a quarterly dividend of $0.15 on September 30th, resulting in an annualized yield of 0.2%.

Shellback Capital LP trimmed its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 26.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 70,000 shares of the company's stock after selling 25,000 shares during the period. Hilton Worldwide comprises about 1.5% of Shellback Capital LP's portfolio, making the stock its 26th largest position. Shellback Capital LP's holdings in Hilton Worldwide were worth $15,928,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC boosted its position in shares of Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after buying an additional 74 shares during the period. Beacon Capital Management LLC lifted its stake in 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 in the last quarter. Valley National Advisers Inc. grew its stake in shares of Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after acquiring an additional 142 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Hilton Worldwide in the first quarter valued at approximately $54,000. Finally, Colonial Trust Co SC raised its holdings in shares of Hilton Worldwide by 13,150.0% in the fourth quarter. Colonial Trust Co SC now owns 265 shares of the company's stock valued at $65,000 after purchasing an additional 263 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

HLT has been the topic of several recent research reports. 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 note on Wednesday, July 23rd. Raymond James Financial upped their target price on Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and increased their price target for the company from $228.00 to $296.00 in a research report on Monday, May 12th. Robert W. Baird raised their price target on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. initiated coverage on Hilton Worldwide in a research note on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $264.40.

Insider Transactions at Hilton Worldwide

In related 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 owned 79,451 shares of the company's stock, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.60% of the stock is owned by corporate insiders.

Hilton Worldwide Stock Down 1.0%

Shares of Hilton Worldwide stock traded down $2.82 on Tuesday, hitting $274.98. The stock had a trading volume of 863,152 shares, compared to its average volume of 1,411,902. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.80. The business's 50 day moving average is $271.43 and its two-hundred day moving average is $249.99. The stock has a market cap of $64.67 billion, a price-to-earnings ratio of 42.24, a price-to-earnings-growth ratio of 2.74 and a beta of 1.21.

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

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's dividend payout ratio is currently 9.22%.

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.