Strs Ohio Purchases New Shares in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Strs Ohio has acquired a new stake in Hilton Worldwide Holdings Inc. by purchasing 428,500 shares for approximately $97.5 million, representing about 0.18% ownership of the company.
• Hilton Worldwide reported an EPS of $2.20 for the last quarter, exceeding analysts' expectations and showcasing a 6.3% year-over-year revenue increase to $3.14 billion.
• The company has announced a quarterly dividend of $0.15 per share, translating to an annual yield of 0.2%, with the ex-dividend date set for August 29th.

Strs Ohio purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 428,500 shares of the company's stock, valued at approximately $97,505,000. Strs Ohio owned approximately 0.18% of Hilton Worldwide at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Sowell Financial Services LLC acquired a new stake in shares of Hilton Worldwide in the 1st quarter valued at about $314,000. Artemis Investment Management LLP raised its stake in shares of Hilton Worldwide by 3.9% in the 1st quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after purchasing an additional 6,146 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Hilton Worldwide by 8.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after purchasing an additional 364,307 shares in the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Hilton Worldwide in the 1st quarter valued at about $316,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Hilton Worldwide in the 1st quarter valued at about $217,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Trading Down 0.7%

HLT stock opened at $273.18 on Thursday. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.80. The company has a market capitalization of $64.25 billion, a price-to-earnings ratio of 41.96, a price-to-earnings-growth ratio of 2.71 and a beta of 1.21. The firm's 50-day moving average is $271.49 and its two-hundred day moving average is $250.15.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly 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. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same period in the previous year, the firm earned $1.91 EPS. Hilton Worldwide'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. On average, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Raymond James Financial raised their price target 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. JPMorgan Chase & Co. assumed coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price objective on the stock. Bank of America raised their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Robert W. Baird raised their price target on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Finally, Macquarie raised 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. 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $264.40.

Insiders Place Their Bets

In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $269.40, for a total value 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 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 this hyperlink. Insiders own 2.60% of the company's stock.

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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