T. Rowe Price Investment Management Inc. Has $811.36 Million Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• T. Rowe Price Investment Management Inc. has decreased its stake in Hilton Worldwide Holdings Inc. by 38.5%, holding approximately 3.57 million shares valued at about $811.36 million.
• Several hedge funds have increased their positions in Hilton Worldwide, with the majority of the stock (95.90%) currently owned by institutional investors and hedge funds.
• Analysts have diverse price targets for Hilton Worldwide, with Bank of America raising their target to $285.00 while Evercore ISI decreased theirs to $245.00, reflecting varying outlooks for the company.

T. Rowe Price Investment Management Inc. reduced its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 38.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,565,627 shares of the company's stock after selling 2,228,852 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 1.50% of Hilton Worldwide worth $811,359,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Hilton Worldwide by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,115,086 shares of the company's stock worth $5,714,938,000 after purchasing an additional 104,802 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Hilton Worldwide by 8.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after acquiring an additional 364,307 shares during the period. Jennison Associates LLC increased its stake in shares of Hilton Worldwide by 11.3% in the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company's stock valued at $861,132,000 after buying an additional 385,096 shares in the last quarter. Northern Trust Corp increased its stake in shares of Hilton Worldwide by 15.7% in the fourth quarter. Northern Trust Corp now owns 2,411,699 shares of the company's stock valued at $596,076,000 after buying an additional 327,267 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in shares of Hilton Worldwide by 30.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock valued at $487,135,000 after buying an additional 494,224 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Up 3.0%

Shares of Hilton Worldwide stock traded up $8.1870 on Friday, reaching $277.3770. 1,578,622 shares of the company were exchanged, compared to its average volume of 1,564,406. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.46. The company has a market capitalization of $65.24 billion, a price-to-earnings ratio of 42.61, a PEG ratio of 2.73 and a beta of 1.26. The company has a 50-day moving average of $266.47 and a 200 day moving average of $249.36.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%.The company had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the prior year, the business posted $1.91 EPS. The business's revenue was up 6.3% compared to the same quarter last year. Hilton Worldwide has set its Q3 2025 guidance at 1.980-2.040 EPS. FY 2025 guidance at 7.830-8.000 EPS. Analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

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. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide's payout ratio is presently 9.22%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HLT shares. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. JPMorgan Chase & Co. began coverage on Hilton Worldwide in a research note on Monday, June 23rd. They issued an "overweight" rating and a $282.00 target price on the stock. Robert W. Baird boosted their target price on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Truist Financial boosted their target price on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. Finally, Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their target price for the company from $228.00 to $296.00 in a research note on Monday, May 12th. One 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $264.40.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher W. Silcock sold 11,905 shares of the business's 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 transaction, the insider directly owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.