The Manufacturers Life Insurance Company Purchases Shares of 113,952 Hilton Worldwide Holdings Inc. $HLT

Key Points

• The Manufacturers Life Insurance Company acquired 113,952 Hilton shares worth approximately $37.7 million, establishing a 0.05% stake. Institutional investors collectively own 95.9% of HLT.
• Analysts remain broadly positive: Hilton has a “Moderate Buy” consensus rating from 24 analysts, with a consensus price target of $353.82; several firms recently raised targets or upgraded the stock.
• Hilton reported quarterly EPS of $2.29, slightly ahead of estimates, while revenue increased 6.5% year over year. The company also declared a quarterly dividend of $0.15 per share, implying a 0.2% annual yield.

The Manufacturers Life Insurance Company acquired a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 113,952 shares of the company's stock, valued at approximately $37,657,000. The Manufacturers Life Insurance Company owned 0.05% of Hilton Worldwide as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Allstate Corp lifted its stake in shares of Hilton Worldwide by 100.2% in the fourth quarter. Allstate Corp now owns 16,678 shares of the company's stock worth $4,791,000 after buying an additional 8,348 shares in the last quarter. Cumberland Partners Ltd increased its position in shares of Hilton Worldwide by 100.0% during the fourth quarter. Cumberland Partners Ltd now owns 15,000 shares of the company's stock valued at $4,309,000 after acquiring an additional 7,500 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Hilton Worldwide by 4.7% during 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 acquiring an additional 22,249 shares in the last quarter. Amundi raised its holdings in Hilton Worldwide by 4.0% in the 1st quarter. Amundi now owns 1,338,426 shares of the company's stock worth $406,989,000 after acquiring an additional 51,767 shares during the last quarter. 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 owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on HLT. Evercore upgraded Hilton Worldwide from an "in-line" rating to an "outperform" rating in a research note on Tuesday, July 21st. China Intl Cap raised Hilton Worldwide to a "strong-buy" rating in a report on Wednesday, August 12th. HSBC increased their price objective on Hilton Worldwide from $353.00 to $387.00 and gave the company a "buy" rating in a research report on Wednesday, April 29th. Wells Fargo & Company boosted their target price on Hilton Worldwide from $379.00 to $382.00 and gave the stock an "overweight" rating in a research report on Thursday, July 30th. Finally, Argus upped their target price on shares of Hilton Worldwide from $380.00 to $400.00 and gave the company a "buy" rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $353.82.

Hilton Worldwide Price Performance

HLT stock opened at $332.45 on Thursday. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The company has a market cap of $74.82 billion, a P/E ratio of 48.82, a price-to-earnings-growth ratio of 2.79 and a beta of 1.05. The stock's fifty day moving average price is $328.96 and its 200-day moving average price is $322.21.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.02. The company had revenue of $1.38 billion during the quarter, compared to analysts' expectations of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.Hilton Worldwide's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.20 earnings per share. 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. As a group, analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. 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 presently 8.81%.

Hilton Worldwide Profile

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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