Hilton Worldwide Holdings Inc. $HLT Holdings Trimmed by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company has reduced its stake in Hilton Worldwide Holdings Inc. by 4.0%, now holding 141,673 shares after selling 5,871 shares during the first quarter.
• Hilton Worldwide's stock has received several price target upgrades, with analysts projecting an average target of $264.40 and a rating of "Moderate Buy."
• Insider Christopher W. Silcock sold 11,905 shares of Hilton's stock, representing a 13.03% decrease in his position, valued over $3.2 million.

The Manufacturers Life Insurance Company reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,673 shares of the company's stock after selling 5,871 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.06% of Hilton Worldwide worth $32,238,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Sowell Financial Services LLC acquired a new stake in shares of Hilton Worldwide during the first quarter valued at about $314,000. Artemis Investment Management LLP grew its stake in shares of Hilton Worldwide by 3.9% during the first quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after acquiring an additional 6,146 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake 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 in the last quarter. Malaga Cove Capital LLC acquired a new position in Hilton Worldwide in the first quarter worth about $316,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Hilton Worldwide in the first quarter worth about $217,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Trading Down 2.1%

NYSE:HLT traded down $5.86 during midday trading on Friday, hitting $272.20. 1,578,820 shares of the stock were exchanged, compared to its average volume of 1,429,783. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.81. The company has a market capitalization of $64.02 billion, a price-to-earnings ratio of 41.81, a P/E/G ratio of 2.74 and a beta of 1.21. The business has a 50-day moving average price of $271.09 and a two-hundred day moving average price of $249.95.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the previous year, the company earned $1.91 earnings per share. The firm's quarterly 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. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on HLT shares. Barclays decreased their price target on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research note on Thursday, July 24th. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Robert W. Baird lifted their price target on Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. Bank of America raised their target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Finally, Macquarie raised their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. One equities research 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 company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $264.40.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the transaction, the insider owned 79,451 shares in the company, valued at approximately $21,404,099.40. The trade was a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.60% of the company's stock.

About Hilton Worldwide

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.