UniSuper Management Pty Ltd Lowers Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Key Points

• UniSuper Management Pty Ltd reduced its stake in Hilton Worldwide Holdings Inc. by 61.9%, owning 31,735 shares valued at $7.22 million as of its most recent SEC filing.
• Hilton Worldwide reported earnings of $2.20 per share, exceeding analysts' expectations, with a net margin of 13.84% and revenue of $3.14 billion for the quarter.
• Several hedge funds have increased their holdings in Hilton Worldwide, including ORG Partners LLC, which raised its stake by 78.7%, while institutional investors now own 95.90% of the company's stock.

UniSuper Management Pty Ltd lessened its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 61.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,735 shares of the company's stock after selling 51,527 shares during the quarter. UniSuper Management Pty Ltd's holdings in Hilton Worldwide were worth $7,221,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC bought a new position in shares of Hilton Worldwide during the first quarter valued at about $353,985,000. GAMMA Investing LLC grew its stake in shares of Hilton Worldwide by 23,543.6% during the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock valued at $2,397,370,000 after buying an additional 1,049,101 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Hilton Worldwide by 30.0% during 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 during the last quarter. SurgoCap Partners LP bought a new position in shares of Hilton Worldwide during the fourth quarter valued at about $109,492,000. Finally, Jennison Associates LLC grew its stake in shares of Hilton Worldwide by 11.3% during 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 during the last quarter. Institutional investors own 95.90% of the company's stock.

Insider Activity

In other 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 transaction of $3,207,207.00. Following the completion of the transaction, the insider directly owned 79,451 shares in the company, valued at approximately $21,404,099.40. This trade represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on HLT shares. Bank of America increased 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. Raymond James Financial increased their target price on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. started coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price for the company. Truist Financial increased their target price on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a report on Thursday, July 24th. Finally, Barclays dropped their target price on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $264.40.

Hilton Worldwide Price Performance

HLT traded down $3.12 on Friday, hitting $275.10. The company had a trading volume of 703,553 shares, compared to its average volume of 1,347,755. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.80. The stock has a fifty day simple moving average of $271.63 and a 200-day simple moving average of $250.34. The firm has a market capitalization of $64.70 billion, a P/E ratio of 42.26, a P/E/G ratio of 2.74 and a beta of 1.21.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data 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 net margin of 13.84% and a negative return on equity of 46.13%. The business had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the business posted $1.91 earnings per share. Hilton Worldwide'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. Equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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