Hilton Worldwide Holdings Inc. $HLT Shares Sold by USS Investment Management Ltd

Key Points

• USS Investment Management Ltd has reduced its holdings in Hilton Worldwide by 19.2%, now owning 40,905 shares worth approximately $9.3 million.
• Insider Christopher W. Silcock sold 11,905 shares at an average price of $269.40, decreasing his position by 13.03%.
• Several analysts have adjusted their price targets for Hilton Worldwide, with Macquarie increasing it from $240 to $258, while Barclays lowered it from $296 to $291.

USS Investment Management Ltd decreased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 19.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,905 shares of the company's stock after selling 9,700 shares during the quarter. USS Investment Management Ltd's holdings in Hilton Worldwide were worth $9,305,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HLT. Baird Financial Group Inc. increased its holdings in Hilton Worldwide by 81.9% during the 4th quarter. Baird Financial Group Inc. now owns 1,459 shares of the company's stock worth $361,000 after purchasing an additional 657 shares during the period. Cetera Investment Advisers increased its holdings in shares of Hilton Worldwide by 8.6% in the 4th quarter. Cetera Investment Advisers now owns 31,659 shares of the company's stock valued at $7,825,000 after acquiring an additional 2,516 shares during the last quarter. CoreCap Advisors LLC increased its holdings in shares of Hilton Worldwide by 6.1% in the 4th quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock valued at $220,000 after acquiring an additional 51 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Hilton Worldwide by 4.8% in the 4th quarter. EP Wealth Advisors LLC now owns 3,912 shares of the company's stock valued at $967,000 after acquiring an additional 179 shares during the last quarter. Finally, Fiduciary Trust Co increased its holdings in shares of Hilton Worldwide by 0.5% in the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock valued at $1,810,000 after acquiring an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher W. Silcock sold 11,905 shares of the 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 completion of the sale, the insider directly owned 79,451 shares of the company's stock, valued at approximately $21,404,099.40. This trade represents 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 Stock Down 1.1%

NYSE:HLT traded down $3.12 during mid-day trading on Friday, reaching $275.10. 703,553 shares of the stock were exchanged, compared to its average volume of 1,347,755. The company has a 50 day simple moving average of $271.63 and a 200-day simple moving average of $250.34. The stock 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 Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.80.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share 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 during the quarter, compared to analysts' expectations of $3.09 billion. During the same period last year, the firm earned $1.91 EPS. The firm's revenue for the quarter 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. As a group, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given 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 of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.22%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on HLT. Macquarie increased their price objective on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. began coverage on Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price objective on the stock. Barclays dropped their price objective on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a report on Thursday, July 24th. Raymond James Financial increased their price objective on Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Finally, Bank of America increased their price objective on Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a report on Monday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $264.40.

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.