Wellington Management Group LLP Raises Stock Position in Hilton Worldwide Holdings Inc. $HLT

Key Points

• Wellington Management Group LLP increased its stake in Hilton Worldwide Holdings Inc. by 18.9%, now owning approximately 1,691,871 shares worth about $384.99 million.
• Hilton Worldwide reported an EPS of $2.20 for the most recent quarter, exceeding analysts' expectations by $0.16, and generated revenue of $3.14 billion.
• The company's recent dividend announcement includes a quarterly payment of $0.15 per share, translating to an annual yield of 0.2%.

Wellington Management Group LLP boosted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 18.9% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,691,871 shares of the company's stock after buying an additional 268,889 shares during the quarter. Wellington Management Group LLP owned 0.71% of Hilton Worldwide worth $384,985,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in HLT. Dimensional Fund Advisors LP raised its holdings in shares of Hilton Worldwide by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 701,647 shares of the company's stock worth $173,429,000 after buying an additional 4,866 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its position in shares of Hilton Worldwide by 37.0% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 14,542 shares of the company's stock worth $3,594,000 after purchasing an additional 3,924 shares during the last quarter. Ossiam boosted its holdings in shares of Hilton Worldwide by 139.3% in the fourth quarter. Ossiam now owns 7,350 shares of the company's stock valued at $1,817,000 after purchasing an additional 4,279 shares during the period. MML Investors Services LLC grew its stake in Hilton Worldwide by 4.6% in the fourth quarter. MML Investors Services LLC now owns 33,491 shares of the company's stock worth $8,278,000 after purchasing an additional 1,463 shares in the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Hilton Worldwide by 21.7% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 11,667 shares of the company's stock worth $2,884,000 after buying an additional 2,082 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Price Performance

NYSE HLT traded up $8.1870 on Friday, hitting $277.3770. The stock had a trading volume of 1,578,622 shares, compared to its average volume of 1,564,406. The business's fifty day moving average price is $266.47 and its 200 day moving average price is $249.42. The stock has a market cap of $65.24 billion, a price-to-earnings ratio of 42.61, a price-to-earnings-growth ratio of 2.65 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.46.

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 firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter last year, the firm earned $1.91 EPS. The business's quarterly revenue 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, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be paid a $0.15 dividend. The ex-dividend date is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's dividend payout ratio (DPR) is 9.22%.

Insider Activity at Hilton Worldwide

In other news, insider Christopher W. Silcock sold 11,905 shares of Hilton Worldwide stock in a transaction 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 sale, the insider directly 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 is accessible through the SEC website. Insiders own 2.60% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays decreased their price objective on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. Raymond James Financial lifted their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Truist Financial upped their target price on Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a report on Thursday, July 24th. Finally, Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and increased their target price for the company from $228.00 to $296.00 in a research report on Monday, May 12th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and a consensus target price 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.