XTX Topco Ltd Boosts Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Key Points

• XTX Topco Ltd has increased its holdings in Hilton Worldwide by 32.5%, purchasing an additional 6,169 shares in the 1st quarter, bringing its total to 25,175 shares valued at approximately $5.73 million.
• Recent research reports have seen price target adjustments for Hilton Worldwide, with estimates ranging from $240 to $296, and a consensus price target set at $258.56.
• Hilton Worldwide reported a $2.20 EPS for the last quarter, exceeding analyst estimates, along with a 6.3% increase in quarterly revenue year-over-year.

XTX Topco Ltd grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 32.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,175 shares of the company's stock after buying an additional 6,169 shares during the quarter. Hilton Worldwide accounts for approximately 0.3% of XTX Topco Ltd's holdings, making the stock its 29th biggest holding. XTX Topco Ltd's holdings in Hilton Worldwide were worth $5,729,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. ORG Partners LLC boosted its holdings in shares of Hilton Worldwide by 78.7% in the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after purchasing an additional 74 shares during the period. Beacon Capital Management LLC increased its position in Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after acquiring an additional 76 shares during the last quarter. Valley National Advisers Inc. boosted its stake in shares of Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after purchasing an additional 142 shares during the period. Optiver Holding B.V. raised its position in Hilton Worldwide by 127.1% in the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company's stock worth $54,000 after purchasing an additional 122 shares during the period. Finally, Wayfinding Financial LLC purchased a new position in shares of Hilton Worldwide during the first quarter valued at approximately $54,000. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Down 2.7%

Shares of NYSE HLT traded down $7.29 during midday trading on Friday, reaching $260.79. 1,965,470 shares of the stock were exchanged, compared to its average volume of 2,071,435. The firm has a market cap of $61.34 billion, a price-to-earnings ratio of 40.06, a PEG ratio of 2.70 and a beta of 1.25. The firm has a 50-day simple moving average of $261.05 and a two-hundred day simple moving average of $247.63. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $3.14 billion during 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 revenue for the quarter was up 6.3% on a year-over-year basis. Research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business 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 payout ratio is currently 9.22%.

Wall Street Analyst Weigh In

HLT has been the topic of several research analyst reports. Truist Financial upped their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research report on Thursday, July 24th. Morgan Stanley lowered their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Macquarie lifted their target price on Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Finally, Raymond James Financial raised their target price on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Wednesday. Ten equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $259.19.

Hilton Worldwide Company 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.