Insider Selling: Hilton Worldwide (NYSE:HLT) Director Sells 439 Shares of Stock

Key Points

• Hilton director Chris Carr sold 439 shares at an average price of $310.34, generating $136,239.26 and reducing his holdings by 5.05% to 8,252 shares.
• Hilton shares recently traded at $307.56, while the company reported quarterly EPS of $2.29, slightly above expectations, and revenue of $1.38 billion, up 6.5% year over year.
• Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $354; Hilton also declared a quarterly dividend of $0.15 per share.

Hilton Worldwide Holdings Inc. (NYSE:HLT - Get Free Report) Director Chris Carr sold 439 shares of the company's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $310.34, for a total transaction of $136,239.26. Following the completion of the transaction, the director owned 8,252 shares in the company, valued at approximately $2,560,925.68. This represents a 5.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hilton Worldwide Price Performance

NYSE HLT traded down $3.04 during mid-day trading on Tuesday, reaching $307.56. The stock had a trading volume of 1,289,527 shares, compared to its average volume of 1,923,010. The stock has a market cap of $69.22 billion, a PE ratio of 45.16, a price-to-earnings-growth ratio of 2.47 and a beta of 1.05. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The company has a fifty day moving average price of $321.76 and a 200 day moving average price of $321.82.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.02. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The company's quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.20 earnings per share. Hilton Worldwide has set its Q3 2026 guidance at 2.280-2.340 EPS and its FY 2026 guidance at 8.890-9.010 EPS. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide's payout ratio is currently 8.81%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in HLT. BlackRock Inc. acquired a new stake in Hilton Worldwide during the 2nd quarter worth about $6,271,258,000. Bank of America Corp DE purchased a new position in shares of Hilton Worldwide in the second quarter worth about $1,733,669,000. Norges Bank purchased a new position in shares of Hilton Worldwide in the fourth quarter worth about $803,047,000. Jupiter Topco LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth about $663,882,000. Finally, Bank of New York Mellon Corp acquired a new position in Hilton Worldwide in the 2nd quarter worth approximately $437,227,000. 95.90% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HLT has been the subject of several research analyst reports. Barclays lifted their price objective on Hilton Worldwide from $367.00 to $368.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft raised Hilton Worldwide from a "hold" rating to a "buy" rating and set a $365.00 target price on the stock in a research report on Wednesday, August 12th. TD Cowen upgraded Hilton Worldwide to a "strong-buy" rating in a research note on Tuesday, September 8th. JPMorgan Chase & Co. upped their price target on shares of Hilton Worldwide from $363.00 to $365.00 and gave the company an "overweight" rating in a research report on Tuesday, July 21st. Finally, UBS Group reiterated a "buy" rating and issued a $363.00 price objective on shares of Hilton Worldwide in a research note on Friday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $354.00.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that owns, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of market segments, from luxury and full-service properties to focused-service, extended-stay and lifestyle accommodations.

The company's brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Homewood Suites, Home2 Suites, Tru by Hilton, Canopy by Hilton, Curio Collection and Motto by Hilton.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.