PBMares Wealth Management LLC trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 11.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,285 shares of the company’s stock after selling 2,600 shares during the quarter. Hilton Worldwide makes up about 0.8% of PBMares Wealth Management LLC’s investment portfolio, making the stock its 24th largest holding. PBMares Wealth Management LLC’s holdings in Hilton Worldwide were worth $5,003,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the business. Clearstead Trust LLC bought a new stake in shares of Hilton Worldwide during the 2nd quarter valued at $30,000. Sagard Holdings Management Inc. purchased a new position in Hilton Worldwide during the second quarter valued at $30,000. Bank of Jackson Hole Trust lifted its position in Hilton Worldwide by 132.7% during the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after purchasing an additional 73 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its holdings in Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock valued at $34,000 after purchasing an additional 45 shares during the period. Finally, Cullen Frost Bankers Inc. increased its position in Hilton Worldwide by 59.8% in the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock worth $37,000 after buying an additional 52 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on HLT shares. Wells Fargo & Company initiated coverage on shares of Hilton Worldwide in a report on Tuesday, November 18th. They issued an “overweight” rating and a $332.00 target price for the company. TD Cowen reduced their price objective on shares of Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating for the company in a research note on Friday, October 17th. The Goldman Sachs Group upgraded shares of Hilton Worldwide from a “neutral” rating to a “buy” rating and lifted their target price for the company from $285.00 to $317.00 in a research note on Monday, December 15th. Sanford C. Bernstein increased their price target on Hilton Worldwide from $285.00 to $304.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 6th. Finally, Cowen reissued a “buy” rating on shares of Hilton Worldwide in a report on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $286.50.
Hilton Worldwide Stock Performance
HLT opened at $300.45 on Tuesday. The stock has a market capitalization of $69.83 billion, a price-to-earnings ratio of 43.48, a PEG ratio of 2.56 and a beta of 1.15. The company has a fifty day moving average of $281.35 and a 200 day moving average of $272.80. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $303.40.
Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, beating the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter in the prior year, the firm earned $1.92 EPS. The business’s revenue was up 8.8% on a year-over-year basis. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS and its FY 2025 guidance at 7.970-8.060 EPS. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, November 21st were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s payout ratio is presently 8.68%.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.
Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.
Featured Stories
- Five stocks we like better than Hilton Worldwide
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- This week’s 20x (missed it?)
Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
