QRG Capital Management Inc. Lowers Stock Position in Hilton Worldwide Holdings Inc. $HLT

QRG Capital Management Inc. lessened its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 49.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 28,485 shares of the company’s stock after selling 27,387 shares during the period. QRG Capital Management Inc.’s holdings in Hilton Worldwide were worth $7,390,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Clearstead Trust LLC acquired a new stake in shares of Hilton Worldwide during the 2nd quarter valued at about $30,000. Sagard Holdings Management Inc. purchased a new position in Hilton Worldwide during the second quarter worth approximately $30,000. Bank of Jackson Hole Trust grew its holdings in Hilton Worldwide by 132.7% in 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 during the period. Atlantic Edge Private Wealth Management LLC increased its position in shares of Hilton Worldwide by 52.9% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock valued at $34,000 after buying an additional 45 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Hilton Worldwide by 59.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock worth $37,000 after buying an additional 52 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Hilton Worldwide

Here are the key news stories impacting Hilton Worldwide this week:

Hilton Worldwide Trading Down 0.4%

HLT opened at $300.71 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $306.28. The firm has a market capitalization of $69.90 billion, a PE ratio of 43.52, a PEG ratio of 2.56 and a beta of 1.15. The firm’s 50-day moving average price is $284.16 and its 200 day moving average price is $273.70.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. Hilton Worldwide’s quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.92 EPS. 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. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, November 21st were paid a dividend of $0.15 per share. 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 8.68%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. TD Cowen dropped their price target on shares of Hilton Worldwide from $291.00 to $282.00 and set a “buy” rating on the stock in a research note on Friday, October 17th. Jefferies Financial Group lifted their target price on shares of Hilton Worldwide from $322.00 to $339.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Macquarie boosted their target price on shares of Hilton Worldwide from $267.00 to $280.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. The Goldman Sachs Group raised shares of Hilton Worldwide from a “neutral” rating to a “buy” rating and raised their price target for the company from $285.00 to $317.00 in a research note on Monday, December 15th. Finally, Wells Fargo & Company boosted their price objective on Hilton Worldwide from $332.00 to $338.00 and gave the stock an “overweight” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $293.41.

Check Out Our Latest Report on Hilton Worldwide

Hilton Worldwide Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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