Clio Asset Management LLC decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 24.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 33,511 shares of the company’s stock after selling 10,651 shares during the quarter. Hilton Worldwide comprises 8.5% of Clio Asset Management LLC’s holdings, making the stock its 5th largest position. Clio Asset Management LLC’s holdings in Hilton Worldwide were worth $10,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of HLT. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Hilton Worldwide by 17.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 49,626 shares of the company’s stock valued at $14,255,000 after acquiring an additional 7,339 shares during the last quarter. Allstate Corp boosted its position in Hilton Worldwide by 100.2% during the 4th quarter. Allstate Corp now owns 16,678 shares of the company’s stock valued at $4,791,000 after acquiring an additional 8,348 shares in the last quarter. Cumberland Partners Ltd grew its holdings in shares of Hilton Worldwide by 100.0% during the 4th quarter. Cumberland Partners Ltd now owns 15,000 shares of the company’s stock worth $4,309,000 after acquiring an additional 7,500 shares during the period. Fulton Breakefield Broenniman LLC bought a new position in shares of Hilton Worldwide in the 4th quarter worth approximately $7,032,000. Finally, Holocene Advisors LP lifted its stake in shares of Hilton Worldwide by 17.0% in the 3rd quarter. Holocene Advisors LP now owns 1,795,659 shares of the company’s stock valued at $465,866,000 after purchasing an additional 261,097 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently weighed in on HLT. Weiss Ratings raised Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, April 29th. Truist Financial raised their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Mizuho boosted their target price on shares of Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. increased their price target on shares of Hilton Worldwide from $350.00 to $363.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 21st. Finally, Evercore lifted their price target on shares of Hilton Worldwide from $335.00 to $350.00 in a research report on Friday, April 24th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $349.45.
Hilton Worldwide Trading Down 0.8%
Shares of HLT opened at $340.74 on Friday. The company has a market cap of $77.57 billion, a price-to-earnings ratio of 52.02, a P/E/G ratio of 3.00 and a beta of 1.04. The business’s fifty day simple moving average is $331.71 and its two-hundred day simple moving average is $311.77. Hilton Worldwide Holdings Inc. has a 12 month low of $253.54 and a 12 month high of $358.00.
Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.03. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The company’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.72 earnings per share. Hilton Worldwide has set its FY 2026 guidance at 8.280-8.400 EPS and its Q2 2026 guidance at 2.180-2.240 EPS. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 9.03 EPS for the current year.
Hilton Worldwide Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 9.16%.
Hilton Worldwide 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.
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