Chris Carr Sells 439 Shares of Hilton Worldwide (NYSE:HLT) Stock

Hilton Worldwide Holdings Inc. (NYSE:HLTGet Free Report) Director Chris Carr sold 439 shares of the business’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 value of $136,239.26. Following the sale, the director directly owned 8,252 shares of the company’s stock, valued at $2,560,925.68. This represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Hilton Worldwide Stock Down 0.7%

Shares of NYSE:HLT opened at $305.54 on Thursday. The business’s 50 day moving average is $320.53 and its 200 day moving average is $321.70. Hilton Worldwide Holdings Inc. has a 12-month low of $253.54 and a 12-month high of $358.00. The stock has a market cap of $68.77 billion, a price-to-earnings ratio of 44.87, a PEG ratio of 2.49 and a beta of 1.05.

Hilton Worldwide (NYSE:HLTGet Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.02. Hilton Worldwide had a negative return on equity of 35.24% and a net margin of 12.69%.The business had revenue of $1.38 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the firm posted $2.20 EPS. Hilton Worldwide’s quarterly revenue was up 6.5% compared to the same quarter last year. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, August 21st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 21st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.81%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on HLT. Truist Financial upped their price objective on shares of Hilton Worldwide from $312.00 to $316.00 and gave the stock a “hold” rating in a research report on Thursday, September 10th. China Intl Cap raised shares of Hilton Worldwide to a “strong-buy” rating in a research report on Wednesday, August 12th. Barclays upped their target price on Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Morgan Stanley increased their price target on Hilton Worldwide from $319.00 to $332.00 and gave the company an “overweight” rating in a research report on Friday, July 17th. Finally, JPMorgan Chase & Co. boosted their price objective on Hilton Worldwide from $363.00 to $365.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average price target of $354.00.

Check Out Our Latest Stock Analysis on HLT

Hedge Funds Weigh In On Hilton Worldwide

Several hedge funds have recently made changes to their positions in HLT. Sequoia Financial Advisors LLC boosted its stake in Hilton Worldwide by 4.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,498 shares of the company’s stock worth $3,800,000 after purchasing an additional 479 shares during the period. Engineers Gate Manager LP lifted its holdings in shares of Hilton Worldwide by 4,286.3% in the second quarter. Engineers Gate Manager LP now owns 32,546 shares of the company’s stock worth $10,755,000 after buying an additional 31,804 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Hilton Worldwide by 29.3% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,254 shares of the company’s stock valued at $414,000 after purchasing an additional 284 shares during the period. Integrated Wealth Concepts LLC grew its position in shares of Hilton Worldwide by 27.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 4,469 shares of the company’s stock valued at $1,477,000 after purchasing an additional 966 shares in the last quarter. Finally, RFG Advisory LLC bought a new position in shares of Hilton Worldwide in the second quarter worth $219,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

About Hilton Worldwide

(Get Free Report)

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.

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