Strs Ohio Has $80.59 Million Stake in Hilton Worldwide Holdings Inc. $HLT

by · The Cerbat Gem

Strs Ohio decreased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 280,563 shares of the company’s stock after selling 7,056 shares during the quarter. Strs Ohio owned 0.12% of Hilton Worldwide worth $80,592,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of HLT. NewEdge Advisors LLC raised its stake in Hilton Worldwide by 25.6% during the first quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after acquiring an additional 465 shares in the last quarter. Empowered Funds LLC raised its stake in Hilton Worldwide by 37.4% during the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock worth $1,396,000 after acquiring an additional 1,669 shares in the last quarter. Woodline Partners LP raised its stake in Hilton Worldwide by 38.8% during the first quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock worth $4,625,000 after acquiring an additional 5,687 shares in the last quarter. Intech Investment Management LLC grew its holdings in shares of Hilton Worldwide by 112.4% during the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of Hilton Worldwide by 182.2% during the first quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock worth $76,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HLT. Argus boosted their price target on Hilton Worldwide from $350.00 to $380.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. The Goldman Sachs Group boosted their price target on Hilton Worldwide from $354.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday. Macquarie Infrastructure boosted their price target on Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a report on Wednesday. Morgan Stanley boosted their price target on Hilton Worldwide from $303.00 to $318.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Finally, Rothschild & Co Redburn boosted their price target on Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.59.

Read Our Latest Stock Report on Hilton Worldwide

Insider Buying and Selling

In related news, insider Christopher J. Nassetta sold 114,289 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $317.47, for a total value of $36,283,328.83. Following the sale, the insider directly owned 36,445 shares in the company, valued at $11,570,194.15. This represents a 75.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by insiders.

Hilton Worldwide Price Performance

Shares of HLT stock opened at $318.33 on Friday. The business’s 50 day simple moving average is $312.05 and its 200 day simple moving average is $294.81. Hilton Worldwide Holdings Inc. has a one year low of $235.20 and a one year high of $344.75. The stock has a market capitalization of $72.47 billion, a PE ratio of 48.60, a PEG ratio of 2.81 and a beta of 1.06.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its earnings results on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, beating the consensus estimate of $1.98 by $0.03. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.The business had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same period in the prior year, the business posted $1.72 earnings per share. The firm’s revenue was up 9.0% on a year-over-year basis. 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 expect that Hilton Worldwide Holdings Inc. will post 9.05 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Friday, May 22nd will be issued a $0.15 dividend. 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 presently 9.80%.

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.

See Also

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