Hilton Worldwide Holdings Inc. $HLT Shares Sold by Athena Wealth Management LLC

by · The Markets Daily

Athena Wealth Management LLC decreased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 63.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,629 shares of the company’s stock after selling 2,779 shares during the quarter. Athena Wealth Management LLC’s holdings in Hilton Worldwide were worth $518,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Hilton Worldwide during the second quarter valued at $6,271,258,000. Bank of America Corp DE bought a new stake in Hilton Worldwide during the 2nd quarter worth about $1,733,669,000. Jupiter Topco LLC acquired a new position in Hilton Worldwide during the 2nd quarter valued at about $663,882,000. Bank of New York Mellon Corp acquired a new stake in shares of Hilton Worldwide during the 2nd quarter worth approximately $437,227,000. Finally, Legal & General Group Plc acquired a new stake in shares of Hilton Worldwide during the 2nd quarter worth approximately $389,475,000. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Trading Up 1.1%

Shares of NYSE HLT traded up $3.61 during mid-day trading on Friday, reaching $326.90. 457,616 shares of the company’s stock were exchanged, compared to its average volume of 1,887,356. Hilton Worldwide Holdings Inc. has a twelve month low of $253.54 and a twelve month high of $358.00. The firm has a market capitalization of $73.57 billion, a price-to-earnings ratio of 48.00, a PEG ratio of 2.59 and a beta of 1.10. The business has a fifty day simple moving average of $317.09 and a 200 day simple moving average of $323.37.

Hilton Worldwide (NYSE:HLT – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $3.32 billion. During the same period in the prior year, the business earned $2.20 EPS. Hilton Worldwide’s revenue for the quarter 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. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post 9.06 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, August 21st were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, August 21st. Hilton Worldwide’s dividend payout ratio is presently 8.81%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on HLT. UBS Group reaffirmed a “buy” rating and issued a $363.00 price objective on shares of Hilton Worldwide in a research note on Friday, August 14th. Susquehanna reduced their price target on Hilton Worldwide from $353.00 to $345.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price objective for the company in a report on Wednesday, August 12th. Wolfe Research assumed coverage on Hilton Worldwide in a report on Wednesday, September 2nd. They set a “peer perform” rating on the stock. Finally, Truist Financial upped their price target on Hilton Worldwide from $312.00 to $316.00 and gave the company a “hold” rating in a research note on Thursday, September 10th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $354.00.

View Our Latest Stock Analysis on HLT

Insider Activity at Hilton Worldwide

In other news, insider Laura Fuentes sold 7,289 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $309.81, for a total value of $2,258,205.09. Following the completion of the sale, the insider owned 33,458 shares of the company’s stock, valued at approximately $10,365,622.98. This represents a 17.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Chris Carr sold 439 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. Corporate insiders own 2.70% of the company’s stock.

Hilton Worldwide Company Profile

(Free Report)

Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels, resorts and other lodging properties. The company serves business and leisure travelers through a broad portfolio of brands spanning luxury, full-service, focused-service, extended-stay and lifestyle accommodations.

Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tru by Hilton, Canopy by Hilton, Curio Collection by Hilton, Motto by Hilton and additional specialty brands.

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