Crestwood Advisors Group LLC Reduces Position in Hilton Worldwide Holdings Inc. $HLT

by · The Cerbat Gem

Crestwood Advisors Group LLC trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 5.1% during the fourth quarter, Holdings Channel reports. The fund owned 243,196 shares of the company’s stock after selling 13,069 shares during the quarter. Hilton Worldwide accounts for 1.2% of Crestwood Advisors Group LLC’s investment portfolio, making the stock its 22nd largest holding. Crestwood Advisors Group LLC’s holdings in Hilton Worldwide were worth $69,859,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Sequoia Financial Advisors LLC increased its position in shares of Hilton Worldwide by 22.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 9,413 shares of the company’s stock worth $2,704,000 after acquiring an additional 1,707 shares during the last quarter. Indivisible Partners purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth about $5,649,000. Swedbank AB increased its position in shares of Hilton Worldwide by 1.4% during the fourth quarter. Swedbank AB now owns 143,587 shares of the company’s stock worth $41,245,000 after acquiring an additional 1,950 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Hilton Worldwide by 4.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 491,309 shares of the company’s stock worth $143,944,000 after acquiring an additional 22,249 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Hilton Worldwide by 175.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,875 shares of the company’s stock worth $539,000 after acquiring an additional 1,194 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on HLT shares. Truist Financial lifted their target price on Hilton Worldwide from $307.00 to $312.00 and gave the stock a “hold” rating in a research report on Wednesday, April 29th. TD Cowen boosted their price objective on Hilton Worldwide from $350.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Evercore boosted their price objective on Hilton Worldwide from $335.00 to $350.00 in a report on Friday, April 24th. Sanford C. Bernstein boosted their price objective on Hilton Worldwide from $304.00 to $322.00 in a report on Wednesday, February 25th. Finally, Mizuho boosted their price objective on Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Hilton Worldwide has a consensus rating of “Moderate Buy” and an average target price of $348.59.

Read Our Latest Research Report on Hilton Worldwide

Insider Activity at Hilton Worldwide

In other 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 transaction of $36,283,328.83. Following the completion of the transaction, the insider directly owned 36,445 shares of the company’s stock, valued at approximately $11,570,194.15. This represents a 75.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.70% of the company’s stock.

Hilton Worldwide Stock Down 0.3%

Shares of Hilton Worldwide stock opened at $320.55 on Friday. The firm has a market cap of $72.97 billion, a P/E ratio of 48.94, a P/E/G ratio of 2.81 and a beta of 1.06. Hilton Worldwide Holdings Inc. has a fifty-two week low of $240.76 and a fifty-two week high of $344.75. The business has a 50-day moving average price of $312.34 and a 200 day moving average price of $296.43.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.03. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a negative return on equity of 38.21% and a net margin of 12.56%.Hilton Worldwide’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the company 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, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.03 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. Stockholders of record on Friday, May 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. Hilton Worldwide’s dividend payout ratio is 9.16%.

About Hilton Worldwide

(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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