Massachusetts Financial Services Co. MA Sells 1,135,923 Shares of Hilton Worldwide Holdings Inc. $HLT

Massachusetts Financial Services Co. MA lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 23.5% during the second quarter, HoldingsChannel reports. The firm owned 3,700,507 shares of the company’s stock after selling 1,135,923 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Hilton Worldwide were worth $985,593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Clearstead Trust LLC bought a new stake in shares of Hilton Worldwide in the second quarter valued at $30,000. Bank of Jackson Hole Trust grew its stake in Hilton Worldwide by 132.7% in the 2nd quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after buying an additional 73 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in Hilton Worldwide by 59.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock valued at $37,000 after buying an additional 52 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Hilton Worldwide during the second quarter valued at approximately $39,000. Finally, LRI Investments LLC lifted its stake in Hilton Worldwide by 84.1% in the 2nd quarter. LRI Investments LLC now owns 151 shares of the company’s stock worth $40,000 after purchasing an additional 69 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Christopher W. Silcock sold 11,905 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $269.40, for a total value of $3,207,207.00. Following the completion of the transaction, the insider directly owned 79,451 shares of the company’s stock, valued at $21,404,099.40. This represents a 13.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on HLT shares. Bank of America upped their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Monday, July 21st. Morgan Stanley raised their price target on Hilton Worldwide from $286.00 to $289.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. The Goldman Sachs Group boosted their price objective on Hilton Worldwide from $274.00 to $285.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Jefferies Financial Group lifted their target price on shares of Hilton Worldwide from $311.00 to $312.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Finally, Raymond James Financial raised their price objective on shares of Hilton Worldwide from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $277.75.

Hilton Worldwide Trading Down 0.2%

HLT opened at $269.33 on Friday. The business’s 50-day moving average price is $265.48 and its 200-day moving average price is $262.17. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.80. The company has a market cap of $62.60 billion, a P/E ratio of 38.98, a P/E/G ratio of 2.78 and a beta of 1.20.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $3.01 billion. During the same quarter last year, the business earned $1.92 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, November 21st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide’s payout ratio is presently 8.68%.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.