State of Michigan Retirement System Decreases Stake in Hilton Worldwide Holdings Inc. $HLT

State of Michigan Retirement System lowered its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.4% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 60,823 shares of the company’s stock after selling 2,800 shares during the period. State of Michigan Retirement System’s holdings in Hilton Worldwide were worth $17,471,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. purchased a new position in Hilton Worldwide in the 4th quarter valued at $33,000. Caitlin John LLC purchased a new position in Hilton Worldwide in the 3rd quarter valued at $32,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in Hilton Worldwide by 52.9% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock valued at $34,000 after purchasing an additional 45 shares in the last quarter. Ameritas Advisory Services LLC lifted its holdings in Hilton Worldwide by 110.6% in the 3rd quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock valued at $36,000 after purchasing an additional 73 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new position in Hilton Worldwide in the 3rd quarter valued at $38,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 114,289 shares of Hilton Worldwide stock in a transaction 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 owned 36,445 shares in the company, valued at $11,570,194.15. The trade was a 75.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

HLT has been the topic of a number of research reports. Argus raised their price objective on Hilton Worldwide from $350.00 to $380.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Sanford C. Bernstein upped their target price on Hilton Worldwide from $304.00 to $322.00 in a report on Wednesday, February 25th. Evercore upped their target price on Hilton Worldwide from $335.00 to $350.00 in a report on Friday. Barclays upped their target price on Hilton Worldwide from $350.00 to $363.00 and gave the company an “overweight” rating in a report on Thursday, April 16th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $339.00 target price on shares of Hilton Worldwide in a report on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $338.41.

Hilton Worldwide Stock Down 0.8%

NYSE:HLT opened at $332.97 on Tuesday. Hilton Worldwide Holdings Inc. has a 52 week low of $217.05 and a 52 week high of $344.75. The company has a market capitalization of $76.18 billion, a P/E ratio of 54.41, a P/E/G ratio of 2.90 and a beta of 1.11. The stock’s fifty day moving average is $311.70 and its two-hundred day moving average is $294.00.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Tuesday, April 28th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. Hilton Worldwide had a negative return on equity of 40.24% and a net margin of 12.10%.The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $2.94 billion. 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. Sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th were given a $0.15 dividend. The ex-dividend date was Friday, February 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s payout ratio is currently 9.80%.

Hilton Worldwide Company Profile

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.