HBK Sorce Advisory LLC Invests $948,000 in Hilton Worldwide Holdings Inc. $HLT

HBK Sorce Advisory LLC purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the 2nd quarter, Holdings Channel reports. The fund purchased 2,922 shares of the company’s stock, valued at approximately $948,000.

A number of other institutional investors also recently bought and sold shares of the stock. Kemnay Advisory Services Inc. bought a new position in Hilton Worldwide during the fourth quarter valued at $26,000. Elevation Wealth Partners LLC raised its stake in shares of Hilton Worldwide by 1,128.6% in the second quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after acquiring an additional 79 shares during the period. Wilkerson Advisory Group LLC lifted its holdings in shares of Hilton Worldwide by 163.2% in the 1st quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock worth $30,000 after acquiring an additional 62 shares during the last quarter. ST Germain D J Co. Inc. purchased a new position in shares of Hilton Worldwide during the 4th quarter worth about $33,000. Finally, Meeder Asset Management Inc. grew its holdings in Hilton Worldwide by 70.1% during the 1st quarter. Meeder Asset Management Inc. now owns 114 shares of the company’s stock valued at $35,000 after purchasing an additional 47 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Price Performance

Shares of HLT stock opened at $327.24 on Monday. The company has a market capitalization of $73.65 billion, a P/E ratio of 48.05, a P/E/G ratio of 2.78 and a beta of 1.05. The company’s 50-day simple moving average is $331.32 and its two-hundred day simple moving average is $320.64. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year high of $358.00.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.02. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The company’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.20 earnings per share. 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. On average, research analysts expect that Hilton Worldwide Holdings Inc. will post 9.06 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s payout ratio is 8.81%.

Analyst Ratings Changes

A number of research firms recently weighed in on HLT. China Intl Cap raised shares of Hilton Worldwide to a “strong-buy” rating in a research report on Wednesday, August 12th. The Goldman Sachs Group upped their target price on Hilton Worldwide from $354.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group reiterated a “buy” rating and issued a $363.00 price target on shares of Hilton Worldwide in a report on Friday. CICC Research started coverage on Hilton Worldwide in a research note on Wednesday, August 12th. They set an “outperform” rating for the company. Finally, Truist Financial boosted their price objective on Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $353.82.

Hilton Worldwide 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.