Korea Investment CORP bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 116,127 shares of the company’s stock, valued at approximately $38,375,000. Korea Investment CORP owned about 0.05% of Hilton Worldwide as of its most recent filing with the SEC.
Several other hedge funds also recently bought and sold shares of the stock. Frazier Financial Advisors LLC purchased a new stake in shares of Hilton Worldwide in the second quarter valued at $25,000. IMG Wealth Management Inc. acquired a new stake in shares of Hilton Worldwide during the second quarter valued at $26,000. Trust Co. of Vermont purchased a new stake in Hilton Worldwide during the 2nd quarter worth about $26,000. Kemnay Advisory Services Inc. acquired a new position in Hilton Worldwide in the 4th quarter valued at about $26,000. Finally, Elevation Wealth Partners LLC raised its stake in Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after purchasing an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on HLT. Argus raised their price target on shares of Hilton Worldwide from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, June 15th. Bank of America boosted their price objective on shares of Hilton Worldwide from $324.00 to $375.00 in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price objective on the stock in a research note on Wednesday, August 12th. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $359.00 to $360.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Finally, Rothschild & Co Redburn boosted their price target on Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $353.82.
Hilton Worldwide Stock Performance
HLT opened at $326.76 on Friday. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The company’s 50 day simple moving average is $330.05 and its 200 day simple moving average is $321.58. The stock has a market capitalization of $73.54 billion, a PE ratio of 47.98, a P/E/G ratio of 2.77 and a beta of 1.05.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.29 EPS for the quarter, topping the consensus estimate of $2.27 by $0.02. The firm had revenue of $1.38 billion during the quarter, compared to analyst estimates of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. Hilton Worldwide’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the prior year, the business 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. As a group, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current fiscal year.
Hilton Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, August 21st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 8.81%.
About Hilton Worldwide
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.
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