Hilton Worldwide Holdings Inc. $HLT Stock: International Assets Investment Management LLC Grows Holdings

International Assets Investment Management LLC raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 7,230.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 95,000 shares of the company’s stock after purchasing an additional 93,704 shares during the quarter. International Assets Investment Management LLC’s holdings in Hilton Worldwide were worth $30,221,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of HLT. BlackRock Inc. bought a new stake in shares of Hilton Worldwide in the 2nd quarter worth $6,271,258,000. Bank of America Corp DE lifted its holdings in shares of Hilton Worldwide by 0.7% in the first quarter. Bank of America Corp DE now owns 5,946,576 shares of the company’s stock valued at $1,808,235,000 after buying an additional 40,343 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of Hilton Worldwide by 13.5% in the first quarter. Janus Henderson Group PLC now owns 2,043,316 shares of the company’s stock valued at $603,733,000 after buying an additional 242,916 shares during the period. Jupiter Topco LLC bought a new position in Hilton Worldwide during the second quarter valued at about $663,882,000. Finally, Amundi boosted its stake in Hilton Worldwide by 2.7% during the second quarter. Amundi now owns 1,374,729 shares of the company’s stock valued at $454,293,000 after buying an additional 36,303 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide News Summary

Here are the key news stories impacting Hilton Worldwide this week:

• Positive Sentiment: Mizuho upgraded Hilton to “outperform” from “neutral” and lifted its price target to $421 from $329, implying substantial upside from recent trading levels. The upgrade reflects increased confidence in Hilton’s earnings and growth outlook. Mizuho upgrade article
• Positive Sentiment: Goldman Sachs maintained a Buy rating on HLT, while Susquehanna, Wells Fargo and Robert W. Baird issued favorable outlooks or increased their price targets. The cluster of supportive recommendations may reinforce the bullish sentiment surrounding the stock. Goldman Sachs coverage Susquehanna forecast Wells Fargo price target Baird outlook
• Neutral Sentiment: Analyst commentary on consumer-cyclical companies, including Hilton, adds visibility but does not introduce a major new operating catalyst. Hilton’s latest reported quarter showed earnings above consensus and year-over-year revenue growth, supporting the favorable analyst tone. Consumer cyclical analyst commentary
• Negative Sentiment: Barclays lowered its expectations for Hilton’s stock price, creating a counterpoint to the broader analyst optimism and potentially limiting near-term gains. Barclays Hilton outlook
• Negative Sentiment: Chief financial officer Kevin Jacobs sold 151,050 HLT shares for approximately $53.8 million, reducing his holdings by 33.96%. Although insider sales can be planned for personal or diversification reasons, the transaction may weigh on sentiment because it occurred while the stock was near record highs. SEC insider sale filing

Insiders Place Their Bets

In other Hilton Worldwide news, Director Chris Carr sold 439 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the completion of the sale, the director directly owned 8,252 shares of the company’s stock, valued at approximately $2,560,925.68. This represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Laura Fuentes sold 7,289 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the sale, the insider directly owned 33,458 shares of the company’s stock, valued at $10,365,622.98. This represents a 17.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 158,778 shares of company stock worth $56,196,944. Company insiders own 2.70% of the company’s stock.

Hilton Worldwide Stock Down 0.0%

Shares of NYSE HLT opened at $356.92 on Friday. The stock’s fifty day simple moving average is $325.02 and its 200 day simple moving average is $320.76. The stock has a market capitalization of $79.41 billion, a price-to-earnings ratio of 48.23, a PEG ratio of 2.80 and a beta of 1.10. Hilton Worldwide Holdings Inc. has a 52-week low of $253.54 and a 52-week high of $364.50.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Tuesday, October 27th. The company reported $2.45 EPS for the quarter, beating the consensus estimate of $2.37 by $0.08. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. The business had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the prior year, the business posted $2.11 earnings per share. Hilton Worldwide’s revenue was up 6.6% compared to the same quarter last year. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 9.14 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 29th. Shareholders of record on Tuesday, December 1st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Tuesday, December 1st. Hilton Worldwide’s payout ratio is presently 8.11%.

Wall Street Analysts Forecast Growth

HLT has been the topic of several research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $390.00 price target on shares of Hilton Worldwide in a research report on Wednesday. Wolfe Research started coverage on shares of Hilton Worldwide in a report on Wednesday, September 2nd. They issued a “peer perform” rating for the company. Barclays reduced their price objective on shares of Hilton Worldwide from $384.00 to $375.00 and set an “overweight” rating for the company in a research report on Wednesday. TD Cowen raised shares of Hilton Worldwide to a “strong-buy” rating in a research note on Tuesday, September 8th. Finally, Argus set a $410.00 target price on shares of Hilton Worldwide and gave the stock a “buy” rating in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $363.57.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio includes brands such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites, Hampton by Hilton, Hilton Garden Inn, Homewood Suites, Home2 Suites and Tru by Hilton.

The company provides accommodations and related services for business and leisure travelers, including guest rooms, meeting and event facilities, food and beverage operations, resort amenities and loyalty program benefits through Hilton Honors.