Truist Financial Corp Sells 2,176 Shares of Hilton Worldwide Holdings Inc. $HLT

Truist Financial Corp lessened its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,026 shares of the company’s stock after selling 2,176 shares during the period. Truist Financial Corp’s holdings in Hilton Worldwide were worth $13,508,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Caitlin John LLC acquired a new stake in Hilton Worldwide during the 3rd quarter worth about $32,000. ST Germain D J Co. Inc. bought a new stake in shares of Hilton Worldwide during the 4th quarter valued at about $33,000. Atlantic Edge Private Wealth Management LLC grew its stake in Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after purchasing an additional 45 shares during the period. Ameritas Advisory Services LLC increased its holdings in Hilton Worldwide by 110.6% in the third quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock worth $36,000 after purchasing an additional 73 shares in the last quarter. Finally, BOCHK Asset Management Ltd acquired a new position in Hilton Worldwide in the fourth quarter valued at approximately $43,000. Institutional investors own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on HLT shares. Wells Fargo & Company raised their price objective on shares of Hilton Worldwide from $373.00 to $376.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 14th. BMO Capital Markets raised their price target on shares of Hilton Worldwide from $325.00 to $345.00 and gave the stock a “market perform” rating in a report on Thursday, April 23rd. Rothschild & Co Redburn lifted their price target on shares of Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a research note on Wednesday, April 29th. Robert W. Baird upped their price objective on shares of Hilton Worldwide from $285.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Finally, Barclays raised their target price on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Hilton Worldwide presently has an average rating of “Moderate Buy” and a consensus target price of $348.59.

Insider Buying and Selling

In other news, insider Christopher J. Nassetta sold 114,289 shares of the stock in a transaction that occurred 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 completion of the sale, the insider directly owned 36,445 shares of the company’s stock, valued at $11,570,194.15. This represents a 75.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.70% of the company’s stock.

Hilton Worldwide Trading Down 0.3%

Shares of HLT stock opened at $320.55 on Friday. The firm has a fifty day simple moving average of $312.34 and a two-hundred day simple moving average of $296.43. Hilton Worldwide Holdings Inc. has a 12 month low of $240.76 and a 12 month high of $344.75. The firm has a market capitalization of $72.97 billion, a PE ratio of 48.94, a price-to-earnings-growth ratio of 2.81 and a beta of 1.06.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Tuesday, April 28th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.03. The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $2.95 billion. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm earned $1.72 earnings per share. 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. On average, equities analysts predict that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, May 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s payout ratio is 9.16%.

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.