Freestone Grove Partners LP Takes Position in Hilton Worldwide Holdings Inc. $HLT

Freestone Grove Partners LP bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 37,384 shares of the company’s stock, valued at approximately $12,354,000.

Several other large investors have also recently added to or reduced their stakes in HLT. BlackRock Inc. acquired a new position in shares of Hilton Worldwide in the second quarter valued at $6,271,258,000. Norges Bank acquired a new position in Hilton Worldwide in the fourth quarter valued at about $803,047,000. Jupiter Topco LLC acquired a new position in shares of Hilton Worldwide in the 2nd quarter worth approximately $663,882,000. Bank of New York Mellon Corp bought a new stake in shares of Hilton Worldwide during the second quarter worth $437,227,000. Finally, Legal & General Group Plc bought a new stake in Hilton Worldwide during the 2nd quarter worth about $389,475,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Robert W. Baird increased their price objective on Hilton Worldwide from $359.00 to $360.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Barclays upped their target price on shares of Hilton Worldwide from $367.00 to $368.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. China Intl Cap upgraded Hilton Worldwide to a “strong-buy” rating in a report on Wednesday, August 12th. Argus upped their target price 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. Finally, UBS Group reaffirmed a “buy” rating and set a $363.00 price target on shares of Hilton Worldwide in a research report on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $353.82.

View Our Latest Analysis on Hilton Worldwide

Hilton Worldwide Trading Down 2.1%

HLT opened at $325.48 on Friday. The stock has a market cap of $73.25 billion, a PE ratio of 47.79, a price-to-earnings-growth ratio of 2.82 and a beta of 1.05. The stock’s fifty day simple moving average is $328.48 and its 200 day simple moving average is $322.29. Hilton Worldwide Holdings Inc. has a 1-year low of $253.54 and a 1-year high of $358.00.

Hilton Worldwide (NYSE:HLTGet Free Report) last released 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 for the quarter, compared to analysts’ expectations of $3.32 billion. Hilton Worldwide had a net margin of 12.69% and a negative return on equity of 35.24%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.20 EPS. 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. Equities analysts forecast that Hilton Worldwide Holdings Inc. will post 9.08 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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

Hilton Worldwide Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report).

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.