Hilton Worldwide Holdings Inc. $HLT Shares Acquired by Skandinaviska Enskilda Banken AB publ
by Amy Steele · The Cerbat GemSkandinaviska Enskilda Banken AB publ boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 1.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 228,669 shares of the company’s stock after acquiring an additional 4,043 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned 0.10% of Hilton Worldwide worth $60,904,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in HLT. Clearstead Trust LLC purchased a new stake in shares of Hilton Worldwide during the second quarter worth about $30,000. Bank of Jackson Hole Trust increased its stake in Hilton Worldwide by 132.7% during the 2nd quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock worth $34,000 after buying an additional 73 shares in the last quarter. Cullen Frost Bankers Inc. raised its holdings in shares of Hilton Worldwide by 59.8% during the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock valued at $37,000 after acquiring an additional 52 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of Hilton Worldwide in the second quarter valued at approximately $39,000. Finally, LRI Investments LLC boosted its stake in shares of Hilton Worldwide by 84.1% in the second quarter. LRI Investments LLC now owns 151 shares of the company’s stock worth $40,000 after acquiring an additional 69 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.
Hilton Worldwide Trading Up 0.4%
Shares of HLT stock opened at $285.87 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $287.31. The company’s 50-day moving average price is $265.75 and its 200-day moving average price is $264.53. The stock has a market cap of $66.44 billion, a price-to-earnings ratio of 41.37, a PEG ratio of 2.94 and a beta of 1.20.
Hilton Worldwide (NYSE:HLT – Get Free Report) last issued its earnings results on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.06. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $3.01 billion. Hilton Worldwide had a net margin of 14.19% and a negative return on equity of 42.78%. Hilton Worldwide’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.92 earnings per share. Hilton Worldwide has set its Q4 2025 guidance at 1.940-2.030 EPS. FY 2025 guidance at 7.970-8.060 EPS. As a group, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.
Hilton Worldwide Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, November 21st will be issued a $0.15 dividend. The ex-dividend date is Friday, November 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio is currently 8.68%.
Analysts Set New Price Targets
HLT has been the subject of several recent research reports. Evercore ISI increased their price objective on Hilton Worldwide from $270.00 to $280.00 and gave the company an “in-line” rating in a research note on Tuesday, October 14th. Robert W. Baird dropped their target price on shares of Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 17th. Susquehanna raised their price target on shares of Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Jefferies Financial Group boosted their price target on shares of Hilton Worldwide from $311.00 to $312.00 and gave the stock a “buy” rating in a research report on Friday, October 17th. Finally, Barclays increased their price objective on shares of Hilton Worldwide from $288.00 to $297.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and a consensus target price of $283.31.
About Hilton Worldwide
Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.
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