Multiple institutional investors recently changed their stakes in Hilton Worldwide. Independence Bank of Kentucky increased its investment by 66.7% in Q1, now holding 125 shares worth $27,000 after buying 50 additional shares. EdgeRock Capital LLC and Pinnacle Bancorp Inc. also bought new stakes worth about $33,000 and $34,000, respectively. Manchester Capital Management LLC raised its stake by 247.8%, owning 160 shares now valued at $34,000 after an additional purchase. NewSquare Capital LLC invested around $37,000 in Q2. Overall, institutional investors own 95.90% of Hilton Worldwide’s stock.
Insider Activity
Insider Laura Fuentes sold 4,919 shares on September 13 for $1,067,423 at an average price of $217. After the sale, she holds 15,949 shares valued at $3,460,933, marking no change in her overall position. Insiders currently own 2.50% of the stock.
Current Stock Performance
Hilton Worldwide Holdings Inc. (NYSE: HLT) opened at $238.13. The stock’s one-year low is $146.36, and its high is $239.25. The company has a market cap of $59.54 billion and a PE ratio of 51.77. In its latest earnings report on August 7, Hilton posted $1.91 EPS, exceeding expectations. Revenue for the quarter was $2.95 billion, up 10.9% from last year.
Dividend Information
Hilton recently declared a quarterly dividend of $0.15, paid on September 27 to investors who held stock as of August 23. This equates to an annual dividend of $0.60, giving a yield of 0.25%.
Analyst Ratings
Recent analyst reports set new price targets for Hilton, with Bank of America adjusting its target from $225 to $230 and maintaining a “buy” rating. Truist Financial lowered its target to $208, and JPMorgan raised its target from $200 to $216. Currently, Hilton has a “Moderate Buy” rating with a consensus target price of $213.95.
Check Out Our Latest Stock Report on Hilton Worldwide
About Hilton Worldwide
Hilton Worldwide operates hotels and resorts, focusing on management, franchising, and ownership. Its portfolio includes luxury, lifestyle, and economy hotel brands, among others.
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