Partners Capital Investment Group LLP Makes New $4.68 Million Investment in Hilton Worldwide Holdings Inc. $HLT

Partners Capital Investment Group LLP purchased a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,053 shares of the company’s stock, valued at approximately $4,684,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in Hilton Worldwide by 25.6% in the 1st quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock worth $520,000 after buying an additional 465 shares during the period. Empowered Funds LLC boosted its stake in shares of Hilton Worldwide by 37.4% in the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock worth $1,396,000 after acquiring an additional 1,669 shares during the period. Woodline Partners LP grew its position in shares of Hilton Worldwide by 38.8% during the first quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock worth $4,625,000 after purchasing an additional 5,687 shares in the last quarter. Intech Investment Management LLC raised its stake in Hilton Worldwide by 112.4% during the 1st quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock valued at $1,247,000 after purchasing an additional 2,899 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in Hilton Worldwide by 182.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock worth $76,000 after purchasing an additional 215 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on HLT shares. Susquehanna increased their price objective on shares of Hilton Worldwide from $245.00 to $255.00 and gave the company a “neutral” rating in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Hilton Worldwide in a research report on Monday, December 29th. Macquarie raised their target price on shares of Hilton Worldwide from $267.00 to $280.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Truist Financial boosted their price target on shares of Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Finally, HSBC increased their price objective on shares of Hilton Worldwide from $307.00 to $319.00 and gave the company a “buy” rating in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $297.33.

Hilton Worldwide Stock Performance

Shares of HLT opened at $298.02 on Friday. The stock has a market capitalization of $69.27 billion, a PE ratio of 43.13, a P/E/G ratio of 2.54 and a beta of 1.15. The company’s fifty day moving average is $286.54 and its 200 day moving average is $274.54. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $306.28.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Wednesday, October 22nd. The company reported $2.11 EPS for the quarter, beating analysts’ consensus estimates of $2.05 by $0.06. The firm had revenue of $1.30 billion during 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%. The firm’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.92 EPS. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

About Hilton Worldwide

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.