HighPoint Advisor Group LLC Buys 2,266 Shares of Hilton Worldwide Holdings Inc. $HLT

HighPoint Advisor Group LLC lifted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 77.2% in the third quarter, HoldingsChannel.com reports. The firm owned 5,202 shares of the company’s stock after purchasing an additional 2,266 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Hilton Worldwide were worth $1,350,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HLT. Railway Pension Investments Ltd lifted its stake in Hilton Worldwide by 15.0% in the third quarter. Railway Pension Investments Ltd now owns 38,400 shares of the company’s stock valued at $9,962,000 after buying an additional 5,000 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Hilton Worldwide by 10.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,287 shares of the company’s stock valued at $10,971,000 after acquiring an additional 4,155 shares during the last quarter. Partners Capital Investment Group LLP acquired a new stake in shares of Hilton Worldwide in the 3rd quarter valued at approximately $4,684,000. National Pension Service boosted its stake in Hilton Worldwide by 1.6% during the 3rd quarter. National Pension Service now owns 623,180 shares of the company’s stock worth $161,678,000 after acquiring an additional 9,954 shares during the last quarter. Finally, Allstate Corp acquired a new position in Hilton Worldwide during the third quarter valued at approximately $2,161,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide News Roundup

Here are the key news stories impacting Hilton Worldwide this week:

Hilton Worldwide Stock Performance

NYSE HLT opened at $308.36 on Friday. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $310.40. The stock’s 50 day moving average price is $291.37 and its two-hundred day moving average price is $276.20. The stock has a market capitalization of $71.67 billion, a price-to-earnings ratio of 44.63, a PEG ratio of 2.63 and a beta of 1.13.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Hilton Worldwide from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday. Barclays lifted their target price on Hilton Worldwide from $297.00 to $309.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. TD Cowen increased their price target on Hilton Worldwide from $297.00 to $330.00 in a report on Tuesday. Sanford C. Bernstein lifted their price objective on Hilton Worldwide from $285.00 to $304.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Finally, BMO Capital Markets raised their target price on shares of Hilton Worldwide from $275.00 to $320.00 and gave the stock a “market perform” rating in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and a consensus target price of $306.39.

View Our Latest Stock Report on Hilton Worldwide

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 Stories

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

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