Baader Bank Aktiengesellschaft Increases Stock Position in Hilton Worldwide Holdings Inc. $HLT

Baader Bank Aktiengesellschaft raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 10.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,625 shares of the company’s stock after acquiring an additional 1,678 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Hilton Worldwide were worth $4,561,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

HLT has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price objective on shares of Hilton Worldwide from $332.00 to $338.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Jefferies Financial Group increased their price target on shares of Hilton Worldwide from $322.00 to $339.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Macquarie Infrastructure raised their price objective on shares of Hilton Worldwide from $267.00 to $280.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Evercore upped their target price on Hilton Worldwide from $280.00 to $325.00 and gave the stock an “in-line” rating in a report on Thursday, January 22nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Hilton Worldwide in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $306.39.

Hilton Worldwide Stock Performance

HLT stock opened at $324.38 on Wednesday. The firm has a 50 day moving average price of $293.43 and a 200-day moving average price of $277.26. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $325.08. The firm has a market capitalization of $75.40 billion, a price-to-earnings ratio of 46.94, a PEG ratio of 2.65 and a beta of 1.13.

Hilton Worldwide Company Profile

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.