Chartwell Investment Partners buys $108 Million stake in Hilton Worldwide Holdings Inc (HLT)

Hilton Worldwide Holdings Inc (HLT) : Chartwell Investment Partners scooped up 964,281 additional shares in Hilton Worldwide Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 5,024,006 shares of Hilton Worldwide Holdings Inc which is valued at $108 Million.Hilton Worldwide Holdings Inc makes up approximately 2.11% of Chartwell Investment Partners’s portfolio.

Other Hedge Funds, Including , Cipher Capital Lp sold out all of its stake in HLT during the most recent quarter. The investment firm sold 67,616 shares of HLT which is valued $1.5 Million.Ls Investment Advisors boosted its stake in HLT in the latest quarter, The investment management firm added 1,254 additional shares and now holds a total of 7,995 shares of Hilton Worldwide Holdings Inc which is valued at $171,893. Hilton Worldwide Holdings Inc makes up approx 0.01% of Ls Investment Advisors’s portfolio.Three Peaks Capital Management reduced its stake in HLT by selling 279,238 shares or 62.73% in the most recent quarter. The Hedge Fund company now holds 165,937 shares of HLT which is valued at $3.7 Million. Hilton Worldwide Holdings Inc makes up approx 0.66% of Three Peaks Capital Management’s portfolio.Macguire Cheswick Tuttle Investment Counsel reduced its stake in HLT by selling 9,320 shares or 2.93% in the most recent quarter. The Hedge Fund company now holds 309,015 shares of HLT which is valued at $6.8 Million. Hilton Worldwide Holdings Inc makes up approx 1.59% of Macguire Cheswick Tuttle Investment Counsel’s portfolio.American Century Companies Inc boosted its stake in HLT in the latest quarter, The investment management firm added 2,185,154 additional shares and now holds a total of 2,695,974 shares of Hilton Worldwide Holdings Inc which is valued at $59.4 Million. Hilton Worldwide Holdings Inc makes up approx 0.07% of American Century Companies Inc’s portfolio.

Hilton Worldwide Holdings Inc opened for trading at $21.55 and hit $21.85 on the upside on Monday, eventually ending the session at $21.76, with a gain of 1.21% or 0.26 points. The heightened volatility saw the trading volume jump to 44,13,958 shares. Company has a market cap of $21,537 M.

On the company’s financial health, Hilton Worldwide Holdings Inc reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.16. The company had revenue of $2750.00 million for the quarter, compared to analysts expectations of $2723.93 million. The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on Hilton Worldwide Holdings Inc. Credit Agricole Initiated Hilton Worldwide Holdings Inc on Apr 12, 2016 to “Buy”, Price Target of the shares are set at $27.Shares were Reiterated by FBR Capital on Feb 29, 2016 to “Outperform” and Lowered the Price Target to $ 31 from a previous price target of $32 .Shares were Reiterated by Barclays on Feb 29, 2016 to “Overweight” and Lowered the Price Target to $ 27 from a previous price target of $30 .

Hilton Worldwide Holdings Inc. is a hospitality company. The Company comprises of approximately 4322 hotels resorts and timeshare properties comprising of 715062 rooms in 94 countries and territories. The Company operates through three segments: management and franchise ownership and timeshare. The Company’s brands are Waldorf Astoria Hotels & Resorts Conrad Hotels & Resorts Canopy by Hilton Hilton Hotels & Resorts Curio–A Collection by Hilton DoubleTree by Hilton Embassy Suites Hotels Hilton Garden Inn Hampton Hotels Homewood Suites by Hilton Home2 Suites by Hilton and Hilton Grand Vacations. The Company also offers customer loyalty program which provides reward points for the guests for each stay at any of its more than 4300 hotels around the world which are then redeemable for free hotel nights and other rewards.

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