Hilton Worldwide Holdings Inc (HLT) : Ashford Investment Management has sold out all of its stake in Hilton Worldwide Holdings Inc during the most recent quarter, according to the disclosure filed by the company on May 12, 2016 with the SEC. The investment management company has sold out 70,600 shares of Hilton Worldwide Holdings Inc which is valued at $1.5 Million.
Other Hedge Funds, Including , Primecap Management Coca boosted its stake in HLT in the latest quarter, The investment management firm added 618,800 additional shares and now holds a total of 1,082,800 shares of Hilton Worldwide Holdings Inc which is valued at $23.3 Million. Hilton Worldwide Holdings Inc makes up approx 0.03% of Primecap Management Coca’s portfolio.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.Thompson Davis reduced its stake in HLT by selling 9 shares or 1.54% in the most recent quarter. The Hedge Fund company now holds 576 shares of HLT which is valued at $12,689. Hilton Worldwide Holdings Inc makes up approx 0.02% of Thompson Davis’s portfolio. Decatur Capital Management added HLT to its portfolio by purchasing 602,475 company shares during the most recent quarter which is valued at $13.3 Million. Hilton Worldwide Holdings Inc makes up approx 1.74% of Decatur Capital Management’s portfolio.Alexandria Capital reduced its stake in HLT by selling 1 shares or 0.6% in the most recent quarter. The Hedge Fund company now holds 165 shares of HLT which is valued at $3,638.
Hilton Worldwide Holdings Inc closed down -0.08 points or -0.39% at $20.54 with 64,23,022 shares getting traded on Friday. Post opening the session at $20.64, the shares hit an intraday low of $20.5 and an intraday high of $20.8 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
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. Hilton Worldwide Holdings Inc was Downgraded by BofA/Merrill to ” Neutral” on May 19, 2016. 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 .
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 Companys brands are Waldorf Astoria Hotels & Resorts Conrad Hotels & Resorts Canopy by Hilton Hilton Hotels & Resorts CurioA 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.