Long Pond Capital Lp adds Hilton Worldwide Holdings Inc (HLT) to its portfolio

Hilton Worldwide Holdings Inc (HLT) : Long Pond Capital Lp added new position in Hilton Worldwide Holdings Inc during the most recent quarter end. The investment management firm now holds 6,599,200 shares of Hilton Worldwide Holdings Inc which is valued at $141.9 Million , the company said in a statement filed on May 13, 2016 with the SEC.Hilton Worldwide Holdings Inc makes up approximately 7.43% of Long Pond Capital Lp’s portfolio.

Other Hedge Funds, Including , Driehaus Capital Management reduced its stake in HLT by selling 136,613 shares or 64.12% in the most recent quarter. The Hedge Fund company now holds 76,445 shares of HLT which is valued at $1.6 Million. Hilton Worldwide Holdings Inc makes up approx 0.06% of Driehaus Capital Management’s portfolio.United Services Automobile Association reduced its stake in HLT by selling 372,873 shares or 51.14% in the most recent quarter. The Hedge Fund company now holds 356,197 shares of HLT which is valued at $7.7 Million. Hilton Worldwide Holdings Inc makes up approx 0.03% of United Services Automobile Association’s portfolio.Victory Capital Management Inc reduced its stake in HLT by selling 640 shares or 2.23% in the most recent quarter. The Hedge Fund company now holds 28,009 shares of HLT which is valued at $602,194.California Public Employees Retirement System boosted its stake in HLT in the latest quarter, The investment management firm added 263,300 additional shares and now holds a total of 1,019,576 shares of Hilton Worldwide Holdings Inc which is valued at $22.5 Million. Hilton Worldwide Holdings Inc makes up approx 0.04% of California Public Employees Retirement System’s portfolio.Public Employees Retirement Association Of Colorado boosted its stake in HLT in the latest quarter, The investment management firm added 79,041 additional shares and now holds a total of 109,998 shares of Hilton Worldwide Holdings Inc which is valued at $2.4 Million. Hilton Worldwide Holdings Inc makes up approx 0.02% of Public Employees Retirement Association Of Colorado’s portfolio.

Hilton Worldwide Holdings Inc opened for trading at $20.85 and hit $21.08 on the upside on Wednesday, eventually ending the session at $20.96, with a gain of 0.58% or 0.12 points. The heightened volatility saw the trading volume jump to 95,79,009 shares. Company has a market cap of $20,746 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. 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 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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