Hilton Capital Management adds Hilton Worldwide Holdings Inc (HLT) to its portfolio

Hilton Worldwide Holdings Inc (HLT) : Hilton Capital Management added new position in Hilton Worldwide Holdings Inc during the most recent quarter end. The investment management firm now holds 9,000 shares of Hilton Worldwide Holdings Inc which is valued at $208,530 , the company said in a statement filed on Jul 26, 2016 with the SEC.Hilton Worldwide Holdings Inc makes up approximately 0.07% of Hilton Capital Management’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in HLT in the latest quarter, The investment management firm added 6,296 additional shares and now holds a total of 24,303 shares of Hilton Worldwide Holdings Inc which is valued at $563,101.Financial Architects Inc boosted its stake in HLT in the latest quarter, The investment management firm added 1,566 additional shares and now holds a total of 1,916 shares of Hilton Worldwide Holdings Inc which is valued at $44,394. Hilton Worldwide Holdings Inc makes up approx 0.01% of Financial Architects Inc’s portfolio.British Columbia Investment Management Corp boosted its stake in HLT in the latest quarter, The investment management firm added 30,299 additional shares and now holds a total of 464,574 shares of Hilton Worldwide Holdings Inc which is valued at $10,838,511. Hilton Worldwide Holdings Inc makes up approx 0.09% of British Columbia Investment Management Corp’s portfolio.

Hilton Worldwide Holdings Inc opened for trading at $22.81 and hit $23.22 on the upside on Friday, eventually ending the session at $23.19, with a gain of 1.31% or 0.3 points. The heightened volatility saw the trading volume jump to 1,10,99,043 shares. Company has a market cap of $22,953 M.

On the company’s financial health, Hilton Worldwide Holdings Inc reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.26. The company had revenue of $3051.00 million for the quarter, compared to analysts expectations of $3051.49 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 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.

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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