Long Pond Capital Lp Lowers stake in Hilton Worldwide Holdings Inc (HLT)

Hilton Worldwide Holdings Inc (HLT) : Long Pond Capital Lp reduced its stake in Hilton Worldwide Holdings Inc by 15.18% during the most recent quarter end. The investment management company now holds a total of 5,597,770 shares of Hilton Worldwide Holdings Inc which is valued at $133,842,681 after selling 1,001,430 shares in Hilton Worldwide Holdings Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Hilton Worldwide Holdings Inc makes up approximately 6.53% of Long Pond Capital Lp’s portfolio.

Other Hedge Funds, Including , Loomis Sayles Co L P reduced its stake in HLT by selling 136,984 shares or 9.43% in the most recent quarter. The Hedge Fund company now holds 1,315,883 shares of HLT which is valued at $31,462,763. Hilton Worldwide Holdings Inc makes up approx 0.08% of Loomis Sayles Co L P’s portfolio. Trexquant Investment Lp added HLT to its portfolio by purchasing 10,001 company shares during the most recent quarter which is valued at $239,124. Hilton Worldwide Holdings Inc makes up approx 0.03% of Trexquant Investment Lp’s portfolio.Victory Capital Management Inc boosted its stake in HLT in the latest quarter, The investment management firm added 1,570 additional shares and now holds a total of 29,579 shares of Hilton Worldwide Holdings Inc which is valued at $699,839.Thompson Davis reduced its stake in HLT by selling 432 shares or 75.0% in the most recent quarter. The Hedge Fund company now holds 144 shares of HLT which is valued at $3,430. Hilton Worldwide Holdings Inc makes up approx 0.01% of Thompson Davis’s portfolio.Gargoyle Investment Advisor L.l.c. boosted its stake in HLT in the latest quarter, The investment management firm added 5,800 additional shares and now holds a total of 119,178 shares of Hilton Worldwide Holdings Inc which is valued at $2,761,354. Hilton Worldwide Holdings Inc makes up approx 0.98% of Gargoyle Investment Advisor L.l.c.’s portfolio.

Hilton Worldwide Holdings Inc closed down -0.02 points or -0.08% at $24 with 39,34,322 shares getting traded on Monday. Post opening the session at $24.01, the shares hit an intraday low of $23.98 and an intraday high of $24.18 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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