Hilton Worldwide Holdings Inc (HLT) : Grs Advisors added new position in Hilton Worldwide Holdings Inc during the most recent quarter end. The investment management firm now holds 794,700 shares of Hilton Worldwide Holdings Inc which is valued at $19,001,277 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hilton Worldwide Holdings Inc makes up approximately 5.13% of Grs Advisors’s portfolio.
Other Hedge Funds, Including , Sta Wealth Management added HLT to its portfolio by purchasing 16,080 company shares during the most recent quarter which is valued at $384,473. Hilton Worldwide Holdings Inc makes up approx 0.19% of Sta Wealth Management’s portfolio.Profund Advisors reduced its stake in HLT by selling 603 shares or 5.5% in the most recent quarter. The Hedge Fund company now holds 10,358 shares of HLT which is valued at $247,660. Hilton Worldwide Holdings Inc makes up approx 0.01% of Profund Advisors’s portfolio. Cornerstone Capital Management Holdings. sold out all of its stake in HLT during the most recent quarter. The investment firm sold 27,068 shares of HLT which is valued $647,196.Analytic Investors reduced its stake in HLT by selling 210,508 shares or 95.93% in the most recent quarter. The Hedge Fund company now holds 8,932 shares of HLT which is valued at $213,564.Macguire Cheswick Tuttle Investment Counsel reduced its stake in HLT by selling 21,275 shares or 6.88% in the most recent quarter. The Hedge Fund company now holds 287,740 shares of HLT which is valued at $7,003,592. Hilton Worldwide Holdings Inc makes up approx 1.50% of Macguire Cheswick Tuttle Investment Counsel’s portfolio.
Hilton Worldwide Holdings Inc opened for trading at $23.64 and hit $23.76 on the upside on Wednesday, eventually ending the session at $23.65, with a gain of 0.08% or 0.02 points. The heightened volatility saw the trading volume jump to 2,962,841 shares. Company has a market cap of $23,408 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 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.