Hbk Investments L P buys $81,604,830 stake in Hilton Worldwide Holdings Inc (HLT)

Hilton Worldwide Holdings Inc (HLT) : Hbk Investments L P scooped up 1,338,100 additional shares in Hilton Worldwide Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 3,413,000 shares of Hilton Worldwide Holdings Inc which is valued at $81,604,830.Hilton Worldwide Holdings Inc makes up approximately 1.67% of Hbk Investments L P’s portfolio.

Other Hedge Funds, Including , Alyeska Investment Group sold out all of its stake in HLT during the most recent quarter. The investment firm sold 96,202 shares of HLT which is valued $2,300,190. Hgi Capital Management sold out all of its stake in HLT during the most recent quarter. The investment firm sold 139,940 shares of HLT which is valued $3,345,965. State Of Tennessee Treasury Department added HLT to its portfolio by purchasing 105,000 company shares during the most recent quarter which is valued at $2,510,550. Hilton Worldwide Holdings Inc makes up approx 0.01% of State Of Tennessee Treasury Department’s portfolio.Aperio Group boosted its stake in HLT in the latest quarter, The investment management firm added 11,390 additional shares and now holds a total of 98,597 shares of Hilton Worldwide Holdings Inc which is valued at $2,357,454. Hilton Worldwide Holdings Inc makes up approx 0.02% of Aperio Group’s portfolio.Emerald Advisers Incpa reduced its stake in HLT by selling 1,087 shares or 0.94% in the most recent quarter. The Hedge Fund company now holds 114,393 shares of HLT which is valued at $2,652,774. Hilton Worldwide Holdings Inc makes up approx 0.12% of Emerald Advisers Incpa’s portfolio.

Hilton Worldwide Holdings Inc closed down -0.1 points or -0.42% at $23.77 with 96,14,956 shares getting traded on Thursday. Post opening the session at $24.06, the shares hit an intraday low of $23.6 and an intraday high of $24.06 and the price fluctuated in this range throughout the day.Shares ended Thursday 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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