UniSuper Management Pty Ltd Boosts Stake in Hilton Worldwide Holdings Inc. $HLT

UniSuper Management Pty Ltd increased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 14.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,132 shares of the company’s stock after acquiring an additional 2,678 shares during the period. UniSuper Management Pty Ltd’s holdings in Hilton Worldwide were worth $5,482,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new stake in Hilton Worldwide in the second quarter valued at approximately $676,201,000. Jennison Associates LLC lifted its position in shares of Hilton Worldwide by 22.4% during the 2nd quarter. Jennison Associates LLC now owns 4,631,719 shares of the company’s stock valued at $1,233,612,000 after buying an additional 847,353 shares in the last quarter. Winslow Capital Management LLC lifted its position in shares of Hilton Worldwide by 62.6% during the 2nd quarter. Winslow Capital Management LLC now owns 1,894,315 shares of the company’s stock valued at $504,532,000 after buying an additional 729,295 shares in the last quarter. Raymond James Financial Inc. grew its stake in Hilton Worldwide by 126.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company’s stock valued at $303,173,000 after acquiring an additional 635,220 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Hilton Worldwide by 210.8% in the 2nd quarter. SG Americas Securities LLC now owns 202,124 shares of the company’s stock worth $53,834,000 after acquiring an additional 384,535 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock opened at $298.02 on Monday. The business’s 50 day moving average price is $286.54 and its 200 day moving average price is $274.56. The company has a market cap of $69.27 billion, a price-to-earnings ratio of 43.13, a PEG ratio of 2.54 and a beta of 1.15. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $306.28.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on HLT shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Hilton Worldwide in a research report on Monday, December 29th. Robert W. Baird cut their price objective on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating for the company in a research note on Friday, October 17th. Barclays lifted their price target on Hilton Worldwide from $297.00 to $309.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. BMO Capital Markets increased their price objective on Hilton Worldwide from $275.00 to $320.00 and gave the company a “market perform” rating in a research note on Friday, January 9th. Finally, Jefferies Financial Group lifted their target price on shares of Hilton Worldwide from $322.00 to $339.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $297.33.

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.