Interval Partners LP Has $13.13 Million Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Interval Partners LP cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 37.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 53,119 shares of the company’s stock after selling 31,801 shares during the quarter. Interval Partners LP’s holdings in Hilton Worldwide were worth $13,129,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Harbor Capital Advisors Inc. increased its stake in Hilton Worldwide by 2.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 8,655 shares of the company’s stock valued at $2,139,000 after buying an additional 212 shares during the period. Czech National Bank grew its holdings in shares of Hilton Worldwide by 5.3% during the 4th quarter. Czech National Bank now owns 52,857 shares of the company’s stock valued at $13,064,000 after acquiring an additional 2,658 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Hilton Worldwide in the fourth quarter worth $1,246,000. Wedmont Private Capital increased its stake in shares of Hilton Worldwide by 8.1% in the fourth quarter. Wedmont Private Capital now owns 3,442 shares of the company’s stock worth $828,000 after acquiring an additional 258 shares during the last quarter. Finally, Cooper Financial Group boosted its position in Hilton Worldwide by 12.4% during the fourth quarter. Cooper Financial Group now owns 3,637 shares of the company’s stock valued at $899,000 after purchasing an additional 401 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $243.18 on Friday. Hilton Worldwide Holdings Inc. has a 12 month low of $194.93 and a 12 month high of $275.22. The company has a market cap of $57.80 billion, a P/E ratio of 39.54, a P/E/G ratio of 2.86 and a beta of 1.23. The business’s 50 day moving average is $225.49 and its two-hundred day moving average is $242.65.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the previous year, the firm posted $1.53 earnings per share. Hilton Worldwide’s revenue was up 4.7% compared to the same quarter last year. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Susquehanna upped their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Truist Financial cut their price objective on shares of Hilton Worldwide from $251.00 to $223.00 and set a “hold” rating on the stock in a research report on Wednesday, April 30th. The Goldman Sachs Group reissued a “neutral” rating and issued a $235.00 target price (down from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Evercore ISI cut their price target on shares of Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating on the stock in a report on Wednesday, April 23rd. Finally, Morgan Stanley decreased their price objective on shares of Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. Twelve research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $241.31.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.