Hilton Worldwide Holdings Inc. $HLT Shares Bought by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 14.5% in the third quarter, Holdings Channel reports. The institutional investor owned 21,132 shares of the company’s stock after acquiring an additional 2,678 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Hilton Worldwide were worth $5,482,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in HLT. Norges Bank purchased a new position in Hilton Worldwide in the second quarter worth approximately $676,201,000. Jennison Associates LLC lifted its stake in shares of Hilton Worldwide by 22.4% in the 2nd quarter. Jennison Associates LLC now owns 4,631,719 shares of the company’s stock valued at $1,233,612,000 after purchasing an additional 847,353 shares during the last quarter. Winslow Capital Management LLC grew its holdings 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 worth $504,532,000 after purchasing an additional 729,295 shares during the period. Raymond James Financial Inc. increased its position in shares of Hilton Worldwide by 126.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,138,294 shares of the company’s stock worth $303,173,000 after purchasing an additional 635,220 shares during the last quarter. Finally, SG Americas Securities LLC raised 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 valued at $53,834,000 after buying an additional 384,535 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have weighed in on HLT shares. Susquehanna increased their target price on shares of Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Robert W. Baird dropped their target price on shares of Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 17th. Wells Fargo & Company upped their price target on Hilton Worldwide from $332.00 to $338.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Morgan Stanley raised their price target on Hilton Worldwide from $289.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Finally, Barclays boosted their price objective on Hilton Worldwide from $297.00 to $309.00 and gave the company an “overweight” rating in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $297.33.

Hilton Worldwide Trading Up 0.7%

Hilton Worldwide stock opened at $298.02 on Monday. The firm has a market capitalization of $69.27 billion, a P/E ratio of 43.13, a P/E/G ratio of 2.54 and a beta of 1.15. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $306.28. The stock’s fifty day simple moving average is $286.54 and its 200-day simple moving average is $274.56.

Hilton Worldwide Profile

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.