TD Waterhouse Canada Inc. Increases Holdings in Hilton Worldwide Holdings Inc. $HLT

TD Waterhouse Canada Inc. lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 99.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,526 shares of the company’s stock after purchasing an additional 7,753 shares during the period. TD Waterhouse Canada Inc.’s holdings in Hilton Worldwide were worth $3,994,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Clearstead Trust LLC purchased a new stake in shares of Hilton Worldwide during the 2nd quarter valued at approximately $30,000. Sagard Holdings Management Inc. bought a new stake in Hilton Worldwide during the 2nd quarter valued at $30,000. Bank of Jackson Hole Trust lifted its position in shares of Hilton Worldwide by 132.7% during the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock worth $34,000 after acquiring an additional 73 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake in Hilton Worldwide by 52.9% in the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after purchasing an additional 45 shares during the period. Finally, Cullen Frost Bankers Inc. boosted its position in shares of Hilton Worldwide by 59.8% in the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock valued at $37,000 after acquiring an additional 52 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Down 0.2%

Shares of NYSE:HLT opened at $298.64 on Friday. The firm has a fifty day simple moving average of $289.48 and a two-hundred day simple moving average of $275.28. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $306.28. The stock has a market capitalization of $69.41 billion, a P/E ratio of 43.22, a PEG ratio of 2.55 and a beta of 1.15.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Barclays upped their target price on shares of Hilton Worldwide from $297.00 to $309.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Susquehanna raised their price target on Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. Macquarie raised their price objective on Hilton Worldwide from $267.00 to $280.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Hilton Worldwide in a report on Monday, December 29th. Finally, Morgan Stanley upped their target price on shares of Hilton Worldwide from $289.00 to $306.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Hilton Worldwide has an average rating of “Moderate Buy” and a consensus target price of $297.33.

Hilton Worldwide Company 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.