Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Bought by Morgens Waterfall Vintiadis & Co. Inc.

Morgens Waterfall Vintiadis & Co. Inc. boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 16.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 21,500 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. Hilton Worldwide accounts for about 4.1% of Morgens Waterfall Vintiadis & Co. Inc.’s holdings, making the stock its 13th biggest position. Morgens Waterfall Vintiadis & Co. Inc.’s holdings in Hilton Worldwide were worth $5,314,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Noble Wealth Management PBC acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at $27,000. VSM Wealth Advisory LLC acquired a new stake in Hilton Worldwide during the fourth quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Hilton Worldwide during the fourth quarter valued at approximately $34,000. Sierra Ocean LLC acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at $36,000. Finally, Hopwood Financial Services Inc. bought a new position in Hilton Worldwide during the fourth quarter worth about $41,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

HLT has been the topic of a number of recent analyst reports. Macquarie reduced their price target on shares of Hilton Worldwide from $245.00 to $240.00 and set a “neutral” rating on the stock in a research report on Friday, May 2nd. Morgan Stanley lowered their price target on shares of Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Susquehanna raised their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Jefferies Financial Group raised Hilton Worldwide from a “hold” rating to a “buy” rating and raised their price objective for the stock from $228.00 to $296.00 in a research note on Monday. Finally, Wells Fargo & Company raised their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $245.56.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $257.00 on Wednesday. The firm has a market cap of $61.09 billion, a P/E ratio of 41.79, a P/E/G ratio of 2.86 and a beta of 1.23. The business’s 50 day moving average price is $225.48 and its 200-day moving average price is $242.91. Hilton Worldwide Holdings Inc. has a fifty-two week low of $194.93 and a fifty-two week high of $275.22.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating the consensus estimate 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 company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the firm posted $1.53 EPS. Hilton Worldwide’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

About Hilton Worldwide

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.