Hudson Way Capital Management LLC Grows Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Hudson Way Capital Management LLC boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 44.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 250,633 shares of the company’s stock after buying an additional 76,712 shares during the period. Hilton Worldwide accounts for about 7.0% of Hudson Way Capital Management LLC’s investment portfolio, making the stock its 5th biggest holding. Hudson Way Capital Management LLC’s holdings in Hilton Worldwide were worth $61,946,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in Hilton Worldwide during the fourth quarter valued at approximately $694,787,000. JPMorgan Chase & Co. lifted its holdings in shares of Hilton Worldwide by 13.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company’s stock valued at $1,952,314,000 after purchasing an additional 919,424 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Hilton Worldwide by 26.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company’s stock worth $806,999,000 after purchasing an additional 685,023 shares in the last quarter. Marshall Wace LLP grew its stake in Hilton Worldwide by 426.9% during the 4th quarter. Marshall Wace LLP now owns 762,261 shares of the company’s stock worth $188,400,000 after buying an additional 617,604 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its position in Hilton Worldwide by 2,746.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company’s stock valued at $133,487,000 after buying an additional 484,436 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

HLT has been the subject of several recent analyst reports. Robert W. Baird raised their price target on Hilton Worldwide from $242.00 to $246.00 and gave the stock an “outperform” rating in a report on Wednesday, April 30th. Mizuho restated a “neutral” rating and set a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Evercore ISI lowered their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating for the company in a research note on Wednesday, April 23rd. Morgan Stanley cut their target price on Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Finally, Raymond James lifted their price target on Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $241.31.

Hilton Worldwide Price Performance

HLT opened at $243.18 on Friday. The company’s 50 day simple moving average is $225.49 and its two-hundred day simple moving average is $242.65. The firm has a market capitalization of $57.80 billion, a price-to-earnings ratio of 39.54, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. Hilton Worldwide Holdings Inc. has a 1-year low of $194.93 and a 1-year high of $275.22.

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

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.