Raiffeisen Bank International AG Makes New Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Raiffeisen Bank International AG bought a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,572 shares of the company’s stock, valued at approximately $638,000.

A number of other large investors have also recently made changes to their positions in the business. Jones Financial Companies Lllp increased its position in Hilton Worldwide by 194.8% during the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company’s stock valued at $651,000 after purchasing an additional 1,740 shares during the period. Amundi increased its position in Hilton Worldwide by 24.2% during the 4th quarter. Amundi now owns 953,938 shares of the company’s stock valued at $232,098,000 after buying an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Hilton Worldwide by 2.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company’s stock worth $55,774,000 after acquiring an additional 4,846 shares during the last quarter. SVB Wealth LLC bought a new position in shares of Hilton Worldwide during the fourth quarter valued at $1,138,000. Finally, NewEdge Wealth LLC raised its position in shares of Hilton Worldwide by 16.8% in the 4th quarter. NewEdge Wealth LLC now owns 7,120 shares of the company’s stock worth $1,760,000 after purchasing an additional 1,023 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Price Performance

Hilton Worldwide stock opened at $255.76 on Friday. The firm’s 50 day moving average price is $226.35 and its 200-day moving average price is $243.23. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22. The stock has a market cap of $60.79 billion, a P/E ratio of 41.59, a PEG ratio of 2.86 and a beta of 1.23.

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

Analysts Set New Price Targets

Several research analysts have issued reports on HLT shares. Mizuho reaffirmed a “neutral” rating and issued a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Evercore ISI reduced their price objective on Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating for the company in a report on Wednesday, April 23rd. Barclays lowered their price objective on shares of Hilton Worldwide from $233.00 to $232.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 30th. Jefferies Financial Group upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and boosted their price target for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Finally, Robert W. Baird increased their price target on shares of Hilton Worldwide from $242.00 to $246.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 30th. Eleven analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $245.56.

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.