Universal Beteiligungs und Servicegesellschaft mbH Sells 3,941 Shares of Hilton Worldwide Holdings Inc. $HLT

Universal Beteiligungs und Servicegesellschaft mbH lessened its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 150,644 shares of the company’s stock after selling 3,941 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Hilton Worldwide worth $39,083,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of HLT. Clearstead Trust LLC bought a new stake in Hilton Worldwide during the 2nd quarter valued at $30,000. Sagard Holdings Management Inc. purchased a new position in shares of Hilton Worldwide during the second quarter valued at $30,000. Bank of Jackson Hole Trust raised its holdings in shares of Hilton Worldwide by 132.7% in the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after acquiring an additional 73 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its stake in Hilton Worldwide by 52.9% in the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after acquiring an additional 45 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in Hilton Worldwide by 59.8% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock worth $37,000 after acquiring an additional 52 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 research reports. Evercore ISI upped their price target on shares of Hilton Worldwide from $270.00 to $280.00 and gave the stock an “in-line” rating in a research report on Tuesday, October 14th. The Goldman Sachs Group upgraded Hilton Worldwide from a “neutral” rating to a “buy” rating and upped their target price for the stock from $285.00 to $317.00 in a report on Monday, December 15th. Robert W. Baird dropped their target price on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating on the stock in a research report on Friday, October 17th. Truist Financial boosted their price target on Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Finally, Wells Fargo & Company raised their price objective on Hilton Worldwide from $332.00 to $338.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $293.41.

Hilton Worldwide Trading Up 2.1%

Shares of HLT stock opened at $296.20 on Thursday. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $306.28. The business’s fifty day simple moving average is $285.45 and its 200-day simple moving average is $274.19. The company has a market cap of $68.85 billion, a PE ratio of 42.87, a PEG ratio of 2.47 and a beta of 1.15.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, October 22nd. The company reported $2.11 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.06. Hilton Worldwide had a negative return on equity of 42.78% and a net margin of 14.19%.The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same period in the previous year, the business earned $1.92 EPS. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

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.