Mutual of America Capital Management LLC Has $9.38 Million Holdings in Hilton Worldwide Holdings Inc. $HLT

Mutual of America Capital Management LLC grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 17.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 36,146 shares of the company’s stock after acquiring an additional 5,465 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Hilton Worldwide were worth $9,378,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in HLT. Vanguard Group Inc. lifted its stake in Hilton Worldwide by 0.8% in the 2nd quarter. Vanguard Group Inc. now owns 25,311,212 shares of the company’s stock valued at $6,741,388,000 after purchasing an additional 196,126 shares during the last quarter. State Street Corp boosted its holdings in shares of Hilton Worldwide by 0.9% during the 2nd quarter. State Street Corp now owns 9,595,709 shares of the company’s stock valued at $2,555,721,000 after acquiring an additional 86,689 shares in the last quarter. Geode Capital Management LLC increased its holdings in Hilton Worldwide by 2.8% in the 2nd quarter. Geode Capital Management LLC now owns 6,281,842 shares of the company’s stock worth $1,666,246,000 after purchasing an additional 172,121 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Hilton Worldwide by 4.0% during the second quarter. Franklin Resources Inc. now owns 5,442,662 shares of the company’s stock valued at $1,449,599,000 after purchasing an additional 208,708 shares in the last quarter. Finally, Jennison Associates LLC grew its holdings in shares of Hilton Worldwide by 2.6% during the third quarter. Jennison Associates LLC now owns 4,750,891 shares of the company’s stock worth $1,232,571,000 after purchasing an additional 119,172 shares during the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $297.00 on Tuesday. The stock’s 50 day moving average price is $287.16 and its two-hundred day moving average price is $274.70. The stock has a market capitalization of $69.03 billion, a price-to-earnings ratio of 42.98, a PEG ratio of 2.54 and a beta of 1.15. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $306.28.

Wall Street Analysts Forecast Growth

HLT has been the topic of a number of research reports. Barclays boosted their target price on shares of Hilton Worldwide from $297.00 to $309.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. TD Cowen reaffirmed a “buy” rating on shares of Hilton Worldwide in a research report on Tuesday, October 28th. Jefferies Financial Group increased their price target on Hilton Worldwide from $322.00 to $339.00 and gave the company a “buy” rating in a research note on Monday, January 12th. HSBC lifted their price objective on Hilton Worldwide from $307.00 to $319.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Sanford C. Bernstein boosted their price target on shares of Hilton Worldwide from $285.00 to $304.00 and gave the stock a “market perform” rating in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $297.33.

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.