Canada Post Corp Registered Pension Plan Increases Stake in Hilton Worldwide Holdings Inc. $HLT

Canada Post Corp Registered Pension Plan boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 206.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,452 shares of the company’s stock after acquiring an additional 30,629 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Hilton Worldwide were worth $11,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in 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 stake in shares of Hilton Worldwide during the 2nd quarter worth $30,000. Bank of Jackson Hole Trust boosted its position in Hilton Worldwide by 132.7% during the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after purchasing an additional 73 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its position in Hilton Worldwide by 52.9% during the third quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock valued at $34,000 after purchasing an additional 45 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in Hilton Worldwide by 59.8% in the second quarter. Cullen Frost Bankers Inc. now owns 139 shares of the company’s stock valued at $37,000 after purchasing an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $314.32 on Friday. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $314.96. The firm has a market capitalization of $73.06 billion, a PE ratio of 45.49, a P/E/G ratio of 2.61 and a beta of 1.13. The stock’s 50-day simple moving average is $291.95 and its 200-day simple moving average is $276.50.

Analyst Ratings Changes

A number of research firms have recently weighed in on HLT. Barclays raised their price target on shares of Hilton Worldwide from $297.00 to $309.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Macquarie Infrastructure raised their target price on shares of Hilton Worldwide from $267.00 to $280.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Hilton Worldwide from $286.00 to $299.00 in a report on Tuesday. Wells Fargo & Company increased their price objective on Hilton Worldwide from $332.00 to $338.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Finally, The Goldman Sachs Group boosted their target price on Hilton Worldwide from $317.00 to $330.00 in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and a consensus target price of $306.39.

Hilton Worldwide Company 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.