National Pension Service Boosts Holdings in Hilton Worldwide Holdings Inc. $HLT

National Pension Service lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 623,180 shares of the company’s stock after acquiring an additional 9,954 shares during the period. National Pension Service’s holdings in Hilton Worldwide were worth $161,678,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of HLT. AlphaQuest LLC grew its holdings in Hilton Worldwide by 5,482.4% in the third quarter. AlphaQuest LLC now owns 949 shares of the company’s stock valued at $246,000 after purchasing an additional 932 shares during the period. Valley Wealth Managers Inc. boosted its holdings in shares of Hilton Worldwide by 12.2% in the 3rd quarter. Valley Wealth Managers Inc. now owns 2,755 shares of the company’s stock valued at $715,000 after purchasing an additional 300 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of Hilton Worldwide by 2.7% during the 3rd quarter. Golden State Wealth Management LLC now owns 2,467 shares of the company’s stock valued at $640,000 after buying an additional 64 shares during the period. Great Lakes Advisors LLC increased its holdings in shares of Hilton Worldwide by 1.1% during the 3rd quarter. Great Lakes Advisors LLC now owns 6,696 shares of the company’s stock worth $1,737,000 after buying an additional 74 shares during the last quarter. Finally, New York State Common Retirement Fund raised its position in shares of Hilton Worldwide by 0.4% in the 3rd quarter. New York State Common Retirement Fund now owns 113,618 shares of the company’s stock worth $29,477,000 after buying an additional 400 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Stock Down 0.2%

HLT opened at $298.64 on Friday. The firm’s 50 day moving average is $289.48 and its 200-day moving average is $275.29. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $306.28. The firm has a market capitalization of $69.41 billion, a P/E ratio of 43.22, a P/E/G ratio of 2.55 and a beta of 1.15.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on HLT shares. Jefferies Financial Group boosted their price target on Hilton Worldwide from $322.00 to $339.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Morgan Stanley increased their target price on shares of Hilton Worldwide from $289.00 to $306.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Macquarie lifted their price target on shares of Hilton Worldwide from $267.00 to $280.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. BMO Capital Markets boosted their price objective on shares of Hilton Worldwide from $275.00 to $320.00 and gave the stock a “market perform” rating in a research note on Friday, January 9th. Finally, Sanford C. Bernstein increased their price objective 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 investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $297.33.

About Hilton Worldwide

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.