BI Asset Management Fondsmaeglerselskab A S Has $3.96 Million Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

BI Asset Management Fondsmaeglerselskab A S boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 55.9% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 15,280 shares of the company’s stock after buying an additional 5,476 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Hilton Worldwide were worth $3,964,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Railway Pension Investments Ltd increased its holdings in Hilton Worldwide by 15.0% in the 3rd quarter. Railway Pension Investments Ltd now owns 38,400 shares of the company’s stock valued at $9,962,000 after buying an additional 5,000 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in Hilton Worldwide by 10.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 42,287 shares of the company’s stock valued at $10,971,000 after acquiring an additional 4,155 shares during the last quarter. Partners Capital Investment Group LLP bought a new stake in Hilton Worldwide during the third quarter worth $4,684,000. National Pension Service boosted its holdings in shares of Hilton Worldwide by 1.6% in the 3rd quarter. National Pension Service now owns 623,180 shares of the company’s stock valued at $161,678,000 after purchasing an additional 9,954 shares in the last quarter. Finally, Allstate Corp bought a new position in shares of Hilton Worldwide in the 3rd quarter valued at $2,161,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Price Performance

Hilton Worldwide stock opened at $314.32 on Friday. The stock’s 50 day moving average is $291.95 and its 200 day moving average is $276.50. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $314.96. The firm has a market cap of $73.06 billion, a P/E ratio of 45.49, a P/E/G ratio of 2.61 and a beta of 1.13.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Wells Fargo & Company upped their price objective on Hilton Worldwide from $332.00 to $338.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. 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 research note on Friday, January 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Hilton Worldwide in a report on Monday, December 29th. Morgan Stanley upped their target price on Hilton Worldwide from $289.00 to $306.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. upped their price objective on Hilton Worldwide from $288.00 to $318.00 and gave the company an “overweight” rating in a research note on Tuesday. One 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.39.

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.