Candriam S.C.A. Grows Stock Holdings in Hilton Worldwide Holdings Inc. $HLT

Candriam S.C.A. grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 11.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,823 shares of the company’s stock after acquiring an additional 7,441 shares during the period. Candriam S.C.A.’s holdings in Hilton Worldwide were worth $19,153,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HLT. Clearstead Trust LLC bought a new position in Hilton Worldwide in the second quarter worth approximately $30,000. Sagard Holdings Management Inc. purchased a new stake in shares of Hilton Worldwide in the 2nd quarter worth $30,000. Bank of Jackson Hole Trust grew its position in shares of Hilton Worldwide by 132.7% during the 2nd quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock worth $34,000 after buying an additional 73 shares in the last quarter. Atlantic Edge Private Wealth Management LLC grew its position in shares of Hilton Worldwide by 52.9% during the 3rd quarter. Atlantic Edge Private Wealth Management LLC now owns 130 shares of the company’s stock worth $34,000 after buying an additional 45 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of 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 acquiring an additional 52 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on HLT shares. Susquehanna increased their target price on shares of Hilton Worldwide from $245.00 to $255.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Barclays upped their price target on shares of Hilton Worldwide from $297.00 to $309.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Jefferies Financial Group lifted their price objective on shares of Hilton Worldwide from $322.00 to $339.00 and gave the company a “buy” rating in a report on Monday, January 12th. Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $285.00 to $305.00 and gave the stock an “outperform” rating in a research note on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Hilton Worldwide from $286.00 to $299.00 in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and a consensus target price of $306.39.

Hilton Worldwide Price Performance

Shares of HLT stock opened at $313.87 on Tuesday. The stock’s fifty day moving average price is $292.57 and its 200 day moving average price is $276.91. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $314.96. The company has a market cap of $72.95 billion, a price-to-earnings ratio of 45.42, a price-to-earnings-growth ratio of 2.66 and a beta of 1.13.

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.