Baader Bank Aktiengesellschaft Boosts Holdings in Hilton Worldwide Holdings Inc. $HLT

Baader Bank Aktiengesellschaft boosted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 10.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 17,625 shares of the company’s stock after purchasing an additional 1,678 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Hilton Worldwide were worth $4,561,000 at the end of the most recent reporting period.

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

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $324.38 on Wednesday. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $325.08. The company’s fifty day simple moving average is $293.43 and its 200-day simple moving average is $277.26. The stock has a market capitalization of $75.40 billion, a PE ratio of 46.94, a P/E/G ratio of 2.65 and a beta of 1.13.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on HLT shares. Truist Financial lifted their price target on shares of Hilton Worldwide from $246.00 to $253.00 and gave the stock a “hold” rating in a research note on Thursday, October 23rd. Jefferies Financial Group lifted their target price on shares of Hilton Worldwide from $322.00 to $339.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. TD Cowen boosted their target price on shares of Hilton Worldwide from $297.00 to $330.00 in a research note on Tuesday, February 3rd. Macquarie Infrastructure raised their price target on Hilton Worldwide from $267.00 to $280.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Finally, Robert W. Baird upped their price objective on Hilton Worldwide from $285.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday, February 2nd. 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.