Hilton Worldwide Holdings Inc (HLT) : V3 Capital Management added new position in Hilton Worldwide Holdings Inc during the most recent quarter end. The investment management firm now holds 666,000 shares of Hilton Worldwide Holdings Inc which is valued at $15,924,060 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hilton Worldwide Holdings Inc makes up approximately 4.14% of V3 Capital Management’s portfolio.
Other Hedge Funds, Including , Ejf Capital added HLT to its portfolio by purchasing 10,000 company shares during the most recent quarter which is valued at $239,100. Hilton Worldwide Holdings Inc makes up approx 0.02% of Ejf Capital’s portfolio.Parametric Portfolio Associates boosted its stake in HLT in the latest quarter, The investment management firm added 22,871 additional shares and now holds a total of 253,095 shares of Hilton Worldwide Holdings Inc which is valued at $6,051,501. Hilton Worldwide Holdings Inc makes up approx 0.01% of Parametric Portfolio Associates’s portfolio. Hgi Capital Management sold out all of its stake in HLT during the most recent quarter. The investment firm sold 139,940 shares of HLT which is valued $3,345,965.United Services Automobile Association reduced its stake in HLT by selling 65,977 shares or 18.52% in the most recent quarter. The Hedge Fund company now holds 290,220 shares of HLT which is valued at $6,939,160. Hilton Worldwide Holdings Inc makes up approx 0.02% of United Services Automobile Association’s portfolio.Macguire Cheswick Tuttle Investment Counsel reduced its stake in HLT by selling 21,275 shares or 6.88% in the most recent quarter. The Hedge Fund company now holds 287,740 shares of HLT which is valued at $7,003,592. Hilton Worldwide Holdings Inc makes up approx 1.50% of Macguire Cheswick Tuttle Investment Counsel’s portfolio.
Hilton Worldwide Holdings Inc closed down -0.1 points or -0.42% at $23.77 with 96,14,956 shares getting traded on Thursday. Post opening the session at $24.06, the shares hit an intraday low of $23.6 and an intraday high of $24.06 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Hilton Worldwide Holdings Inc reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.26. The company had revenue of $3051.00 million for the quarter, compared to analysts expectations of $3051.49 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.
Many Wall Street Analysts have commented on Hilton Worldwide Holdings Inc. Hilton Worldwide Holdings Inc was Downgraded by BofA/Merrill to ” Neutral” on May 19, 2016.
Hilton Worldwide Holdings Inc. is a hospitality company. The Company comprises of approximately 4322 hotels resorts and timeshare properties comprising of 715062 rooms in 94 countries and territories. The Company operates through three segments: management and franchise ownership and timeshare. The Companys brands are Waldorf Astoria Hotels & Resorts Conrad Hotels & Resorts Canopy by Hilton Hilton Hotels & Resorts CurioA Collection by Hilton DoubleTree by Hilton Embassy Suites Hotels Hilton Garden Inn Hampton Hotels Homewood Suites by Hilton Home2 Suites by Hilton and Hilton Grand Vacations. The Company also offers customer loyalty program which provides reward points for the guests for each stay at any of its more than 4300 hotels around the world which are then redeemable for free hotel nights and other rewards.