Brevan Howard Capital Management LP Has $1.05 Million Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Brevan Howard Capital Management LP lowered its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 57.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,253 shares of the company's stock after selling 5,680 shares during the quarter. Brevan Howard Capital Management LP's holdings in Hilton Worldwide were worth $1,051,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in HLT. Noble Wealth Management PBC acquired a new stake in Hilton Worldwide in the fourth quarter worth approximately $27,000. VSM Wealth Advisory LLC acquired a new stake in shares of Hilton Worldwide during the fourth quarter valued at approximately $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Hilton Worldwide in the fourth quarter valued at $34,000. Sierra Ocean LLC acquired a new stake in Hilton Worldwide during the 4th quarter worth about $36,000. Finally, Hopwood Financial Services Inc. purchased a new position in Hilton Worldwide during the fourth quarter valued at approximately $41,000. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

Shares of NYSE HLT remained flat at $243.18 during trading on Friday. 1,300,591 shares of the company's stock were exchanged, compared to its average volume of 1,756,813. Hilton Worldwide Holdings Inc. has a one year low of $194.93 and a one year high of $275.22. The business's 50 day moving average is $225.49 and its 200 day moving average is $242.58. The stock has a market cap of $57.80 billion, a PE ratio of 39.54, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.11. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.53 EPS. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on HLT shares. Wells Fargo & Company boosted their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Morgan Stanley reduced their target price on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Jefferies Financial Group dropped their price objective on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Barclays lowered their target price on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Finally, Truist Financial decreased their price objective on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $241.31.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.