FORA Capital LLC Buys Shares of 27,051 Hilton Worldwide Holdings Inc. (NYSE:HLT)

FORA Capital LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 27,051 shares of the company's stock, valued at approximately $6,686,000.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in Hilton Worldwide by 194.8% during the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock worth $651,000 after acquiring an additional 1,740 shares in the last quarter. Amundi boosted its position in Hilton Worldwide by 24.2% during the fourth quarter. Amundi now owns 953,938 shares of the company's stock valued at $232,098,000 after purchasing an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Hilton Worldwide by 2.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock valued at $55,774,000 after purchasing an additional 4,846 shares during the last quarter. Fiduciary Alliance LLC bought a new position in shares of Hilton Worldwide during the 4th quarter worth approximately $1,246,000. Finally, SVB Wealth LLC purchased a new position in Hilton Worldwide during the 4th quarter worth $1,138,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Price Performance

HLT stock remained flat at $243.18 during trading on Friday. The company had a trading volume of 1,300,591 shares, compared to its average volume of 1,756,813. The business's fifty day moving average price is $225.49 and its 200-day moving average price is $242.65. Hilton Worldwide Holdings Inc. has a 12 month low of $194.93 and a 12 month high of $275.22. The stock has a market cap of $57.80 billion, a PE ratio of 39.54, a P/E/G ratio of 2.86 and a beta of 1.23.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HLT. Raymond James increased their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Barclays reduced their target price on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Macquarie reduced their price objective on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Evercore ISI cut their price target on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday, April 23rd. Finally, Wells Fargo & Company raised their target price 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. Twelve 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 company currently has an average rating of "Hold" and a consensus price target 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.