Hudson Bay Capital Management LP Reduces Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Hudson Bay Capital Management LP decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 86.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,531 shares of the company's stock after selling 53,752 shares during the period. Hudson Bay Capital Management LP's holdings in Hilton Worldwide were worth $2,109,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Trust Co boosted its holdings in Hilton Worldwide by 0.5% in the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock valued at $1,810,000 after purchasing an additional 38 shares during the period. Palumbo Wealth Management LLC boosted its holdings in Hilton Worldwide by 2.0% in the 4th quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock valued at $528,000 after purchasing an additional 41 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in Hilton Worldwide by 1.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock valued at $799,000 after purchasing an additional 43 shares during the period. Arkadios Wealth Advisors boosted its holdings in Hilton Worldwide by 2.8% in the 4th quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock valued at $444,000 after purchasing an additional 49 shares during the period. Finally, Angeles Wealth Management LLC boosted its holdings in Hilton Worldwide by 3.7% in the 4th quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock valued at $351,000 after purchasing an additional 51 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Up 1.3%

HLT traded up $3.27 during trading on Friday, hitting $255.76. 1,704,695 shares of the company traded hands, compared to its average volume of 1,760,753. The company has a market cap of $60.79 billion, a PE ratio of 41.59, a P/E/G ratio of 2.86 and a beta of 1.23. The stock's 50-day simple moving average is $226.35 and its two-hundred day simple moving average is $243.20. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results 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. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the business earned $1.53 EPS. The business's revenue was up 4.7% on a year-over-year basis. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on HLT. Wells Fargo & Company raised their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 4th. Barclays lowered their price objective on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Jefferies Financial Group upgraded shares of Hilton Worldwide from a "hold" rating to a "buy" rating and raised their price objective for the company from $228.00 to $296.00 in a research report on Monday, May 12th. The Goldman Sachs Group restated a "neutral" rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Finally, Evercore ISI lowered their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a research report on Wednesday, April 23rd. Eleven analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $245.56.

Hilton Worldwide Profile

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.