Hilton Worldwide Holdings Inc. (NYSE:HLT) Stake Increased by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC increased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 251.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,589 shares of the company's stock after acquiring an additional 22,589 shares during the period. Lighthouse Investment Partners LLC's holdings in Hilton Worldwide were worth $7,808,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Hilton Worldwide in the fourth quarter valued at $694,787,000. JPMorgan Chase & Co. increased its holdings in Hilton Worldwide by 13.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock valued at $1,952,314,000 after acquiring an additional 919,424 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in Hilton Worldwide by 26.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock worth $806,999,000 after acquiring an additional 685,023 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Hilton Worldwide by 426.9% in the fourth quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock valued at $188,400,000 after purchasing an additional 617,604 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its position in shares of Hilton Worldwide by 2,746.1% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company's stock valued at $133,487,000 after purchasing an additional 484,436 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Macquarie reduced their target price on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $242.00 to $246.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Barclays cut their price target on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Finally, Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and increased their target price for the stock from $228.00 to $296.00 in a research report on Monday. Eleven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $245.56.

Hilton Worldwide Trading Down 0.2%

HLT traded down $0.45 during trading on Thursday, hitting $252.55. 1,550,250 shares of the company's stock were exchanged, compared to its average volume of 1,761,375. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22. The stock has a 50 day moving average price of $225.59 and a 200 day moving average price of $242.98. The firm has a market cap of $60.03 billion, a P/E ratio of 41.07, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23.

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

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.