Hilton Worldwide Holdings Inc. (NYSE:HLT) Stake Boosted by Morgens Waterfall Vintiadis & Co. Inc.

Morgens Waterfall Vintiadis & Co. Inc. lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 16.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,500 shares of the company's stock after buying an additional 3,000 shares during the quarter. Hilton Worldwide makes up about 4.1% of Morgens Waterfall Vintiadis & Co. Inc.'s holdings, making the stock its 13th largest position. Morgens Waterfall Vintiadis & Co. Inc.'s holdings in Hilton Worldwide were worth $5,314,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in HLT. Fiduciary Trust Co raised its stake 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 last quarter. Palumbo Wealth Management LLC raised its stake 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 last quarter. Concurrent Investment Advisors LLC raised its stake 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 last quarter. Arkadios Wealth Advisors raised its stake 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 last quarter. Finally, Angeles Wealth Management LLC raised its stake 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 last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Macquarie dropped their price objective on shares of 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 dropped their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research note on Wednesday, April 23rd. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Finally, Wells Fargo & Company upped 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 note on Tuesday, February 4th. Eleven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $245.56.

Hilton Worldwide Stock Up 1.3%

Shares of Hilton Worldwide stock traded up $3.27 on Friday, hitting $255.76. 1,704,695 shares of the company's stock traded hands, compared to its average volume of 1,760,753. The stock has a market cap of $60.79 billion, a P/E ratio of 41.59, a PEG ratio of 2.86 and a beta of 1.23. The firm's 50-day moving average is $226.35 and its 200 day moving average is $243.20. Hilton Worldwide Holdings Inc. has a 52-week low of $194.93 and a 52-week 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 EPS for the quarter, beating the consensus estimate of $1.61 by $0.11. The company had revenue of $2.70 billion during the quarter, compared to analysts' expectations 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 was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.53 EPS. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current 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.