OMERS ADMINISTRATION Corp Increases Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

OMERS ADMINISTRATION Corp grew its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 19.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,665 shares of the company's stock after purchasing an additional 1,767 shares during the period. OMERS ADMINISTRATION Corp's holdings in Hilton Worldwide were worth $2,636,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of HLT. Norges Bank acquired a new position in Hilton Worldwide in the fourth quarter valued at about $694,787,000. JPMorgan Chase & Co. raised its stake in shares of Hilton Worldwide by 13.2% in 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 during the period. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Hilton Worldwide by 26.6% in the 4th 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 4th quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock worth $188,400,000 after acquiring an additional 617,604 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of Hilton Worldwide by 2,746.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company's stock worth $133,487,000 after purchasing an additional 484,436 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Up 1.3%

NYSE HLT traded up $3.27 on Friday, hitting $255.76. 1,704,695 shares of the stock were exchanged, compared to its average volume of 1,764,211. Hilton Worldwide Holdings Inc. has a fifty-two week low of $194.93 and a fifty-two week high of $275.22. The company has a 50-day moving average price of $226.35 and a 200-day moving average price of $243.23. The company has a market cap of $60.79 billion, a PE ratio of 41.59, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. The company had revenue of $2.70 billion for 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%. Hilton Worldwide's quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $1.53 earnings per share. As a group, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Mizuho reissued a "neutral" rating and issued a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Evercore ISI cut their price objective on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday, April 23rd. The Goldman Sachs Group reissued a "neutral" rating and set a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Truist Financial dropped their target price on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. Finally, Raymond James boosted their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. 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 stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $245.56.

Hilton Worldwide Company 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.