Vanguard Personalized Indexing Management LLC Boosts Stake in Hilton Worldwide Holdings Inc. $HLT

Vanguard Personalized Indexing Management LLC lifted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 7.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,570 shares of the company’s stock after buying an additional 2,111 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Hilton Worldwide were worth $7,673,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. GLOBALT Investments LLC GA grew its stake in Hilton Worldwide by 1.2% in the 3rd quarter. GLOBALT Investments LLC GA now owns 3,277 shares of the company’s stock valued at $850,000 after purchasing an additional 38 shares during the period. Benjamin Edwards Inc. boosted its holdings in shares of Hilton Worldwide by 1.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 2,555 shares of the company’s stock worth $680,000 after buying an additional 39 shares during the last quarter. Relyea Zuckerberg Hanson LLC increased its holdings in Hilton Worldwide by 2.8% during the second quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock worth $385,000 after buying an additional 40 shares during the last quarter. State of Wyoming increased its holdings in Hilton Worldwide by 2.7% during the second quarter. State of Wyoming now owns 1,549 shares of the company’s stock worth $413,000 after buying an additional 40 shares during the last quarter. Finally, CVA Family Office LLC boosted its stake in Hilton Worldwide by 10.3% in the second quarter. CVA Family Office LLC now owns 439 shares of the company’s stock valued at $117,000 after acquiring an additional 41 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $297.00 on Tuesday. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $306.28. The firm has a fifty day moving average of $287.16 and a 200 day moving average of $274.70. The firm has a market capitalization of $69.03 billion, a PE ratio of 42.98, a price-to-earnings-growth ratio of 2.54 and a beta of 1.15.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HLT shares. Macquarie lifted their price target on shares of Hilton Worldwide from $267.00 to $280.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Truist Financial boosted their target price on Hilton Worldwide from $246.00 to $253.00 and gave the company a “hold” rating in a research note on Thursday, October 23rd. Morgan Stanley increased their price target on Hilton Worldwide from $289.00 to $306.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Weiss Ratings reissued a “buy (b)” rating on shares of Hilton Worldwide in a report on Monday, December 29th. Finally, Jefferies Financial Group upped their price objective on shares of Hilton Worldwide from $322.00 to $339.00 and gave the company a “buy” rating in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $297.33.

About Hilton Worldwide

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.