Hilton Worldwide Holdings Inc. $HLT Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 11.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 177,352 shares of the company’s stock after purchasing an additional 18,135 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Hilton Worldwide were worth $46,012,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HLT. GLOBALT Investments LLC GA grew its holdings in shares of Hilton Worldwide by 1.2% during the third quarter. GLOBALT Investments LLC GA now owns 3,277 shares of the company’s stock valued at $850,000 after buying an additional 38 shares during the last quarter. Benjamin Edwards Inc. lifted its position in Hilton Worldwide by 1.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 2,555 shares of the company’s stock worth $680,000 after acquiring an additional 39 shares during the period. Relyea Zuckerberg Hanson LLC grew its stake in Hilton Worldwide by 2.8% during the 2nd quarter. Relyea Zuckerberg Hanson LLC now owns 1,447 shares of the company’s stock valued at $385,000 after purchasing an additional 40 shares during the last quarter. State of Wyoming increased its holdings in shares of Hilton Worldwide by 2.7% in the second quarter. State of Wyoming now owns 1,549 shares of the company’s stock valued at $413,000 after purchasing an additional 40 shares during the period. Finally, CVA Family Office LLC raised its stake in shares of Hilton Worldwide by 10.3% in the second quarter. CVA Family Office LLC now owns 439 shares of the company’s stock worth $117,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on HLT shares. Evercore ISI upped their target price on Hilton Worldwide from $280.00 to $325.00 and gave the company an “in-line” rating in a research report on Thursday, January 22nd. 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. Macquarie raised their target price 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. Wells Fargo & Company upped their price target on shares of Hilton Worldwide from $332.00 to $338.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Hilton Worldwide in a research report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $297.33.

Hilton Worldwide Stock Performance

HLT opened at $303.01 on Tuesday. The company has a fifty day moving average of $290.06 and a two-hundred day moving average of $275.52. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $306.28. The stock has a market capitalization of $70.43 billion, a price-to-earnings ratio of 43.85, a PEG ratio of 2.54 and a beta of 1.13.

Hilton Worldwide Profile

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.