O Shaughnessy Asset Management LLC Raises Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

O Shaughnessy Asset Management LLC boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 16.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,043 shares of the company’s stock after buying an additional 2,242 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Hilton Worldwide were worth $3,422,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Edgestream Partners L.P. acquired a new position in shares of Hilton Worldwide in the first quarter valued at approximately $4,769,000. Ontario Teachers Pension Plan Board acquired a new position in Hilton Worldwide in the 1st quarter valued at $1,713,000. Acadian Asset Management LLC boosted its holdings in shares of Hilton Worldwide by 356.5% during the first quarter. Acadian Asset Management LLC now owns 279,893 shares of the company’s stock worth $59,691,000 after purchasing an additional 218,579 shares during the last quarter. South Street Advisors LLC grew its position in shares of Hilton Worldwide by 40.5% in the first quarter. South Street Advisors LLC now owns 95,896 shares of the company’s stock valued at $20,456,000 after purchasing an additional 27,635 shares during the period. Finally, Intech Investment Management LLC increased its stake in Hilton Worldwide by 204.0% in the first quarter. Intech Investment Management LLC now owns 22,496 shares of the company’s stock valued at $4,799,000 after purchasing an additional 15,097 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HLT has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Hilton Worldwide from $176.00 to $185.00 and gave the company a “hold” rating in a report on Thursday, April 25th. Macquarie reaffirmed a “neutral” rating and set a $192.00 price target on shares of Hilton Worldwide in a research note on Wednesday, April 24th. Bank of America boosted their price objective on shares of Hilton Worldwide from $225.00 to $230.00 and gave the company a “buy” rating in a research note on Monday. JPMorgan Chase & Co. increased their target price on Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a research report on Friday, July 19th. Finally, Robert W. Baird boosted their price target on Hilton Worldwide from $212.00 to $215.00 and gave the company an “outperform” rating in a research report on Thursday, April 25th. Eleven analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $209.16.

Insider Transactions at Hilton Worldwide

In other news, Director Melanie Healey acquired 2,000 shares of the business’s stock in a transaction on Tuesday, May 28th. The shares were purchased at an average price of $199.65 per share, for a total transaction of $399,300.00. Following the completion of the purchase, the director now directly owns 14,938 shares of the company’s stock, valued at approximately $2,982,371.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Down 2.7 %

Shares of HLT traded down $6.06 during trading on Wednesday, reaching $214.60. The company’s stock had a trading volume of 1,295,617 shares, compared to its average volume of 1,555,792. Hilton Worldwide Holdings Inc. has a twelve month low of $146.00 and a twelve month high of $229.03. The company has a market cap of $53.66 billion, a price-to-earnings ratio of 47.99, a P/E/G ratio of 1.93 and a beta of 1.31. The company has a fifty day moving average of $211.03 and a two-hundred day moving average of $203.83.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The firm’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.24 EPS. As a group, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.07 EPS 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.