Graham Capital Management L.P. Sells 274 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Graham Capital Management L.P. reduced its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 12,100 shares of the company’s stock after selling 274 shares during the period. Graham Capital Management L.P.’s holdings in Hilton Worldwide were worth $2,991,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Noble Wealth Management PBC purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth $27,000. VSM Wealth Advisory LLC bought a new position in Hilton Worldwide in the 4th quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Hilton Worldwide during the 4th quarter valued at about $34,000. Sierra Ocean LLC bought a new stake in shares of Hilton Worldwide during the fourth quarter valued at about $36,000. Finally, Hopwood Financial Services Inc. purchased a new stake in shares of Hilton Worldwide in the fourth quarter worth about $41,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HLT shares. Barclays decreased their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an “overweight” rating on the stock in a report on Wednesday, April 30th. The Goldman Sachs Group reiterated a “neutral” rating and set a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Evercore ISI decreased their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating on the stock in a research report on Wednesday, April 23rd. Robert W. Baird lifted their target price on shares of Hilton Worldwide from $242.00 to $246.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. Finally, Mizuho restated a “neutral” rating and set a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Twelve analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $241.31.

Hilton Worldwide Stock Performance

Shares of HLT opened at $243.18 on Friday. Hilton Worldwide Holdings Inc. has a 12 month low of $194.93 and a 12 month high of $275.22. The stock has a fifty day moving average price of $225.49 and a 200-day moving average price of $242.65. The firm has a market cap of $57.80 billion, a PE ratio of 39.54, a P/E/G ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT) last released its quarterly 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 for the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business earned $1.53 earnings per share. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

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.