Today The Russell Investments Group Ltd. Takes Position in Hilton Worldwide Holdings Inc. (HLT)

Today The Russell Investments Group Ltd. Takes Position in Hilton Worldwide Holdings Inc. (HLT)

Russell Investments Group Ltd. purchased a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,438,501 shares of the company’s stock, valued at approximately $66,423,000.

Several other large investors have also recently made changes to their positions in the company. Mn Services Vermogensbeheer B.V. increased its stake in shares of Hilton Worldwide Holdings by 1.7% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 13,954 shares of the company’s stock worth $320,000 after buying an additional 228 shares during the last quarter. Tredje AP fonden increased its stake in shares of Hilton Worldwide Holdings by 2.0% in the second quarter. Tredje AP fonden now owns 49,465 shares of the company’s stock worth $1,114,000 after buying an additional 986 shares during the last quarter. DnB Asset Management AS increased its stake in shares of Hilton Worldwide Holdings by 3.5% in the third quarter. DnB Asset Management AS now owns 44,900 shares of the company’s stock worth $1,030,000 after buying an additional 1,500 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of Hilton Worldwide Holdings by 5.6% in the second quarter. Victory Capital Management Inc. now owns 29,579 shares of the company’s stock worth $666,000 after buying an additional 1,570 shares during the last quarter. Finally, Toronto Dominion Bank increased its stake in shares of Hilton Worldwide Holdings by 57.3% in the third quarter. Toronto Dominion Bank now owns 4,699 shares of the company’s stock worth $108,000 after buying an additional 1,712 shares during the last quarter.

Hilton Worldwide Holdings Inc. (NYSE:HLT) traded up 0.69% on Wednesday, hitting $58.50. 447,788 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $56.15 and a 200-day moving average price of $50.19. The stock has a market cap of $19.30 billion, a P/E ratio of 12.51 and a beta of 1.33. Hilton Worldwide Holdings Inc. has a 12 month low of $34.04 and a 12 month high of $59.76.

A number of equities research analysts have recently issued reports on the stock. Berenberg Bank downgraded shares of Hilton Worldwide Holdings from a “hold” rating to a “sell” rating in a report on Thursday, January 5th. MKM Partners raised shares of Hilton Worldwide Holdings from a “sell” rating to a “buy” rating and increased their price target for the stock from $60.00 to $84.00 in a report on Monday, December 5th. Bank of America Corporation raised shares of Hilton Worldwide Holdings from a “neutral” rating to a “buy” rating in a report on Thursday, December 15th. TheStreet downgraded shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, September 28th. Finally, Sanford C. Bernstein raised shares of Hilton Worldwide Holdings from a “market perform” rating to an “outperform” rating in a report on Thursday, January 19th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seventeen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $73.50.

In other Hilton Worldwide Holdings news, insider Kristin Ann Campbell sold 75,000 shares of the business’s stock in a transaction dated Monday, December 12th. The stock was sold at an average price of $26.21, for a total transaction of $1,965,750.00. Following the completion of the sale, the insider now directly owns 391,315 shares in the company, valued at approximately $10,256,366.15. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.40% of the company’s stock.

About Hilton Worldwide Holdings

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. It operates through three segments: management and franchise, ownership and timeshare. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories.

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