Thrivent Financial for Lutherans Acquires 18,135 Shares of Hilton Worldwide Holdings Inc. $HLT

Thrivent Financial for Lutherans raised its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 11.4% during 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 acquiring an additional 18,135 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.08% of Hilton Worldwide worth $46,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in HLT. NewEdge Advisors LLC lifted its holdings in Hilton Worldwide by 25.6% during the 1st quarter. NewEdge Advisors LLC now owns 2,284 shares of the company’s stock valued at $520,000 after buying an additional 465 shares in the last quarter. Empowered Funds LLC increased its position in shares of Hilton Worldwide by 37.4% during the first quarter. Empowered Funds LLC now owns 6,135 shares of the company’s stock worth $1,396,000 after acquiring an additional 1,669 shares during the period. Woodline Partners LP boosted its holdings in shares of Hilton Worldwide by 38.8% in the first quarter. Woodline Partners LP now owns 20,327 shares of the company’s stock valued at $4,625,000 after purchasing an additional 5,687 shares during the period. Intech Investment Management LLC grew its stake in Hilton Worldwide by 112.4% in the first quarter. Intech Investment Management LLC now owns 5,478 shares of the company’s stock worth $1,247,000 after purchasing an additional 2,899 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Hilton Worldwide by 182.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 333 shares of the company’s stock worth $76,000 after purchasing an additional 215 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on HLT. Jefferies Financial Group upped their target price on Hilton Worldwide from $322.00 to $339.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $332.00 to $338.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Evercore ISI raised their target price on shares of Hilton Worldwide from $280.00 to $325.00 and gave the company an “in-line” rating in a research report on Thursday, January 22nd. HSBC boosted their price target on shares of Hilton Worldwide from $307.00 to $319.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, BMO Capital Markets lifted their price objective on shares of Hilton Worldwide from $275.00 to $320.00 and gave the company a “market perform” rating in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Hilton Worldwide presently has an average rating of “Moderate Buy” and an average target price of $297.33.

Hilton Worldwide Stock Up 1.5%

Shares of Hilton Worldwide stock opened at $303.01 on Tuesday. The company has a market cap of $70.43 billion, a P/E ratio of 43.85, a PEG ratio of 2.54 and a beta of 1.13. The firm’s 50 day moving average price is $290.06 and its 200-day moving average price is $275.52. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $306.28.

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.