Why Blackstone Holdings Iii L.P. Reported Hilton Worldwide Holdings Inc Position?

February 15, 2018 - By Winifred Garcia

 Why Blackstone Holdings Iii L.P. Reported Hilton Worldwide Holdings Inc Position?

The New Blackstone Holdings Iii L.P. Holding in Hilton Worldwide Holdings Inc

Blackstone Holdings Iii L.P. reported SC 13G/A form with the SEC for Hilton Worldwide Holdings Inc. Access it here: 000119312518045400. As reported by Blackstone Holdings Iii L.P., the filler owns 5.5% or 17,544,796 shares of the Consumer Discretionary–company.

Hilton Worldwide Holdings Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Blackstone Holdings Iii L.P.’s positive view for Hilton Worldwide Holdings Inc.

Hilton Worldwide Holdings Inc Institutional Sentiment

Filings show 320 investors own Hilton Worldwide Holdings Inc. The ownership in Q3 2015 is very high, at Infinity of the outstanding shares. This is increased by 22137797. 931313900 were owned by these investors. 49 funds opened new Hilton Worldwide Holdings Inc stakes, 111 increased positions. There were 59 that closed positions and 131 reduced them.

8 investors had the stock in their top 10. Some are: .

Ronald Blue & Company Llc is an investor bullish on Hilton Worldwide Holdings Inc, owning 12488 shares as of Q3 2015 for 0.01% of its portfolio. Loeb Partners Corporation owns 95750 shares or 0.81% of its portfolio. MD Calvert Investment Management Inc have 0.05% of its portfolio for 44019 shares. Further, Foundry Partners Llc reported stake worth 0.38% of its portfolio. The MI Bluestein R H & Company owns 857241 shares. Hilton Worldwide Holdings Inc is 1.40% of its portfolio.

Business Profile

Hilton Worldwide Holdings Inc. is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo. The Company’s management and franchise segment manages hotels and licenses its brands to franchisees. Its brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio-A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton. As of December 31, 2016, the Company owned, leased, managed or franchised 4,875 hotel and resort properties, totaling 796,440 rooms in 104 countries and territories.

SEC Form 13G.

Analysts await Hilton Worldwide Holdings Inc. (NYSE:HLT) to report earnings on February, 21. They expect $0.44 EPS, down 37.14 % or $0.26 from last year’s $0.7 per share. HLT’s profit will be $139.09 million for 48.05 P/E if the $0.44 EPS becomes a reality. After $0.56 actual EPS reported by Hilton Worldwide Holdings Inc. for the previous quarter, Wall Street now forecasts -21.43 % negative EPS growth.

The stock decreased 1.64% or $1.41 during the last trading session, reaching $84.56. About 1.54M shares traded. Hilton Worldwide Holdings Inc. (NYSE:HLT) has risen 50.92% since February 15, 2017 and is uptrending. It has outperformed by 34.22% the S&P500.

Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. The company has market cap of $26.73 billion. It operates through Management and Franchise, and Ownership divisions. It has a 21.96 P/E ratio. The firm engages in the hotel management and licensing of its brands to franchisees.

Hilton Worldwide Holdings Inc. (NYSE:HLT) Ratings Coverage

Among 26 analysts covering Hilton Worldwide Holdings (NYSE:HLT), 18 have Buy rating, 0 Sell and 8 Hold. Therefore 69% are positive. Hilton Worldwide Holdings has $96.0 highest and $23 lowest target. $62.60’s average target is -25.97% below currents $84.56 stock price. Hilton Worldwide Holdings had 70 analyst reports since August 5, 2015 according to SRatingsIntel. As per Monday, November 9, the company rating was maintained by RBC Capital Markets. The firm has “Equal-Weight” rating given on Thursday, July 27 by Barclays Capital. The stock has “Outperform” rating by Raymond James on Thursday, August 24. The stock of Hilton Worldwide Holdings Inc. (NYSE:HLT) has “Outperform” rating given on Thursday, January 5 by FBR Capital. Bank of America upgraded the stock to “Buy” rating in Thursday, December 15 report. The firm has “Hold” rating by Evercore given on Monday, November 28. On Wednesday, April 26 the stock rating was initiated by Guggenheim with “Neutral”. The firm has “Buy” rating by Deutsche Bank given on Wednesday, August 12. The firm earned “Market Perform” rating on Monday, April 3 by Telsey Advisory Group. The stock has “Buy” rating by Deutsche Bank on Tuesday, September 22.

More recent Hilton Worldwide Holdings Inc. (NYSE:HLT) news were published by: Nasdaq.com which released: “Hilton Worldwide Holdings, Inc. Reports Advance In Q4 Earnings” on February 14, 2018. Also Bloomberg.com published the news titled: “Manhattan’s Waldorf Astoria Isn’t Up for Sale, Hilton CEO Says” on February 14, 2018. Seekingalpha.com‘s news article titled: “Hilton Worldwide Holdings (HLT) CEO Chris Nassetta on Q4 2017 Results …” with publication date: February 14, 2018 was also an interesting one.

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