Franklin Resources Inc. and
Parallel Advisors LLC have decreased their positions in
Hilton Worldwide Holdings Inc. (HLT), while companies such as
Gilbert & Cook Inc., and
Private Advisor Group LLC have increased their stakes in HLT. Several insiders, including Director
Melanie Healey, have purchased shares of HLT. However, there are indications of bearish signals with some Hilton insiders disposing of stock. Over the past year, HLT stock increased by 50%, driven by strong earnings and revenue surpassing Q3 estimates. Furthermore, Hilton's shares soared due to positive industry trends driving robust earnings growth. HLT stock outperformed competitors on strong trading days, despite losses on certain days. HLT's strong momentum, long term growth, and recent acquisitions signal a positive trend for the stock. The asset-light business model of HLT continues to reward its investors despite the decrease in EPS estimates for Q2 2024 by Zacks Research. Reports indicate that there is more upside left in Hilton's stock, despite some decreases in position by organizations such as Morgan Stanley and Strs Ohio.
Hilton Stocks HLT News Analytics from Thu, 27 Apr 2017 07:00:00 GMT to Sun, 02 Jun 2024 14:36:55 GMT -
Rating 7
- Innovation 3
- Information 9
- Rumor -3
