Hilton Worldwide Holdings Inc. (NYSE: HLT) has incurred various changes in its shares' transitions over the recent quarter. Financial firms like Swedbank AB, Park Place Capital Corp, and Assenagon Asset Management S.A. have reduced their
Hilton stock holdings. Furthermore, investment management companies like Clio Asset Management LLC and HB Wealth Management LLC have bolstered their position in Hilton Stocks. The multinational hospitality company has experienced an
increase in stock price and a vast extension in its
stock buyback program with a massive $3.5 billion authorization. This has been coupled with Q3 earnings surpassing expectations, though revenues have noted a dip. Growth indications remain, despite reduced forecasts tied to leisure travel slowdowns. Recognized as a top leisure stock for investment, Hilton is leveraging brand strength for sustained growth. The company made news with high returns over the last five years and
rapid price rise, leading Melius to cut Hilton stock to hold rating, while Baird raised the price target and maintained an outperform rating. All these developments have had boosts from Wall Street analysts bullish on Hilton Stock. The company is also in talks to acquire the Campus-Focused Graduate Hotels Brand, demonstrating its
expansion plans.
Hilton Stocks HLT News Analytics from Thu, 27 Apr 2017 07:00:00 GMT to Fri, 31 Jan 2025 10:07:40 GMT -
Rating 6
- Innovation -2
- Information 8
- Rumor -4
