The stock of Hilton Worldwide Holdings Inc. (NYSE:HLT) is experiencing significant trading, with noteworthy buy-ups and sell-downs from several institutional investors. Bill Ackman, a renowned investor, has shown substantial interest in the company, which has caught the market's attention. Hilton stocks have achieved an all-time high amid the CEO's statement of rising business travel demand. In line with this, price target raises have been proposed by Barclays and Wells Fargo. The company's projected Q4 earnings beat estimates, and the company has also declared a quarterly dividend of $0.15 per share. Nevertheless, Hilton's five-year earnings growth has been reported as underperforming when compared to its YoY shareholder returns. Berkshire Money Management, Kingswood Wealth Advisors, and several others are increasing their holdings in HLT, which witnessed its shares sold by insiders including Christopher J. Nassetta and other entities. The firm also announced a stock buyback program worth a whopping $3.5billion, exhibiting faith in its performance and future outlook.
Hilton Stocks HLT News Analytics from Thu, 27 Apr 2017 07:00:00 GMT to Sun, 09 Feb 2025 00:05:23 GMT - Rating 8 - Innovation -2 - Information 7 - Rumor 4
