M&T Bank Corp and
Oppenheimer & Co. Inc. have both increased their stakes in
Hilton Worldwide Holdings Inc. (HLT). Despite fluctuating investments and Atria Investments Inc. decreasing its holdings, Hilton's stocks are surging, beating the Q4 estimates. The Revenue Per Available Room (RevPAR) also showcased strength.
Morgan Stanley has issued a positive forecast for Hilton stock, suggesting potential undervaluation.
Record-breaking growth was displayed by Hilton with 98,400 new rooms, leading to high demand in
business travel. However, there were concerns about a slowdown in leisure travel. Despite this, Hilton increased its
stock buyback program with a massive $3.5B authorization, making strides in solidifying its financial stability. The company's senior vice president sold a significant $5.88 million in stock. Meanwhile,
Billionaire Bill Ackman has showcased a strong belief in Hilton, placing nearly 20% of his portfolio. Amid certain consumer stocks facing trouble, Hilton stocks keep flourishing due to their
asset-light business strategy. Concerns about revenue remain, but the brand's long-term growth potential is undeniable.
Hilton Stocks HLT News Analytics from Wed, 05 Aug 2009 00:18:25 GMT to Sat, 08 Mar 2025 11:36:49 GMT -
Rating 8
- Innovation 3
- Information 8
- Rumor -2