Truist Financial and
Morgan Stanley issued contrasting forecasts regarding Hilton Worldwide, with the former giving a pessimistic outlook while the latter was positive. Evidently,
Hilton shares performed well as they surged 3.42% on Mar 17, reached an all-time high, and were even hailed a strong buy. The hospitality company's CEO noted increasing business travel demand. Meanwhile, Hilton's investor relationships were dynamic, with firms like
Thrivent Financial for Lutherans,
Achmea Investment Management B.V., and
Renasant Bank reducing their holdings, while others such as
HighTower Advisors LLC and
Edgestream Partners L.P. increased theirs. A significant move was Hilton's expansion of its stock buyback program by a whopping $3.5B, signaling corporate confidence. On the other hand, Hilton Worldwide caught investor's attention as it added 973 new hotels and 100k rooms in 2024, demonstrating robust growth. However, its valuation was deemed stretched compared to its pre-COVID earnings trajectory. Another crucial event was the company beating Q4 earnings and revenue estimates despite a softer-than-expected outlook. Hilton Worldwide got the
green light from billionaire Bill Ackman, who reportedly held close to 20% of his portfolio in one magnificent travel stock, assumed to be Hilton. Current market speculations question whether it's too late to buy Hilton stocks.
Hilton Stocks HLT News Analytics from Fri, 21 Jul 2017 06:29:27 GMT to Sat, 22 Mar 2025 13:31:30 GMT -
Rating 7
- Innovation -5
- Information 8
- Rumor -3
