This afternoon we watched Hilton Worldwide rise 3.5% to a price of $153.53 per share. The large-cap Lodging company is now trading -5.87% below its average target price of $163.11. Analysts have set target prices ranging from $145.0 to $180.0 per share for Hilton Worldwide, and have given the stock an average rating of buy.
The stock has a very low short interest at 1.6%, and a short ratio of 2.25. The company's insiders own 1.87% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 97.2% of Hilton Worldwide's shares being owned by this investor type.
Institutions Invested in Hilton Worldwide
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 10% | 25,592,496 | $3,929,215,879 |
| 2023-06-30 | Blackrock Inc. | 8% | 19,868,658 | $3,050,435,038 |
| 2023-06-30 | FMR, LLC | 4% | 11,048,862 | $1,696,331,769 |
| 2023-06-30 | T. Rowe Price Investment Management, Inc. | 4% | 10,011,099 | $1,537,004,017 |
| 2023-06-30 | State Street Corporation | 4% | 10,000,783 | $1,535,420,201 |
| 2023-06-30 | Principal Financial Group, Inc. | 4% | 9,552,904 | $1,466,657,339 |
| 2023-06-30 | Pershing Square Capital Management, L.P. | 4% | 9,332,853 | $1,432,872,909 |
| 2023-06-30 | Capital International Investors | 3% | 8,997,402 | $1,381,371,118 |
| 2023-06-30 | Bank of America Corporation | 3% | 8,392,741 | $1,288,537,515 |
| 2023-06-30 | Capital Research Global Investors | 3% | 8,279,928 | $1,271,217,335 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Hilton Worldwide.
