Lone Pine Capital Adds $10M in Hilton Worldwide Holdings Inc. ($HLT)
Key Points
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Lone Pine Capital increased its position in Hilton Worldwide Holdings Inc. ($HLT) by 54.36% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 89,249 shares of Hilton Worldwide Holdings Inc. after buying 31,432 shares during the quarter. Lone Pine Capital's holdings in Hilton Worldwide Holdings Inc. were worth $29.49 million as of its most recent filing.
Hilton Worldwide Holdings Inc. Stock Up 2.7%
Shares of Hilton Worldwide Holdings Inc. ($HLT) traded around $330.46 on Saturday, up 2.7% for the day.
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About Hilton Worldwide Holdings Inc.
Hilton Worldwide Holdings Inc., a hospitality company, engages in managing, franchising, and leasing hotels and resorts. It operates in two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brand names, trademarks, and service marks. It operates a brand portfolio of luxury, lifestyle, full service, focused service, all-suites hotel, and timeshare under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Signia by Hilton, NoMad, Canopy by Hilton, Graduate by Hilton, Tempo by Hilton, Motto by Hilton, Hilton Hotels & Resorts, DoubleTree by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Outset Collection by Hilton, Embassy Suites by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, LivSmart Studios by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Spark by Hilton, Hilton Grand Vacations, Small Luxury Hotels of the World, AutoCamp, and Hilton Honors brand names. The company has operations in North America, South America, and Central America, including various Caribbean nations; Europe, the Middle East, and Africa; and the Asia Pacific. Hilton Worldwide Holdings Inc. was founded in 1919 and is headquartered in McLean, Virginia.
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