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CIBC World Markets buys new stake in Hilton Worldwide after earnings and dividend

CIBC (Canadian Imperial Bank of Commerce) logoCIBC (Canadian Imperial Bank of Commerce)
Sig1.19Sen+0.78Env0.00Soc0.00Gov0.00
Hilton Worldwide logoHilton Worldwide
Sig2.22Sen+1.43Env0.00Soc0.00Gov0.00

A fund purchased new shares of Hilton Worldwide, adding 27,267 shares worth about $9.01M, while other investors also increased positions. Analysts adjusted targets, with some holding neutral views. Hilton reported quarterly EPS of $2.29, slightly above the $2.27 estimate, and revenue up 6.5% year over year. The company disclosed a $0.15 dividend.

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