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Hilton Worldwide Earnings Beat as Altarock Adds New Stake

Hilton Worldwide logoHilton Worldwide
Sig1.72Sen+1.05Env0.00Soc0.00Gov0.00

NewEdge Advisors, Empowered Funds and Intech Investment Management increased their Hilton Worldwide holdings during the last quarter and first quarter. Hilton reported quarterly EPS of $2.29, slightly above the $2.27 consensus, and set a $0.15 per-share dividend for investors of record on August 21. Altarock Partners LP also disclosed a new stake, while Deutsche Bank upgraded the stock to buy.

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