Hilton Worldwide Holdings Inc. (NYSE:HLT) experienced a 13.1% decline in short interest as of February 13th, totaling 5,075,097 shares. This represents approximately 2.3% of the company’s stock sold short, with a days-to-cover ratio of 2.0 days. Insider Christopher J. Nassetta recently sold 114,289 shares, valued at over $36 million, reducing his ownership significantly, while institutional investors have adjusted their holdings. Wall Street analysts maintain a “Moderate Buy” consensus rating with a target price of $326.32, and the company reported strong Q4 earnings, surpassing analyst estimates.
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Hilton Worldwide Holdings Inc. (NYSE:HLT) Sees Significant Decline in Short Interest
Hilton Worldwide Holdings Inc. (NYSE:HLT) experienced a 13.1% decline in short interest as of February 13th, totaling 5,075,097 shares. This represents approximately 2.3% of the company’s stock sold short, with a days-to-cover ratio of 2.0 days. Insider Christopher J. Nassetta recently sold 114,289 shares, valued at over $36 million, reducing his ownership significantly, while institutional investors have adjusted their holdings. Wall Street analysts maintain a “Moderate Buy” consensus rating with a target price of $326.32, and the company reported strong Q4 earnings, surpassing analyst estimates.