Northwestern Mutual Wealth Management Co. Boosts Stock Position in Hilton Worldwide Holdings Inc. $HLT

Northwestern Mutual Wealth Management Co. increased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.4% in the second quarter, bringing its total to 200,598 shares valued at approximately $66.3 million. Institutional investors now own 95.9% of Hilton's outstanding stock. Hilton recently reported quarterly EPS of $2.29, beating estimates, with revenue up 6.5% year-over-year, and analysts maintain a "Moderate Buy" rating with an average price target of $353.82.