Is Hilton Worldwide Holdings Inc. (NYSE:HLT) the Best Hotel Stock to Buy This Summer? [Yahoo! Finance]
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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ir.hilton.com
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Source: Yahoo! Finance
Billionaire Bill Ackman recently made headlines after reports suggested he plans to take his investment firm public as soon as next year. A Wall Street Journal report said the 58-year-old billionaire was selling a stake in Pershing Square to investors as part of a funding round that could value the firm at about $10.5 billion. According to data from WSJ, Pershing Square managed over $16 billion in assets as of the end of April. The publication said Ackman has told investors that he plans to at least quadruple assets under management. Ackman has run a concentrated portfolio for years. As of the end of the March quarter this year, his portfolio was worth over $10 billion, with just seven stocks. And yet Ackman made $610 million last year, coming in at the seventh position in Bloomberg's annual list of the best-paid hedge fund founders. In 2022, Ackman, who writes long and fiery posts on Twitter, announced that he was done with activist investing and was taking a “quieter approach.”
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HLT
Earnings
- 4/24/24 - Beat
HLT
Sec Filings
- 6/14/24 - Form 8-K
- 5/29/24 - Form 4
- 5/17/24 - Form 4
- HLT's page on the SEC website