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Hilton Worldwide Holdings Inc. $HLT Shares Sold by Public Sector Pension Investment Board
Public Sector Pension Investment Board significantly cut its stake in Hilton Worldwide Holdings Inc. (HLT) by 93.7% in the third quarter, selling over 300,000 shares. Additionally, insider Christopher J. Nassetta sold 114,289 shares for approximately $36.28 million, reducing his ownership by about 75%. Despite these sales, analysts generally maintain a “Moderate Buy” rating for Hilton with an average target price of $321.24, and the company recently declared a quarterly dividend of $0.15.