Victory Capital Management Inc. Cuts Holdings in Hilton Worldwide Holdings Inc. $HLT

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Victory Capital Management Inc. reduced its stake in Hilton Worldwide Holdings Inc. by 14.8% in the third quarter, while other institutional investors also adjusted their positions. Insider Christopher J. Nassetta sold a significant number of shares, decreasing his holdings by 75.82%. Analysts have mostly maintained a “Moderate Buy” rating for Hilton Worldwide, setting an average target price of $326.32, with the company recently reporting earnings that beat consensus estimates and announcing a quarterly dividend.

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