Hilton Worldwide Holdings Inc. (HLT): Billionaire Bill Ackman Is Optimistic About It

In billionaire Bill Ackman’s Pershing Square‘s Annual Letter for 2018, the fund disclosed a careful analysis of every position from its 13F portfolio, including Hilton Worldwide Holdings Inc. (NYSE:HLT). You can download a copy of the letter – here. Bill Ackman pointed out that the company is trading at less than 23 times of his estimates of 2019 earnings, which represents a lower price than of its historical average. He thinks that the company is an attractive investment with great future...