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KIC boosted its Hilton stake by 30,232 shares, worth $31.34M, as Hilton reported strong earnings.
In the fourth quarter, Korea Investment Corporation (KIC) increased its stake in Hilton Worldwide Holdings Inc. by purchasing 30,232 additional shares, now owning a $31.34 million position.
Hilton reported earnings per share (EPS) of $1.76, surpassing the expected $1.67.
The company, known for managing hotels and resorts under various brands, has a market cap of $54.25 billion.
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KIC aumentó su participación en Hilton en 30.232 acciones, valoradas en $31.34 millones, ya que Hilton reportó fuertes ganancias.