This is a Hilton news story, published by Yahoo Finance, that relates primarily to Ackman news.
For more Hilton news, you can click here:
more Hilton newsFor more Ackman news, you can click here:
more Ackman newsFor more stocks trading & speculation news, you can click here:
more stocks trading & speculation newsFor more news from Yahoo Finance, you can click here:
more news from Yahoo FinanceOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like stocks trading & speculation news, you might also like this article about
Billionaire Investor Bill Ackman. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest hedge fund news, billionaire investor news, stocks trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Pershing Square Capital ManagementThe Motley Fool
•82% Informative
Pershing Square Capital Management founder Bill Ackman sold more than 8 million shares of Hilton during the second quarter .
The billionaire investor increased his stake slightly in Q2 , adding 381,000 shares, an increase of about 1.6% .
Ackman also sold nearly 29 million shares worth roughly $1.5 billion , representing 15% of the portfolio.
Ackman now holds 7.5 million Class C shares (no voting rights) worth roughly $1.2 billion .
He also sold 1.8 million shares of Alphabet (NASDAQ: GOOG) and reduced his position by 20% .
Like Warren Buffett and Bill Gates , Ackman has placed a solid bet on North American railroads.
On rare occasions, our expert team of analysts issues a “ Double Down ” stock recommendation for companies that they think are about to pop.
If you invested $ 1,000 when we doubled down in 2010 , you’d have $ 20,001 ! Amazon is now the best time to buy before it’s too late.
VR Score
83
Informative language
82
Neutral language
53
Article tone
formal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
6
Source diversity
2
Affiliate links
no affiliate links