Washington Hilton Shooting Injures Officer as Abacus FCF Cuts Stake 7.9%
Hilton Worldwide faced a security breach at its Washington Hilton property when a 31-year-old armed suspect opened fire at a White House Correspondents’ Dinner checkpoint, injuring a Secret Service officer's vest and prompting evacuations. Abacus FCF Advisors cut its stake by 7.9%, selling 4,973 shares to hold 57,918 after Q4.
1. Security Incident at Washington Hilton
A 31-year-old armed suspect opened fire at a Secret Service checkpoint in the Washington Hilton lobby during the White House Correspondents’ Dinner, prompting guests including the President and senior administration officials to be evacuated from the ballroom. The suspect, armed with a shotgun and semi-automatic pistol, injured a Secret Service uniformed division officer whose vest stopped the round; the shooter was apprehended and faces multiple assault charges.
2. Abacus FCF Advisors Lowers Position
Abacus FCF Advisors LLC reduced its holdings in Hilton Worldwide by 7.9% in Q4, selling 4,973 shares and ending the period with 57,918 shares owned. The move represents a modest portfolio adjustment ahead of any potential security cost impacts or broader market volatility.