Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives Consensus Recommendation of "Hold" from Analysts – MarketBeat

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Shares of Hilton Worldwide Holdings Inc. (NYSE:HLTGet Rating) have received an average rating of “Hold” from the eighteen ratings firms that are currently covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $150.59.
A number of equities analysts have weighed in on the company. Cowen lowered their price target on Hilton Worldwide to $130.00 in a research report on Friday, July 22nd. StockNews.com initiated coverage on Hilton Worldwide in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Evercore ISI upgraded Hilton Worldwide from an “in-line” rating to an “outperform” rating and reduced their price objective for the stock from $155.00 to $150.00 in a report on Monday, July 11th. Berenberg Bank upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $140.00 to $152.00 in a report on Thursday, September 15th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Hilton Worldwide from $120.00 to $123.00 in a report on Thursday.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $133.40 on Friday. The stock’s 50-day simple moving average is $127.57 and its 200 day simple moving average is $130.72. The company has a market cap of $36.59 billion, a P/E ratio of 38.67, a P/E/G ratio of 0.66 and a beta of 1.21. Hilton Worldwide has a 52-week low of $108.41 and a 52-week high of $167.99.
Hilton Worldwide (NYSE:HLTGet Rating) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.24. The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.10 billion. Hilton Worldwide had a negative return on equity of 114.54% and a net margin of 12.83%. The business’s revenue was up 68.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.56 earnings per share. As a group, equities analysts predict that Hilton Worldwide will post 4.41 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Thursday, November 10th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, November 9th. This represents a $0.60 annualized dividend and a yield of 0.45%. Hilton Worldwide’s dividend payout ratio is currently 17.39%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HLT. US Bancorp DE increased its holdings in shares of Hilton Worldwide by 13.1% during the third quarter. US Bancorp DE now owns 11,149 shares of the company’s stock worth $1,344,000 after buying an additional 1,292 shares in the last quarter. Sendero Wealth Management LLC increased its holdings in shares of Hilton Worldwide by 64.5% during the third quarter. Sendero Wealth Management LLC now owns 7,424 shares of the company’s stock worth $895,000 after buying an additional 2,910 shares in the last quarter. CWM LLC increased its holdings in shares of Hilton Worldwide by 19.4% during the third quarter. CWM LLC now owns 2,660 shares of the company’s stock worth $321,000 after buying an additional 433 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Hilton Worldwide by 2.6% during the third quarter. Robeco Institutional Asset Management B.V. now owns 102,055 shares of the company’s stock worth $12,309,000 after buying an additional 2,581 shares in the last quarter. Finally, Strs Ohio increased its holdings in shares of Hilton Worldwide by 12.4% during the third quarter. Strs Ohio now owns 588,000 shares of the company’s stock worth $70,924,000 after buying an additional 65,000 shares in the last quarter. 95.53% of the stock is currently owned by institutional investors and hedge funds.

About Hilton Worldwide

(Get Rating)
Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Tempo by Hilton, Motto by Hilton, Signia by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations.

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Analyst Recommendations for Hilton Worldwide (NYSE:HLT)
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