Hilton Worldwide (NYSE:HLT – Get Rating) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, May 3rd. Analysts expect the company to announce earnings of $0.59 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Hilton Worldwide (NYSE:HLT – Get Rating) last posted its quarterly earnings data on Wednesday, February 16th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. Hilton Worldwide had a net margin of 7.08% and a negative return on equity of 46.88%. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter last year, the company posted ($0.10) EPS. The company’s quarterly revenue was up 106.3% compared to the same quarter last year. On average, analysts expect Hilton Worldwide to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of HLT stock opened at $155.94 on Tuesday. The firm has a market capitalization of $43.54 billion, a price-to-earnings ratio of 107.54 and a beta of 1.26. The firm’s 50 day moving average is $149.00 and its 200-day moving average is $146.95. Hilton Worldwide has a 1 year low of $114.70 and a 1 year high of $167.99.
In related news, Director Raymond E. Mabus acquired 700 shares of the company’s stock in a transaction that occurred on Friday, March 11th. The shares were acquired at an average cost of $144.70 per share, for a total transaction of $101,290.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Matthew W. Schuyler sold 3,000 shares of the company’s stock in a transaction on Monday, April 18th. The stock was sold at an average price of $157.32, for a total transaction of $471,960.00. Following the completion of the transaction, the insider now directly owns 262,714 shares of the company’s stock, valued at $41,330,166.48. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,657 shares of company stock worth $1,883,800. 2.40% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its stake in shares of Hilton Worldwide by 12.4% during the 4th quarter. Cetera Investment Advisers now owns 2,498 shares of the company’s stock worth $390,000 after acquiring an additional 276 shares in the last quarter. Advisors Asset Management Inc. grew its position in Hilton Worldwide by 61.4% in the fourth quarter. Advisors Asset Management Inc. now owns 11,269 shares of the company’s stock valued at $1,758,000 after purchasing an additional 4,287 shares in the last quarter. Belpointe Asset Management LLC grew its position in Hilton Worldwide by 4.0% in the fourth quarter. Belpointe Asset Management LLC now owns 2,058 shares of the company’s stock valued at $321,000 after purchasing an additional 79 shares in the last quarter. Penserra Capital Management LLC increased its stake in Hilton Worldwide by 67.6% in the 4th quarter. Penserra Capital Management LLC now owns 11,567 shares of the company’s stock valued at $1,804,000 after buying an additional 4,667 shares during the last quarter. Finally, NEXT Financial Group Inc lifted its position in Hilton Worldwide by 13.0% during the 4th quarter. NEXT Financial Group Inc now owns 617 shares of the company’s stock worth $96,000 after buying an additional 71 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.
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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