Hilton Worldwide Holdings Inc. (NYSE:HLT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) have earned a consensus rating of “Hold” from the nineteen analysts that are covering the company, Marketbeat reports. Eleven research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $245.56.

HLT has been the topic of several research reports. Morgan Stanley cut their target price on Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Raymond James increased their target price on Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Barclays cut their target price on Hilton Worldwide from $233.00 to $232.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 30th. Susquehanna increased their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Finally, Mizuho reissued a “neutral” rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th.

Institutional Investors Weigh In On Hilton Worldwide

Large investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC acquired a new stake in Hilton Worldwide during the 4th quarter valued at $275,000. Golden State Equity Partners lifted its holdings in Hilton Worldwide by 61.2% during the 4th quarter. Golden State Equity Partners now owns 1,238 shares of the company’s stock valued at $306,000 after purchasing an additional 470 shares during the last quarter. Catalina Capital Group LLC acquired a new stake in Hilton Worldwide during the 4th quarter valued at $221,000. Resonant Capital Advisors LLC acquired a new stake in Hilton Worldwide during the 4th quarter valued at $201,000. Finally, Longboard Asset Management LP acquired a new stake in Hilton Worldwide during the 4th quarter valued at $242,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 0.8%

Shares of HLT stock opened at $251.19 on Wednesday. The stock’s 50-day moving average price is $230.83 and its 200 day moving average price is $243.65. Hilton Worldwide has a 52-week low of $196.04 and a 52-week high of $275.22. The stock has a market capitalization of $59.71 billion, a PE ratio of 40.84, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.11. The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.73 billion. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.53 EPS. Analysts expect that Hilton Worldwide will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Monday, May 26th will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, May 23rd. This represents a yield of 0.23%. Hilton Worldwide’s payout ratio is 9.46%.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing 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 luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.