Shares of Hilton Worldwide Holdings Inc (NYSE:HLT) have been given a consensus rating of “Buy” by the twenty-two research firms that are covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $80.47.
HLT has been the topic of a number of analyst reports. Argus upped their target price on shares of Hilton Worldwide from $2.40 to $94.00 and gave the stock a “positive” rating in a report on Wednesday, January 3rd. Morgan Stanley lowered shares of Hilton Worldwide from an “overweight” rating to an “equal weight” rating and set a $84.00 target price on the stock. in a report on Wednesday, January 17th. Barclays reaffirmed a “hold” rating and set a $88.00 target price on shares of Hilton Worldwide in a report on Friday, February 16th. Wells Fargo upped their target price on shares of Hilton Worldwide from $78.00 to $88.00 and gave the stock a “market perform” rating in a report on Thursday, February 15th. Finally, SunTrust Banks upped their target price on shares of Hilton Worldwide to $92.00 and gave the stock a “buy” rating in a report on Thursday, February 15th.
A number of hedge funds have recently added to or reduced their stakes in the business. Lombard Odier Asset Management Europe Ltd purchased a new stake in shares of Hilton Worldwide in the 4th quarter valued at $208,000. Zeke Capital Advisors LLC purchased a new stake in shares of Hilton Worldwide in the 3rd quarter valued at $265,000. FNY Partners Fund LP boosted its stake in shares of Hilton Worldwide by 19,575.0% in the 3rd quarter. FNY Partners Fund LP now owns 3,935 shares of the company’s stock valued at $273,000 after purchasing an additional 3,915 shares in the last quarter. Jump Trading LLC purchased a new stake in shares of Hilton Worldwide in the 4th quarter valued at $286,000. Finally, Atria Investments LLC purchased a new stake in shares of Hilton Worldwide in the 4th quarter valued at $292,000. 98.69% of the stock is owned by institutional investors and hedge funds.
Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, February 14th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.10. Hilton Worldwide had a net margin of 13.77% and a return on equity of 39.37%. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the firm posted $0.70 earnings per share. The company’s quarterly revenue was up 23.9% compared to the same quarter last year. equities analysts expect that Hilton Worldwide will post 2.62 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 2nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 1st. This represents a $0.60 dividend on an annualized basis and a yield of 0.76%. Hilton Worldwide’s dividend payout ratio is presently 30.00%.
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About Hilton Worldwide
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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