2 weeks Ago By ABMN Staff
Shares of Hilton Worldwide Holdings Inc. ( NYSE:HLT – Get Free Report ) have been assigned an average rating of “Moderate Buy” from the nineteen research firms that are currently covering the company, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company.
The average 1-year price objective among brokers that have covered the stock in the last year is $213.95. HLT has been the subject of a number of analyst reports.
Robert W. Baird decreased their price target on Hilton Worldwide from $216.00 to $215.
00 and set an “outperform” rating for the company in a report on Thursday, August 8th. JPMorgan Chase & Co. boosted their price objective on shares of Hilton Worldwide from $200.
00 to $216.00 and gave the company a “neutral” rating in a research report on Friday, July 19th. The Goldman Sachs Group assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, September 18th.
They set a “buy” rating and a $245.00 price target for the company. Macquarie raised their price target on Hilton Worldwide from $205.
00 to $208.00 and gave the company a “neutral” rating in a report on Wednesday, August 7th. Finally, Susquehanna started coverage on Hilton Worldwide in a research report on Friday, June 21st.
They issued a “neutral” rating and a $215.00 target price for the company. Check Out Our Latest Stock Report on Hilton Worldwide Hilton Worldwide Price Performance Hilton Worldwide ( NYSE:HLT – Get Free Report ) last announced its earnings results on Wednesday, August 7th.
The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.
05. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.
65%. The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.
90 billion. During the same quarter last year, the business earned $1.63 earnings per share.
Hilton Worldwide’s revenue was up 10.9% compared to the same quarter last year. Equities research analysts expect that Hilton Worldwide will post 7.
05 earnings per share for the current fiscal year. Hilton Worldwide Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 23rd were given a $0.
15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.
26%. The ex-dividend date was Friday, August 23rd. Hilton Worldwide’s payout ratio is presently 13.
04%. Insider Transactions at Hilton Worldwide In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $217.
00, for a total transaction of $1,067,423.00. Following the completion of the transaction, the insider now owns 15,949 shares of the company’s stock, valued at $3,460,933.
The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink . Insiders own 2.50% of the company’s stock.
Institutional Trading of Hilton Worldwide A number of institutional investors have recently bought and sold shares of the company. Independence Bank of Kentucky increased its stake in Hilton Worldwide by 66.7% in the 1st quarter.
Independence Bank of Kentucky now owns 125 shares of the company’s stock valued at $27,000 after buying an additional 50 shares during the last quarter. Raleigh Capital Management Inc. grew its position in Hilton Worldwide by 48.
7% during the fourth quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock valued at $31,000 after acquiring an additional 56 shares during the last quarter.
EdgeRock Capital LLC purchased a new position in Hilton Worldwide in the 2nd quarter worth $33,000. Pinnacle Bancorp Inc. purchased a new stake in Hilton Worldwide during the 1st quarter valued at about $34,000.
Finally, Manchester Capital Management LLC increased its stake in shares of Hilton Worldwide by 247.8% in the first quarter. Manchester Capital Management LLC now owns 160 shares of the company’s stock worth $34,000 after buying an additional 114 shares during the period.
Institutional investors own 95.90% of the company’s stock. Hilton Worldwide Company Profile ( Get Free Report 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.
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