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

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) have received a consensus recommendation of “Hold” from the twenty-one brokerages that are covering the company, MarketBeat.com reports. Eleven research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $219.47.

A number of analysts have recently commented on HLT shares. Robert W. Baird set a $235.00 price objective on Hilton Worldwide in a report on Thursday. Truist Financial dropped their price target on Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating for the company in a research note on Thursday, August 8th. Evercore ISI lifted their price objective on Hilton Worldwide from $210.00 to $240.00 and gave the company an “in-line” rating in a research note on Monday. The Goldman Sachs Group initiated coverage on shares of Hilton Worldwide in a research report on Wednesday, September 18th. They set a “buy” rating and a $245.00 target price for the company. Finally, JPMorgan Chase & Co. lifted their price target 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.

Insider Activity at Hilton Worldwide

In other news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide 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 sale, the insider now directly owns 15,949 shares in the company, valued at $3,460,933. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Independence Bank of Kentucky raised its holdings in shares of Hilton Worldwide by 66.7% in the first 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. EdgeRock Capital LLC bought a new position in shares of Hilton Worldwide during the second quarter worth $33,000. Pinnacle Bancorp Inc. acquired a new position in shares of Hilton Worldwide in the 1st quarter valued at $34,000. Manchester Capital Management LLC increased its position in shares of Hilton Worldwide by 247.8% in the 1st quarter. Manchester Capital Management LLC now owns 160 shares of the company’s stock valued at $34,000 after buying an additional 114 shares in the last quarter. Finally, NewSquare Capital LLC bought a new position in Hilton Worldwide during the second quarter worth about $37,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Down 0.7 %

NYSE HLT opened at $237.03 on Tuesday. The business’s 50-day moving average price is $223.34 and its 200 day moving average price is $213.62. Hilton Worldwide has a twelve month low of $146.36 and a twelve month high of $240.00. The company has a market capitalization of $59.27 billion, a PE ratio of 51.53, a price-to-earnings-growth ratio of 2.60 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same period last year, the company earned $1.63 earnings per share. The company’s quarterly revenue was up 10.9% on a year-over-year basis. Equities analysts predict that Hilton Worldwide will post 7.05 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 23rd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.25%. The ex-dividend date was Friday, August 23rd. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

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.