Analysts Set Hilton Worldwide Holdings Inc. (NYSE:HLT) PT at $213.95

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) have been given an average rating of “Moderate Buy” by the nineteen research firms that are presently covering the firm, MarketBeat reports. Nine 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 analysts that have issued ratings on the stock in the last year is $213.95.

A number of research firms recently weighed in on HLT. Bank of America upped their target price on shares of Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. JPMorgan Chase & Co. increased their price objective on Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a research note on Friday, July 19th. Deutsche Bank Aktiengesellschaft cut their target price on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th. Robert W. Baird lowered their price target on Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group assumed coverage on shares of Hilton Worldwide in a report on Wednesday, September 18th. They set a “buy” rating and a $245.00 price objective on the stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $229.83 on Friday. Hilton Worldwide has a one year low of $146.35 and a one year high of $235.67. The business has a 50-day simple moving average of $216.09 and a 200 day simple moving average of $211.19. The firm has a market capitalization of $57.47 billion, a price-to-earnings ratio of 49.96, a PEG ratio of 2.46 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last issued 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. The company had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. Hilton Worldwide’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same period last year, the business earned $1.63 EPS. On average, sell-side analysts expect that Hilton Worldwide will post 7.05 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, August 23rd were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend was Friday, August 23rd. Hilton Worldwide’s dividend payout ratio is currently 13.04%.

Insider Transactions at Hilton Worldwide

In related news, insider Laura Fuentes sold 4,919 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 2.50% of the company’s stock.

Hedge Funds Weigh In On Hilton Worldwide

A number of large investors have recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in shares of Hilton Worldwide by 2.1% in the second quarter. Principal Financial Group Inc. now owns 9,326,879 shares of the company’s stock worth $2,035,125,000 after acquiring an additional 190,429 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Hilton Worldwide by 10.5% in the first quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the company’s stock worth $1,715,908,000 after acquiring an additional 761,104 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in shares of Hilton Worldwide by 36.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,754,647 shares of the company’s stock worth $1,037,464,000 after acquiring an additional 1,282,676 shares during the period. Putnam Investments LLC boosted its stake in Hilton Worldwide by 6.0% during the fourth quarter. Putnam Investments LLC now owns 3,826,023 shares of the company’s stock valued at $696,680,000 after buying an additional 216,219 shares during the period. Finally, Capital World Investors boosted its stake in Hilton Worldwide by 66.3% during the first quarter. Capital World Investors now owns 3,127,600 shares of the company’s stock valued at $667,148,000 after buying an additional 1,246,662 shares during the period. 95.90% of the stock is owned by institutional investors.

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.