Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives Average Rating of “Hold” from Brokerages

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) have earned a consensus rating of “Hold” from the nineteen ratings firms that are presently covering the firm, Marketbeat.com reports. Eleven analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $228.71.

Several equities analysts recently issued reports on HLT shares. Melius Research reissued a “hold” rating on shares of Hilton Worldwide in a report on Monday, October 21st. Evercore ISI boosted their target price on Hilton Worldwide from $210.00 to $240.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Wells Fargo & Company decreased their price target on Hilton Worldwide from $237.00 to $232.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 24th. Robert W. Baird lifted their price objective on Hilton Worldwide from $235.00 to $236.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, TD Cowen decreased their target price on Hilton Worldwide from $265.00 to $256.00 and set a “buy” rating on the stock in a report on Thursday, October 24th.

Hilton Worldwide Trading Up 0.4 %

HLT stock opened at $237.17 on Tuesday. Hilton Worldwide has a 1-year low of $148.25 and a 1-year high of $240.00. The business’s 50 day moving average is $225.93 and its 200-day moving average is $214.51. The firm has a market cap of $59.30 billion, a P/E ratio of 51.56, a P/E/G ratio of 2.64 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.07. The firm had revenue of $2.87 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%. The business’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.67 earnings per share. Sell-side analysts forecast that Hilton Worldwide will post 7.03 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s dividend payout ratio (DPR) is currently 13.04%.

Insider Transactions at Hilton Worldwide

In related news, insider Michael W. Duffy sold 14,357 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total transaction of $3,384,375.61. Following the completion of the transaction, the insider now owns 22,833 shares in the company, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Hilton Worldwide 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 transaction, the insider now directly owns 15,949 shares in the company, valued at approximately $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael W. Duffy sold 14,357 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the completion of the sale, the insider now owns 22,833 shares of the company’s stock, valued at $5,382,423.09. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

Institutional Trading of Hilton Worldwide

Large investors have recently bought and sold shares of the business. Massmutual Trust Co. FSB ADV increased its position in shares of Hilton Worldwide by 4.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 1,169 shares of the company’s stock worth $269,000 after acquiring an additional 46 shares in the last quarter. Meadow Creek Wealth Advisors LLC increased its holdings in Hilton Worldwide by 4.2% during the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 1,184 shares of the company’s stock worth $273,000 after purchasing an additional 48 shares in the last quarter. Independence Bank of Kentucky raised its stake in shares of 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 purchasing an additional 50 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Hilton Worldwide by 1.5% in the first quarter. EP Wealth Advisors LLC now owns 3,616 shares of the company’s stock valued at $771,000 after purchasing an additional 54 shares in the last quarter. Finally, AA Financial Advisors LLC boosted its position in shares of Hilton Worldwide by 4.0% during the second quarter. AA Financial Advisors LLC now owns 1,434 shares of the company’s stock worth $313,000 after buying an additional 55 shares during the period. 95.90% of the stock is owned by institutional investors.

About Hilton Worldwide

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.