Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives Consensus Recommendation of "Hold" from Brokerages

Hilton Worldwide Holdings Inc. (NYSE:HLT - Get Free Report) has earned a consensus rating of "Hold" from the nineteen analysts that are presently covering the stock, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $245.56.

A number of research analysts have recently weighed in on the company. Susquehanna increased their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and raised their price target for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Dbs Bank upgraded shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Finally, Macquarie decreased their target price on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd.

Hilton Worldwide Stock Performance

HLT stock traded down $1.05 during trading on Wednesday, reaching $248.38. The company had a trading volume of 1,024,299 shares, compared to its average volume of 2,076,679. Hilton Worldwide has a twelve month low of $196.04 and a twelve month high of $275.22. The company has a market cap of $59.04 billion, a price-to-earnings ratio of 40.39, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. The firm has a 50-day simple moving average of $231.31 and a 200-day simple moving average of $243.70.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the previous year, the firm posted $1.53 earnings per share. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. Sell-side analysts expect that Hilton Worldwide will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, May 26th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 0.23%. Hilton Worldwide's dividend payout ratio (DPR) is 9.46%.

Institutional Investors Weigh In On Hilton Worldwide

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Noble Wealth Management PBC acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at about $27,000. VSM Wealth Advisory LLC purchased a new position in Hilton Worldwide in the 4th quarter valued at about $28,000. Sierra Ocean LLC acquired a new stake in Hilton Worldwide in the 4th quarter worth about $36,000. ORG Partners LLC increased its stake in Hilton Worldwide by 78.7% during the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after buying an additional 74 shares in the last quarter. Finally, Beacon Capital Management LLC raised its holdings in shares of Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after acquiring an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

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.