Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives $253.31 Average Price Target from Analysts

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nineteen analysts that are currently covering the stock, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $258.56.

HLT has been the topic of several recent analyst reports. Barclays lowered their target price on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research note on Thursday. Macquarie increased their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research note on Wednesday. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and increased their target price for the stock from $228.00 to $296.00 in a research note on Monday, May 12th. Morgan Stanley lowered their target price on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Robert W. Baird increased their target price on shares of Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research note on Thursday.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HLT. ORG Partners LLC increased its holdings in shares of 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 during the last quarter. Beacon Capital Management LLC increased its holdings in shares of Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after buying an additional 76 shares during the last quarter. LRI Investments LLC increased its holdings in shares of Hilton Worldwide by 84.1% during the 2nd quarter. LRI Investments LLC now owns 151 shares of the company's stock worth $40,000 after buying an additional 69 shares during the last quarter. Valley National Advisers Inc. increased its holdings in Hilton Worldwide by 244.8% in the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares during the last quarter. Finally, Graney & King LLC acquired a new stake in Hilton Worldwide in the 4th quarter valued at approximately $52,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Trading Up 2.2%

HLT traded up $5.93 during midday trading on Thursday, hitting $273.50. 1,735,577 shares of the company were exchanged, compared to its average volume of 2,179,280. The company's 50 day simple moving average is $259.41 and its 200 day simple moving average is $246.86. The firm has a market capitalization of $64.32 billion, a price-to-earnings ratio of 42.01, a price-to-earnings-growth ratio of 2.72 and a beta of 1.25. Hilton Worldwide has a 1-year low of $196.04 and a 1-year high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.16. The company had revenue of $3.14 billion for the quarter, compared to the consensus estimate of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. The firm's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the firm earned $1.91 EPS. On average, equities analysts anticipate that Hilton Worldwide will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is 9.22%.

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.