Hilton Worldwide (NYSE:HLT) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Hilton Worldwide (NYSE:HLT - Get Free Report) had its price objective increased by research analysts at Robert W. Baird from $246.00 to $276.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has an "outperform" rating on the stock. Robert W. Baird's target price indicates a potential upside of 1.78% from the company's previous close.

Several other brokerages have also recently commented on HLT. Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Macquarie reduced their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Barclays reduced their price objective on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Evercore ISI reduced their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research note on Wednesday, April 23rd. Finally, Morgan Stanley dropped their target price on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Ten analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and an average price target of $250.94.

Hilton Worldwide Stock Down 0.4%

NYSE HLT traded down $1.03 during trading hours on Wednesday, reaching $271.18. 1,002,346 shares of the company were exchanged, compared to its average volume of 1,786,912. Hilton Worldwide has a 1 year low of $196.04 and a 1 year high of $279.46. The business's 50 day simple moving average is $257.16 and its 200-day simple moving average is $245.76. The stock has a market capitalization of $64.46 billion, a P/E ratio of 42.82, a P/E/G ratio of 3.08 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.61 by $0.11. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The company's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business earned $1.53 earnings per share. As a group, sell-side analysts anticipate that Hilton Worldwide will post 7.89 earnings per share for the current year.

Institutional Trading of Hilton Worldwide

Institutional investors have recently bought and sold shares of the company. VSM Wealth Advisory LLC purchased a new stake in Hilton Worldwide during the 4th quarter valued at about $28,000. ORG Partners LLC grew its position in Hilton Worldwide by 78.7% during the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC grew its position in Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the last quarter. Valley National Advisers Inc. grew its position in Hilton Worldwide by 244.8% during 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 purchased a new stake in Hilton Worldwide during the 4th quarter valued at about $52,000. 95.90% of the stock is owned by hedge funds and other 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.