An issue of Hilton Worldwide Holdings Inc. (NYSE:HLT) debt fell 0.4% as a percentage of its face value during trading on Friday. The high-yield debt issue has a 4.625% coupon and is set to mature on April 1, 2025. The bonds in the issue are now trading at $104.38 and were trading at $103.75 one week ago. Price moves in a company’s debt in credit markets often anticipate parallel moves in its share price.

Several research firms recently issued reports on HLT. TheStreet cut Hilton Worldwide Holdings from a “b” rating to a “c+” rating in a research report on Friday, June 30th. Berenberg Bank reiterated a “sell” rating and set a $47.00 target price on shares of Hilton Worldwide Holdings in a research note on Thursday, July 27th. BidaskClub lowered Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. Telsey Advisory Group upped their price objective on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 26th. Finally, Barclays PLC upped their price objective on Hilton Worldwide Holdings from $63.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $71.89.

Hilton Worldwide Holdings Inc. (NYSE HLT) traded up 0.40% during trading on Friday, reaching $64.59. 1,273,114 shares of the company were exchanged. The stock has a 50 day moving average price of $62.46 and a 200 day moving average price of $61.20. The firm has a market capitalization of $20.94 billion, a PE ratio of 538.25 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 12 month low of $45.32 and a 12 month high of $67.79.

Hilton Worldwide Holdings (NYSE:HLT) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.31 billion. Hilton Worldwide Holdings had a return on equity of 19.65% and a net margin of 0.39%. The company’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 earnings per share. On average, analysts expect that Hilton Worldwide Holdings Inc. will post $1.84 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, August 18th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.93%. The ex-dividend date is Wednesday, August 16th. Hilton Worldwide Holdings’s dividend payout ratio (DPR) is presently 461.33%.

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Hilton Worldwide Holdings by 46.3% in the second quarter. Vanguard Group Inc. now owns 13,600,970 shares of the company’s stock valued at $841,220,000 after buying an additional 4,302,706 shares during the period. BlackRock Inc. increased its stake in shares of Hilton Worldwide Holdings by 13.7% in the second quarter. BlackRock Inc. now owns 12,048,689 shares of the company’s stock valued at $745,212,000 after buying an additional 1,448,078 shares during the period. State Street Corp increased its stake in shares of Hilton Worldwide Holdings by 141.6% in the second quarter. State Street Corp now owns 7,865,113 shares of the company’s stock valued at $486,454,000 after buying an additional 4,609,697 shares during the period. FMR LLC increased its stake in shares of Hilton Worldwide Holdings by 2.6% in the second quarter. FMR LLC now owns 3,910,463 shares of the company’s stock valued at $241,862,000 after buying an additional 98,978 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of Hilton Worldwide Holdings by 49.5% in the second quarter. Bank of New York Mellon Corp now owns 3,478,949 shares of the company’s stock valued at $215,173,000 after buying an additional 1,152,164 shares during the period. 99.27% of the stock is owned by hedge funds and other institutional investors.

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About Hilton Worldwide Holdings

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.

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