BidaskClub cut shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) from a hold rating to a sell rating in a report published on Friday.

A number of other brokerages have also recently issued reports on HLT. TheStreet cut shares of Hilton Worldwide Holdings from a b rating to a c+ rating in a report on Friday, June 30th. Berenberg Bank reissued a sell rating and set a $47.00 target price on shares of Hilton Worldwide Holdings in a report on Thursday, July 27th. Telsey Advisory Group boosted their target price on shares of Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a market perform rating in a report on Wednesday, July 26th. Deutsche Bank AG boosted their target price on shares of Hilton Worldwide Holdings from $65.00 to $68.00 and gave the company a buy rating in a report on Wednesday, May 3rd. Finally, Barclays PLC boosted their target price on shares of Hilton Worldwide Holdings from $63.00 to $64.00 and gave the company an equal weight rating in a report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of $72.39.

Shares of Hilton Worldwide Holdings (NYSE:HLT) traded up 1.10% during midday trading on Friday, reaching $63.22. The company had a trading volume of 889,432 shares. The company has a 50 day moving average price of $63.44 and a 200-day moving average price of $60.49. Hilton Worldwide Holdings has a one year low of $45.32 and a one year high of $67.79. The firm has a market capitalization of $20.50 billion, a P/E ratio of 526.83 and a beta of 1.30.

Hilton Worldwide Holdings (NYSE:HLT) last posted its quarterly earnings results on Wednesday, July 26th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.31 billion. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. Hilton Worldwide Holdings’s revenue was up 20.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 EPS. On average, analysts anticipate that Hilton Worldwide Holdings will post $1.83 EPS for the current fiscal year.

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The business also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, August 18th will be given a $0.15 dividend. The ex-dividend date is Wednesday, August 16th. This represents a $0.60 annualized dividend and a yield of 0.96%. Hilton Worldwide Holdings’s dividend payout ratio (DPR) is presently 461.33%.

A number of hedge funds have recently bought and sold shares of HLT. Renaissance Technologies LLC acquired a new stake in Hilton Worldwide Holdings during the fourth quarter valued at about $5,938,000. Chevy Chase Trust Holdings Inc. acquired a new stake in Hilton Worldwide Holdings during the second quarter valued at about $10,918,000. Macquarie Group Ltd. raised its stake in Hilton Worldwide Holdings by 1,393.3% in the fourth quarter. Macquarie Group Ltd. now owns 179,200 shares of the company’s stock valued at $4,873,000 after buying an additional 167,200 shares during the last quarter. UBS Asset Management Americas Inc. raised its stake in Hilton Worldwide Holdings by 7.4% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,733,825 shares of the company’s stock valued at $47,161,000 after buying an additional 118,997 shares during the last quarter. Finally, Retirement Systems of Alabama acquired a new stake in Hilton Worldwide Holdings during the second quarter valued at about $6,145,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.

Analyst Recommendations for Hilton Worldwide Holdings (NYSE:HLT)

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