Hilton Worldwide Holdings Inc. (NYSE:HLT) had its price target hoisted by Barclays PLC from $63.00 to $64.00 in a report issued on Thursday morning. They currently have an equal weight rating on the stock.

A number of other brokerages have also recently weighed in on HLT. TheStreet cut Hilton Worldwide Holdings from a b rating to a c+ rating in a report on Friday, June 30th. BidaskClub cut Hilton Worldwide Holdings from a buy rating to a hold rating in a report on Friday, June 23rd. Telsey Advisory Group raised their price objective on 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 raised their price objective on Hilton Worldwide Holdings from $65.00 to $68.00 and gave the company a buy rating in a report on Wednesday, May 3rd. Finally, Zacks Investment Research raised Hilton Worldwide Holdings from a hold rating to a buy rating and set a $68.00 price objective on the stock in a report on Friday, May 5th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company. Hilton Worldwide Holdings presently has a consensus rating of Buy and a consensus price target of $72.33.

Hilton Worldwide Holdings (NYSE:HLT) traded up 0.40% during mid-day trading on Thursday, hitting $62.71. The stock had a trading volume of 785,334 shares. The firm has a market cap of $20.33 billion, a PE ratio of 522.58 and a beta of 1.30. Hilton Worldwide Holdings has a 52 week low of $45.32 and a 52 week high of $67.79. The company’s 50 day moving average price is $63.51 and its 200 day moving average price is $60.37.

Hilton Worldwide Holdings (NYSE:HLT) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 return on equity of 19.65% and a net margin of 0.39%. Hilton Worldwide Holdings’s revenue for the quarter was up 20.3% compared to the same quarter last year. During the same period last year, the firm posted $0.25 EPS. Analysts anticipate that Hilton Worldwide Holdings will post $1.83 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, August 18th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.96%. Hilton Worldwide Holdings’s dividend payout ratio is currently 461.33%.

Several large investors have recently modified their holdings of HLT. Creative Planning raised its stake in Hilton Worldwide Holdings by 51.7% in the second quarter. Creative Planning now owns 3,723 shares of the company’s stock valued at $230,000 after buying an additional 1,269 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in Hilton Worldwide Holdings during the second quarter valued at $414,000. State of Alaska Department of Revenue raised its stake in Hilton Worldwide Holdings by 68.8% in the second quarter. State of Alaska Department of Revenue now owns 6,747 shares of the company’s stock valued at $417,000 after buying an additional 2,750 shares in the last quarter. LS Investment Advisors LLC raised its stake in Hilton Worldwide Holdings by 259.6% in the second quarter. LS Investment Advisors LLC now owns 7,565 shares of the company’s stock valued at $468,000 after buying an additional 5,461 shares in the last quarter. Finally, ING Groep NV purchased a new stake in Hilton Worldwide Holdings during the second quarter valued at $649,000. Hedge funds and other institutional investors 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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