Hilton Worldwide Holdings Inc. (NYSE:HLT) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Hilton Worldwide Holdings Inc. (NYSE:HLT) has earned an average recommendation of “Moderate Buy” from the nineteen brokerages that are presently covering the company, Marketbeat reports. Ten analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $249.06.

HLT has been the subject of a number of analyst reports. JPMorgan Chase & Co. initiated coverage on Hilton Worldwide in a research note on Monday, June 23rd. They issued an “overweight” rating and a $282.00 price target for the company. Robert W. Baird boosted their target price on shares of Hilton Worldwide from $242.00 to $246.00 and gave the company an “outperform” rating in a research report on Wednesday, April 30th. Dbs Bank upgraded shares of Hilton Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 14th. Macquarie lowered 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 report on Friday, May 2nd. Finally, Evercore ISI lowered 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 report on Wednesday, April 23rd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Noble Wealth Management PBC bought a new position in shares of Hilton Worldwide during the fourth quarter valued at $27,000. VSM Wealth Advisory LLC bought a new position in Hilton Worldwide during the 4th quarter worth $28,000. ORG Partners LLC raised its position in 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 purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC raised 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 worth $40,000 after purchasing an additional 76 shares during the last quarter. Finally, Hopwood Financial Services Inc. bought a new position in Hilton Worldwide during the 4th quarter worth $41,000. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 1.1%

Shares of NYSE:HLT opened at $273.21 on Friday. Hilton Worldwide has a 12-month low of $196.04 and a 12-month high of $275.22. The company’s 50 day moving average price is $249.95 and its two-hundred day moving average price is $244.22. The firm has a market cap of $64.94 billion, a PE ratio of 43.09, a PEG ratio of 3.09 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.11. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.53 earnings per share. On average, research analysts expect that Hilton Worldwide will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 27th. Investors of record on Monday, May 26th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 23rd. This represents a yield of 0.23%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.46%.

About Hilton Worldwide

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.