Hilton Worldwide (NYSE:HLT) was upgraded by investment analysts at TheStreet from a “c” rating to a “b” rating in a research note issued to investors on Wednesday.

Several other brokerages have also recently issued reports on HLT. Barclays increased their price objective on Hilton Worldwide from $64.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Friday, October 27th. Raymond James Financial raised Hilton Worldwide from an “outperform” rating to a “strong-buy” rating and dropped their price objective for the stock from $78.00 to $69.00 in a research note on Monday, January 8th. Morgan Stanley reaffirmed a “buy” rating on shares of Hilton Worldwide in a research report on Friday, December 8th. B. Riley reaffirmed a “neutral” rating and set a $84.00 target price (up previously from $73.00) on shares of Hilton Worldwide in a research report on Wednesday. Finally, FBR & Co reaffirmed a “neutral” rating and set a $73.00 target price on shares of Hilton Worldwide in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $79.89.

Shares of Hilton Worldwide (NYSE HLT) traded down $0.38 during trading hours on Wednesday, reaching $84.18. The company had a trading volume of 602,627 shares, compared to its average volume of 2,236,932. Hilton Worldwide has a 52 week low of $55.79 and a 52 week high of $88.11. The company has a market capitalization of $26,930.00, a PE ratio of 46.25, a P/E/G ratio of 5.85 and a beta of 1.32. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.94 and a current ratio of 0.94.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Wednesday, February 14th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.10. Hilton Worldwide had a return on equity of 42.97% and a net margin of 13.77%. The company had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the firm earned $0.70 earnings per share. Hilton Worldwide’s revenue was up 23.9% compared to the same quarter last year. sell-side analysts anticipate that Hilton Worldwide will post 2.77 EPS for the current fiscal year.

Hilton Worldwide announced that its board has authorized a share buyback program on Thursday, November 16th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Institutional investors have recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Hilton Worldwide in the 3rd quarter worth $151,000. QS Investors LLC boosted its position in shares of Hilton Worldwide by 749.6% in the 2nd quarter. QS Investors LLC now owns 2,362 shares of the company’s stock worth $146,000 after purchasing an additional 2,084 shares in the last quarter. Lombard Odier Asset Management Europe Ltd acquired a new stake in shares of Hilton Worldwide in the 4th quarter worth $208,000. Hilton Capital Management LLC acquired a new stake in shares of Hilton Worldwide in the 3rd quarter worth $208,000. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Hilton Worldwide in the 3rd quarter worth $208,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

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Hilton Worldwide Company Profile

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 (NYSE:HLT)

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