Hilton Worldwide Holdings Inc. (NYSE:HLT) shares saw unusually-strong trading volume on Wednesday . Approximately 9,662,036 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 8,383,545 shares.The stock last traded at $24.26 and had previously closed at $24.37.

Several analysts recently commented on HLT shares. Deutsche Bank AG reaffirmed a “buy” rating and set a $27.00 price objective on shares of Hilton Worldwide Holdings in a research note on Monday, June 27th. TheStreet raised Hilton Worldwide Holdings from a “hold” rating to a “buy” rating in a research note on Monday, June 20th. Citigroup Inc. raised their price objective on Hilton Worldwide Holdings from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 13th. FBR & Co reaffirmed a “buy” rating on shares of Hilton Worldwide Holdings in a research note on Thursday, April 28th. Finally, Bank of America Corp. reaffirmed a “buy” rating on shares of Hilton Worldwide Holdings in a research note on Thursday, April 28th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seventeen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $26.75.

The company has a 50-day moving average price of $23.47 and a 200-day moving average price of $21.80. The firm has a market capitalization of $24.03 billion and a price-to-earnings ratio of 14.63.

Hilton Worldwide Holdings (NYSE:HLT) last posted its earnings results on Wednesday, July 27th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by $0.01. The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same quarter in the previous year, the company earned $0.25 EPS. Hilton Worldwide Holdings’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post $0.90 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Friday, August 19th will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.15%. The ex-dividend date is Wednesday, August 17th.

A number of hedge funds have recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its stake in Hilton Worldwide Holdings by 1,271.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 1,447,801 shares of the company’s stock valued at $30,983,000 after buying an additional 1,342,264 shares in the last quarter. Trexquant Investment LP purchased a new stake in Hilton Worldwide Holdings during the fourth quarter valued at about $1,659,000. Suntrust Banks Inc. boosted its stake in Hilton Worldwide Holdings by 389.8% in the fourth quarter. Suntrust Banks Inc. now owns 89,670 shares of the company’s stock valued at $1,918,000 after buying an additional 71,364 shares in the last quarter. Airain ltd purchased a new stake in Hilton Worldwide Holdings during the fourth quarter valued at about $1,312,000. Finally, Advisors Asset Management Inc. boosted its stake in Hilton Worldwide Holdings by 61.3% in the fourth quarter. Advisors Asset Management Inc. now owns 90,784 shares of the company’s stock valued at $1,943,000 after buying an additional 34,517 shares in the last quarter.

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. It operates through three segments: management and franchise, ownership and timeshare. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories.

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