Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives $213.95 Consensus Target Price from Brokerages

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) have been assigned an average recommendation of “Moderate Buy” from the nineteen brokerages that are covering the stock, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $213.95.

A number of equities research analysts have weighed in on HLT shares. Bank of America raised their price target on Hilton Worldwide from $225.00 to $230.00 and gave the company a “buy” rating in a research report on Monday, July 22nd. Robert W. Baird lowered their price target on Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Susquehanna started coverage on Hilton Worldwide in a research report on Friday, June 21st. They set a “neutral” rating and a $215.00 price target on the stock. Barclays lowered their price target on Hilton Worldwide from $228.00 to $224.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group started coverage on Hilton Worldwide in a report on Wednesday, September 18th. They issued a “buy” rating and a $245.00 price objective on the stock.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the sale, the insider now directly owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.50% of the company’s stock.

Institutional Trading of Hilton Worldwide

Several large investors have recently bought and sold shares of HLT. Quadrature Capital Ltd bought a new stake in shares of Hilton Worldwide in the 1st quarter worth approximately $2,792,000. AIA Group Ltd boosted its position in shares of Hilton Worldwide by 43.4% in the 1st quarter. AIA Group Ltd now owns 14,103 shares of the company’s stock worth $3,008,000 after purchasing an additional 4,265 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its position in shares of Hilton Worldwide by 3.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 137,675 shares of the company’s stock worth $29,375,000 after purchasing an additional 4,677 shares in the last quarter. PGGM Investments boosted its position in shares of Hilton Worldwide by 337.6% in the 2nd quarter. PGGM Investments now owns 14,378 shares of the company’s stock worth $3,137,000 after purchasing an additional 11,092 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Hilton Worldwide by 25.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,969 shares of the company’s stock worth $13,219,000 after purchasing an additional 12,740 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $229.83 on Friday. The firm has a market capitalization of $57.47 billion, a price-to-earnings ratio of 49.96, a P/E/G ratio of 2.46 and a beta of 1.31. Hilton Worldwide has a 52-week low of $146.35 and a 52-week high of $235.67. The stock has a fifty day moving average of $216.09 and a 200 day moving average of $211.19.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the company earned $1.63 earnings per share. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. Equities analysts forecast that Hilton Worldwide will post 7.05 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, August 23rd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.60 annualized dividend and a yield of 0.26%. Hilton Worldwide’s payout ratio is 13.04%.

Hilton Worldwide Company Profile

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.