Hilton Worldwide Holdings Inc. (NYSE:HLT) Given Consensus Recommendation of “Hold” by Analysts

Hilton Worldwide Holdings Inc. (NYSE:HLT) has received a consensus recommendation of “Hold” from the nineteen analysts that are covering the firm, Marketbeat Ratings reports. Eleven research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $254.53.

Several analysts recently weighed in on HLT shares. Susquehanna boosted their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Wells Fargo & Company upped their price target on Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. Jefferies Financial Group lifted their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Truist Financial dropped their target price on shares of Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a report on Friday, March 21st. Finally, The Goldman Sachs Group lifted their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the company a “buy” rating in a report on Tuesday, December 10th.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares of the company’s stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.50% of the company’s stock.

Institutional Trading of Hilton Worldwide

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new stake in Hilton Worldwide during the third quarter worth approximately $765,000. Jones Financial Companies Lllp raised its stake in shares of Hilton Worldwide by 194.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company’s stock worth $651,000 after buying an additional 1,740 shares in the last quarter. Amundi lifted its holdings in shares of Hilton Worldwide by 24.2% in the fourth quarter. Amundi now owns 953,938 shares of the company’s stock valued at $232,098,000 after buying an additional 185,765 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Hilton Worldwide by 2.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company’s stock valued at $55,774,000 after buying an additional 4,846 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after acquiring an additional 121,900 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $234.69 on Friday. The stock has a market cap of $56.47 billion, a price-to-earnings ratio of 38.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. The business’s 50-day simple moving average is $251.84 and its 200 day simple moving average is $244.76. Hilton Worldwide has a one year low of $193.86 and a one year high of $275.22.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. On average, equities research analysts predict that Hilton Worldwide will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.76%.

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.