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

Hilton Worldwide Holdings Inc. (NYSE:HLT) has earned a consensus rating of “Hold” from the eighteen research firms that are presently covering the firm, Marketbeat Ratings reports. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $241.31.

A number of equities research analysts recently commented on the company. Mizuho reiterated a “neutral” rating and issued a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Macquarie cut their price target on shares of Hilton Worldwide from $245.00 to $240.00 and set a “neutral” rating on the stock in a research report on Friday, May 2nd. Jefferies Financial Group reduced their price objective on shares of Hilton Worldwide from $277.00 to $228.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Susquehanna increased their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Finally, Morgan Stanley reduced their price target on shares of Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd.

Hilton Worldwide Stock Performance

Shares of NYSE HLT opened at $243.18 on Friday. Hilton Worldwide has a 1 year low of $194.93 and a 1 year high of $275.22. The firm’s 50-day moving average is $225.49 and its 200-day moving average is $242.58. The firm has a market capitalization of $57.80 billion, a PE ratio of 39.54, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.11. The firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm earned $1.53 earnings per share. As a group, equities research analysts anticipate that Hilton Worldwide will post 7.89 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hilton Worldwide

Several institutional investors have recently bought and sold shares of the company. Noble Wealth Management PBC acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at approximately $27,000. VSM Wealth Advisory LLC acquired a new stake in Hilton Worldwide in the 4th quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Hilton Worldwide during the 4th quarter worth about $34,000. Sierra Ocean LLC acquired a new position in shares of Hilton Worldwide during the 4th quarter worth about $36,000. Finally, ORG Partners LLC grew its holdings in shares of Hilton Worldwide by 78.7% in the 1st quarter. ORG Partners LLC now owns 168 shares of the company’s stock valued at $38,000 after acquiring an additional 74 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

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.