Hilton Worldwide Holdings Inc. (NYSE:HLT) Earns “Buy” Rating from Robert W. Baird

Robert W. Baird reissued their buy rating on shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in a report released on Friday, October 27th. The brokerage currently has a $78.00 price objective on the stock.

A number of other research firms have also weighed in on HLT. Berenberg Bank reissued a sell rating and issued a $47.00 price objective on shares of Hilton Worldwide Holdings in a research report on Thursday, July 27th. TheStreet lowered shares of Hilton Worldwide Holdings from a b rating to a c+ rating in a research report on Friday, June 30th. Telsey Advisory Group upped their target price on shares of Hilton Worldwide Holdings from $61.00 to $67.00 and gave the stock a market perform rating in a research note on Wednesday, July 26th. Barclays PLC upped their target price on shares of Hilton Worldwide Holdings from $63.00 to $64.00 and gave the stock an equal weight rating in a research note on Thursday, July 27th. Finally, FBR & Co reaffirmed a neutral rating and set a $73.00 target price on shares of Hilton Worldwide Holdings in a research report on Thursday, October 26th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $73.21.



Hilton Worldwide Holdings (HLT) opened at $72.91 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 4.53. The company has a market cap of $23,257.27, a PE ratio of 33.65, a price-to-earnings-growth ratio of 7.64 and a beta of 1.31. Hilton Worldwide Holdings has a 1-year low of $49.78 and a 1-year high of $73.76.

Hilton Worldwide Holdings (NYSE:HLT) last announced its earnings results on Thursday, October 26th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.06. Hilton Worldwide Holdings had a net margin of 0.33% and a return on equity of 27.32%. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the company earned $0.41 EPS. The business’s revenue was up 7.0% compared to the same quarter last year. equities research analysts forecast that Hilton Worldwide Holdings will post 1.9 earnings per share for the current fiscal year.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, November 17th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date is Thursday, November 16th. Hilton Worldwide Holdings’s dividend payout ratio is currently 545.45%.

In other news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the firm’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.50% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Cadence Capital Management LLC grew its stake in Hilton Worldwide Holdings by 0.3% in the second quarter. Cadence Capital Management LLC now owns 5,649 shares of the company’s stock valued at $349,000 after purchasing an additional 19 shares in the last quarter. Aperio Group LLC grew its stake in Hilton Worldwide Holdings by 0.3% in the second quarter. Aperio Group LLC now owns 33,514 shares of the company’s stock valued at $2,073,000 after purchasing an additional 110 shares in the last quarter. Public Employees Retirement Association of Colorado grew its stake in Hilton Worldwide Holdings by 1.4% in the second quarter. Public Employees Retirement Association of Colorado now owns 37,128 shares of the company’s stock valued at $2,296,000 after purchasing an additional 524 shares in the last quarter. Shell Asset Management Co. grew its stake in Hilton Worldwide Holdings by 5.7% in the second quarter. Shell Asset Management Co. now owns 11,935 shares of the company’s stock valued at $738,000 after purchasing an additional 639 shares in the last quarter. Finally, Candriam Luxembourg S.C.A. grew its stake in Hilton Worldwide Holdings by 6.1% in the third quarter. Candriam Luxembourg S.C.A. now owns 14,598 shares of the company’s stock valued at $1,014,000 after purchasing an additional 843 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

About Hilton Worldwide Holdings

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 Holdings (NYSE:HLT)

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