Hilton Worldwide (NYSE:HLT) PT Raised to $215.00

Hilton Worldwide (NYSE:HLT) had its target price boosted by equities researchers at Robert W. Baird from $212.00 to $215.00 in a research note issued to investors on Thursday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Robert W. Baird’s price target indicates a potential upside of 6.37% from the stock’s previous close.

Other research analysts also recently issued reports about the company. Jefferies Financial Group lifted their target price on Hilton Worldwide from $157.00 to $182.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Barclays lifted their target price on Hilton Worldwide from $204.00 to $216.00 and gave the stock an “overweight” rating in a report on Friday, April 19th. HSBC lifted their target price on Hilton Worldwide from $219.00 to $254.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Macquarie reissued a “neutral” rating and issued a $192.00 price objective on shares of Hilton Worldwide in a research note on Wednesday. Finally, Evercore ISI boosted their price objective on Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Wednesday, March 20th. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $205.06.

Hilton Worldwide Stock Down 0.9 %

NYSE HLT opened at $202.12 on Thursday. Hilton Worldwide has a twelve month low of $134.43 and a twelve month high of $215.79. The company has a market cap of $50.80 billion, a price-to-earnings ratio of 43.94, a price-to-earnings-growth ratio of 1.83 and a beta of 1.25. The business’s fifty day moving average is $205.79 and its 200 day moving average is $184.82.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, April 24th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.41 by $0.12. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a negative return on equity of 92.07% and a net margin of 11.41%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.24 EPS. On average, research analysts anticipate that Hilton Worldwide will post 6.99 earnings per share for the current fiscal year.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the sale, the insider now owns 2,536,478 shares in the company, valued at $496,338,015.04. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hilton Worldwide

Several institutional investors have recently made changes to their positions in the stock. Independence Bank of Kentucky lifted its position in shares of Hilton Worldwide by 66.7% during the first quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock worth $27,000 after acquiring an additional 50 shares in the last quarter. Eaton Financial Holdings Company LLC lifted its position in shares of Hilton Worldwide by 0.9% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 5,932 shares of the company’s stock worth $1,080,000 after acquiring an additional 52 shares in the last quarter. Raleigh Capital Management Inc. increased its holdings in shares of Hilton Worldwide by 48.7% in the fourth quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock worth $31,000 after purchasing an additional 56 shares during the period. Checchi Capital Advisers LLC increased its holdings in shares of Hilton Worldwide by 1.9% in the fourth quarter. Checchi Capital Advisers LLC now owns 3,095 shares of the company’s stock worth $564,000 after purchasing an additional 58 shares during the period. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in shares of Hilton Worldwide by 2.4% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,681 shares of the company’s stock worth $488,000 after purchasing an additional 63 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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.