Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives $252.71 Consensus PT from Brokerages

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) have been given a consensus rating of “Hold” by the nineteen brokerages that are currently covering the company, MarketBeat reports. Eleven equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $254.53.

A number of research firms recently weighed in on HLT. Mizuho reaffirmed a “neutral” rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Jefferies Financial Group upped their price target on Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Macquarie increased their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. The Goldman Sachs Group increased their price objective on Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Finally, Barclays increased their price objective on Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the transaction, the insider now directly owns 77,383 shares of the company’s stock, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hilton Worldwide

A number of large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Hilton Worldwide by 22.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 39,140 shares of the company’s stock worth $9,674,000 after acquiring an additional 7,237 shares during the period. NorthCrest Asset Manangement LLC raised its position in shares of Hilton Worldwide by 8.7% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 3,399 shares of the company’s stock worth $840,000 after buying an additional 273 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ purchased a new stake in shares of Hilton Worldwide in the fourth quarter worth $20,265,000. PKO Investment Management Joint Stock Co purchased a new stake in shares of Hilton Worldwide in the fourth quarter worth $3,707,000. Finally, Siemens Fonds Invest GmbH raised its position in shares of Hilton Worldwide by 20.3% in the fourth quarter. Siemens Fonds Invest GmbH now owns 3,786 shares of the company’s stock worth $940,000 after buying an additional 638 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $228.78 on Friday. Hilton Worldwide has a one year low of $193.86 and a one year high of $275.22. The stock’s 50-day moving average is $252.22 and its 200 day moving average is $244.49. The firm has a market cap of $55.04 billion, a price-to-earnings ratio of 37.20, a PEG ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. On average, sell-side analysts expect that Hilton Worldwide will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

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.