Hilton Worldwide Holdings Inc. (NYSE:HLT) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday.

Other equities analysts have also recently issued reports about the stock. UBS AG lifted their target price on shares of Hilton Worldwide Holdings from $64.00 to $74.00 and gave the company a “buy” rating in a report on Tuesday, June 13th. TheStreet cut shares of Hilton Worldwide Holdings from a “b” rating to a “c+” rating in a report on Friday, June 30th. Zacks Investment Research raised shares of Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a report on Tuesday, July 11th. Telsey Advisory Group lifted their target price on shares of Hilton Worldwide Holdings from $57.00 to $61.00 and gave the company a “market perform” rating in a report on Wednesday, May 3rd. Finally, Guggenheim began coverage on shares of Hilton Worldwide Holdings in a report on Wednesday, April 26th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $71.89.

Shares of Hilton Worldwide Holdings (HLT) opened at 62.91 on Wednesday. The stock has a market cap of $20.40 billion, a PE ratio of 524.25 and a beta of 1.29. The company has a 50-day moving average of $62.21 and a 200 day moving average of $61.01. Hilton Worldwide Holdings has a one year low of $44.73 and a one year high of $67.79.

Hilton Worldwide Holdings (NYSE:HLT) last announced its earnings results on Wednesday, July 26th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The business had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.31 billion. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The company’s quarterly revenue was up 20.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.25 EPS. On average, analysts predict that Hilton Worldwide Holdings will post $1.84 earnings per share for the current year.

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Several large investors have recently added to or reduced their stakes in the company. Westpac Banking Corp raised its stake in Hilton Worldwide Holdings by 80.4% in the first quarter. Westpac Banking Corp now owns 196,230 shares of the company’s stock valued at $4,419,000 after buying an additional 87,466 shares in the last quarter. Fox Run Management L.L.C. acquired a new stake in Hilton Worldwide Holdings during the second quarter valued at approximately $1,089,000. Capstone Asset Management Co. raised its stake in Hilton Worldwide Holdings by 161.2% in the second quarter. Capstone Asset Management Co. now owns 13,109 shares of the company’s stock valued at $811,000 after buying an additional 8,090 shares in the last quarter. Gateway Investment Advisers LLC raised its stake in Hilton Worldwide Holdings by 13.0% in the second quarter. Gateway Investment Advisers LLC now owns 196,106 shares of the company’s stock valued at $12,129,000 after buying an additional 22,548 shares in the last quarter. Finally, Creative Planning raised its stake in Hilton Worldwide Holdings by 51.7% in the second quarter. Creative Planning now owns 3,723 shares of the company’s stock valued at $230,000 after buying an additional 1,269 shares in the last quarter.

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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