Hilton Worldwide Holdings Inc. (NYSE:HLT) was downgraded by stock analysts at Goldman Sachs Group, Inc. (The) to a “buy” rating in a note issued to investors on Tuesday. They currently have a $80.00 target price on the stock. Goldman Sachs Group, Inc. (The)’s price target suggests a potential upside of 10.16% from the company’s current price.

Several other research analysts have also recently issued reports on HLT. BidaskClub raised shares of Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Telsey Advisory Group lifted 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 report on Wednesday, July 26th. Barclays PLC lifted 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 report on Thursday, July 27th. Berenberg Bank reaffirmed a “sell” rating and issued a $47.00 target price on shares of Hilton Worldwide Holdings in a report on Thursday, July 27th. Finally, Zacks Investment Research cut shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $73.21.

Hilton Worldwide Holdings (NYSE:HLT) opened at $72.62 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 4.53. The stock 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 twelve month low of $48.53 and a twelve month high of $73.76.

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

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In related news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Allianz Asset Management GmbH grew its position in Hilton Worldwide Holdings by 0.4% during the third quarter. Allianz Asset Management GmbH now owns 202,343 shares of the company’s stock valued at $14,053,000 after buying an additional 877 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its position in Hilton Worldwide Holdings by 10.9% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 15,266 shares of the company’s stock valued at $1,065,000 after buying an additional 1,500 shares during the period. Stifel Financial Corp grew its position in Hilton Worldwide Holdings by 249.9% during the third quarter. Stifel Financial Corp now owns 14,373 shares of the company’s stock valued at $1,001,000 after buying an additional 10,265 shares during the period. Pinebridge Investments L.P. grew its position in Hilton Worldwide Holdings by 24.8% during the third quarter. Pinebridge Investments L.P. now owns 181,806 shares of the company’s stock valued at $12,627,000 after buying an additional 36,169 shares during the period. Finally, OxFORD Asset Management LLP grew its position in Hilton Worldwide Holdings by 10.3% during the third quarter. OxFORD Asset Management LLP now owns 63,281 shares of the company’s stock valued at $4,395,000 after buying an additional 5,926 shares during the period. 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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