Hilton Worldwide (NYSE:HLT)‘s stock had its “neutral” rating reaffirmed by investment analysts at B. Riley in a research note issued to investors on Wednesday. They presently have a $84.00 price target on the stock, up from their previous price target of $73.00. B. Riley’s target price indicates a potential downside of 2.29% from the stock’s current price.

Other analysts have also recently issued reports about the company. Robert W. Baird restated a “buy” rating and issued a $78.00 price objective on shares of Hilton Worldwide in a research report on Friday, October 27th. Goldman Sachs Group cut Hilton Worldwide from a “conviction-buy” rating to a “buy” rating and set a $80.00 price target for the company. in a research report on Tuesday, November 14th. Telsey Advisory Group boosted their price target on Hilton Worldwide from $67.00 to $71.00 and gave the stock a “market perform” rating in a research report on Friday, October 27th. Royal Bank of Canada reiterated a “buy” rating and set a $70.00 price target on shares of Hilton Worldwide in a research report on Friday, October 27th. Finally, SunTrust Banks reiterated a “buy” rating and set a $67.00 price target on shares of Hilton Worldwide in a research report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $76.61.

Shares of Hilton Worldwide (HLT) opened at $85.97 on Wednesday. The company has a market capitalization of $26,623.15, a P/E ratio of 38.52, a PEG ratio of 6.22 and a beta of 1.32. Hilton Worldwide has a 12-month low of $55.79 and a 12-month high of $88.11. The company has a debt-to-equity ratio of 4.53, a current ratio of 0.94 and a quick ratio of 0.94.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $0.54 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.09. The business had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Hilton Worldwide had a return on equity of 27.32% and a net margin of 0.33%. The business’s revenue was up 23.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.70 earnings per share. sell-side analysts anticipate that Hilton Worldwide will post 1.9 EPS for the current fiscal year.

Hilton Worldwide announced that its Board of Directors has initiated a stock buyback plan on Thursday, November 16th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its shares are undervalued.

A number of large investors have recently modified their holdings of the business. Candriam Luxembourg S.C.A. grew its holdings in Hilton Worldwide by 6.1% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 14,598 shares of the company’s stock valued at $1,014,000 after buying an additional 843 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in Hilton Worldwide by 0.4% in the 3rd 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 in the last quarter. Norinchukin Bank The grew its holdings in Hilton Worldwide by 6.4% in the 4th quarter. Norinchukin Bank The now owns 16,168 shares of the company’s stock valued at $1,291,000 after buying an additional 966 shares in the last quarter. Fiduciary Trust Co. grew its holdings in Hilton Worldwide by 25.7% in the 3rd quarter. Fiduciary Trust Co. now owns 5,027 shares of the company’s stock valued at $349,000 after buying an additional 1,027 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in Hilton Worldwide by 18.2% in the 3rd quarter. Pacer Advisors Inc. now owns 6,736 shares of the company’s stock valued at $468,000 after buying an additional 1,039 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

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Hilton Worldwide Company Profile

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 (NYSE:HLT)

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