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Starwood Hotels & Resorts Worldwide (NYSE:HOT) announced a quarterly dividend on Thursday, May 1st, Analyst Ratings Network reports. Investors of record on Friday, June 6th will be paid a dividend of 0.35 per share on Friday, June 27th. This represents a $1.40 annualized dividend and a dividend yield of 1.84%.

Several analysts have recently commented on the stock. Analysts at SunTrust upgraded shares of Starwood Hotels & Resorts Worldwide from a “neutral” rating to a “buy” rating in a research note on Monday. They now have a $82.00 price target on the stock, up previously from $81.00. On a related note, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Starwood Hotels & Resorts Worldwide in a research note on Friday, April 25th. They now have a $85.00 price target on the stock. Finally, analysts at Zacks reiterated an “underperform” rating on shares of Starwood Hotels & Resorts Worldwide in a research note on Friday, April 25th. They now have a $69.00 price target on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $81.05.

Shares of Starwood Hotels & Resorts Worldwide (NYSE:HOT) traded down 0.78% during mid-day trading on Thursday, hitting $76.05. The stock had a trading volume of 2,596,121 shares. Starwood Hotels & Resorts Worldwide has a 1-year low of $60.46 and a 1-year high of $82.81. The stock has a 50-day moving average of $77.52 and a 200-day moving average of $76.44. The company has a market cap of $14.596 billion and a price-to-earnings ratio of 23.35.

Starwood Hotels & Resorts Worldwide (NYSE:HOT) last announced its earnings results on Thursday, April 24th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.07. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was down 5.3% on a year-over-year basis. Analysts expect that Starwood Hotels & Resorts Worldwide will post $2.81 EPS for the current fiscal year.

Starwood Hotels & Resorts Worldwide, Inc (NYSE:HOT) is a hotel and leisure company.

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