Hilton Worldwide Holdings Inc. (NYSE:HLT) had its target price boosted by investment analysts at Telsey Advisory Group from $61.00 to $67.00 in a research note issued on Wednesday, Marketbeat reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s target price indicates a potential upside of 7.17% from the company’s current price.

Several other analysts have also issued reports on the stock. Deutsche Bank AG boosted their target price on shares of Hilton Worldwide Holdings from $65.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, May 3rd. Zacks Investment Research lowered shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) upgraded shares of Hilton Worldwide Holdings from a “buy” rating to a “conviction-buy” rating and set a $77.00 target price for the company in a research report on Tuesday, April 11th. BidaskClub lowered shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. Finally, Argus initiated coverage on shares of Hilton Worldwide Holdings in a research report on Monday, June 5th. They set a “buy” rating and a $80.00 target price for the company. Two research analysts have rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $73.41.

Hilton Worldwide Holdings (NYSE:HLT) traded down 0.89% on Wednesday, reaching $62.52. 6,574,685 shares of the company traded hands. The stock’s 50-day moving average is $63.89 and its 200-day moving average is $60.26. Hilton Worldwide Holdings has a 1-year low of $45.32 and a 1-year high of $67.79. The stock has a market capitalization of $20.56 billion, a price-to-earnings ratio of 189.45 and a beta of 1.30.

Hilton Worldwide Holdings (NYSE:HLT) last announced its earnings results on Wednesday, July 26th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.31 billion. Hilton Worldwide Holdings had a net margin of 1.02% and a return on equity of 16.50%. The firm’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.25 earnings per share. Equities research analysts expect that Hilton Worldwide Holdings will post $1.83 EPS for the current year.

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Several institutional investors have recently modified their holdings of the company. Creative Planning raised its position in shares of Hilton Worldwide Holdings by 51.7% in the second quarter. Creative Planning now owns 3,723 shares of the company’s stock worth $230,000 after buying an additional 1,269 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new position in shares of Hilton Worldwide Holdings during the second quarter worth $414,000. State of Alaska Department of Revenue raised its position in shares of Hilton Worldwide Holdings by 68.8% in the second quarter. State of Alaska Department of Revenue now owns 6,747 shares of the company’s stock worth $417,000 after buying an additional 2,750 shares in the last quarter. LS Investment Advisors LLC raised its position in shares of Hilton Worldwide Holdings by 259.6% in the second quarter. LS Investment Advisors LLC now owns 7,565 shares of the company’s stock worth $468,000 after buying an additional 5,461 shares in the last quarter. Finally, ING Groep NV bought a new position in shares of Hilton Worldwide Holdings during the second quarter worth $649,000.

Hilton Worldwide Holdings 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 Holdings (NYSE:HLT)

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