Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives $241.31 Average Target Price from Analysts

Hilton Worldwide Holdings Inc. (NYSE:HLT) has earned a consensus recommendation of “Hold” from the eighteen ratings firms that are currently covering the company, MarketBeat.com reports. Eleven research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $245.56.

A number of brokerages have recently issued reports on HLT. Susquehanna increased their price target on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Macquarie cut their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a “neutral” rating for the company in a research report on Friday, May 2nd. Truist Financial dropped their price target on shares of Hilton Worldwide from $251.00 to $223.00 and set a “hold” rating for the company in a research report on Wednesday, April 30th. Robert W. Baird raised their price target on shares of Hilton Worldwide from $242.00 to $246.00 and gave the company an “outperform” rating in a report on Wednesday, April 30th. Finally, Jefferies Financial Group upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and increased their target price for the company from $228.00 to $296.00 in a research note on Monday.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $252.47 on Friday. Hilton Worldwide has a 1 year low of $194.93 and a 1 year high of $275.22. The stock’s 50-day moving average is $225.35 and its two-hundred day moving average is $242.81. The firm has a market cap of $60.01 billion, a price-to-earnings ratio of 41.05, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.11. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.53 earnings per share. As a group, research analysts predict that Hilton Worldwide will post 7.89 EPS for the current year.

Institutional Investors Weigh In On Hilton Worldwide

Several institutional investors have recently added to or reduced their stakes in the stock. Fulton Bank N.A. boosted its holdings in shares of Hilton Worldwide by 8.8% during the 4th quarter. Fulton Bank N.A. now owns 2,383 shares of the company’s stock worth $589,000 after buying an additional 192 shares during the period. Baker Tilly Wealth Management LLC raised its stake in Hilton Worldwide by 4.2% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 4,959 shares of the company’s stock valued at $1,226,000 after purchasing an additional 200 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in Hilton Worldwide by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 8,655 shares of the company’s stock worth $2,139,000 after buying an additional 212 shares in the last quarter. Czech National Bank increased its holdings in Hilton Worldwide by 5.3% in the 4th quarter. Czech National Bank now owns 52,857 shares of the company’s stock valued at $13,064,000 after buying an additional 2,658 shares during the period. Finally, Fiduciary Alliance LLC bought a new position in Hilton Worldwide in the fourth quarter valued at approximately $1,246,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.