JPMorgan Chase & Co. Raises Hilton Worldwide (NYSE:HLT) Price Target to $318.00

Hilton Worldwide (NYSE:HLT) had its target price upped by analysts at JPMorgan Chase & Co. from $288.00 to $318.00 in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 2.97% from the company’s previous close.

A number of other analysts have also recently commented on the stock. Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $332.00 to $338.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. BMO Capital Markets boosted their target price on Hilton Worldwide from $275.00 to $320.00 and gave the company a “market perform” rating in a research note on Friday, January 9th. The Goldman Sachs Group raised their price target on Hilton Worldwide from $317.00 to $330.00 in a research report on Tuesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Hilton Worldwide in a report on Monday, December 29th. Finally, TD Cowen increased their target price on Hilton Worldwide from $297.00 to $330.00 in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $306.39.

Hilton Worldwide Stock Performance

Shares of NYSE HLT opened at $308.83 on Tuesday. The firm has a 50 day moving average price of $290.92 and a 200 day moving average price of $275.97. The stock has a market cap of $71.78 billion, a P/E ratio of 44.69, a P/E/G ratio of 2.59 and a beta of 1.13. Hilton Worldwide has a 52-week low of $196.04 and a 52-week high of $310.40.

Institutional Investors Weigh In On Hilton Worldwide

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Hilton Worldwide by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 25,463,196 shares of the company’s stock worth $6,606,172,000 after acquiring an additional 151,984 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Hilton Worldwide by 12.6% in the third quarter. JPMorgan Chase & Co. now owns 10,100,718 shares of the company’s stock valued at $2,620,531,000 after purchasing an additional 1,132,880 shares during the last quarter. State Street Corp lifted its position in shares of Hilton Worldwide by 0.9% in the second quarter. State Street Corp now owns 9,595,709 shares of the company’s stock worth $2,555,721,000 after purchasing an additional 86,689 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Hilton Worldwide by 2.8% during the second quarter. Geode Capital Management LLC now owns 6,281,842 shares of the company’s stock worth $1,666,246,000 after purchasing an additional 172,121 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Hilton Worldwide by 10.4% in the third quarter. Franklin Resources Inc. now owns 6,010,313 shares of the company’s stock valued at $1,559,316,000 after purchasing an additional 567,651 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide News Roundup

Here are the key news stories impacting Hilton Worldwide this week:

• Positive Sentiment: Several major firms raised price targets and ratings — TD Cowen to $330, Goldman Sachs to $330, JPMorgan to $318 (maintaining an overweight), and Robert W. Baird to $305 (outperform). These upward revisions signal stronger analyst confidence in revenue/booking trends and support near-term upside momentum. TD Cowen Raises PT Goldman Raises PT JPMorgan Raises PT Baird Raises PT
• Positive Sentiment: Analyst consensus expects earnings growth in the upcoming release and Zacks highlights that Hilton has the setup (wallstreet expectations and drivers) for a potential earnings beat — this raises the odds of a post-report pop if results and guidance impress. Zacks Preview
• Neutral Sentiment: Reminder that Hilton is scheduled to report quarterly results this week — the event is a short-term catalyst but outcome-driven (beat vs miss will determine direction). Earnings Schedule
• Neutral Sentiment: BMO Capital issued a Hold on HLT. A Hold rating is unlikely to spur strong buying or selling by itself but contributes to mixed sentiment amid other bullish analyst moves. BMO Hold Note
• Negative Sentiment: Deutsche Bank raised its target to $299, but that level is still slightly below the current market price — a sign some analysts are more conservative on upside, which could cap gains if others revise expectations lower. Deutsche Bank PT

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.