Hilton Worldwide Holdings Inc. (NYSE:HLT) Receives Average Recommendation of “Moderate Buy” from Analysts

Hilton Worldwide Holdings Inc. (NYSE:HLT) has earned an average rating of “Moderate Buy” from the nineteen brokerages that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $306.3889.

Several research analysts have recently weighed in on HLT shares. Jefferies Financial Group lifted their target price on shares of Hilton Worldwide from $322.00 to $339.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Macquarie Infrastructure boosted their target price on Hilton Worldwide from $267.00 to $280.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. BMO Capital Markets boosted their target price on shares of Hilton Worldwide from $275.00 to $320.00 and gave the stock a “market perform” rating in a research report on Friday, January 9th. Barclays upped their price target on Hilton Worldwide from $297.00 to $309.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, TD Cowen raised their target price on shares of Hilton Worldwide from $297.00 to $330.00 in a research note on Tuesday, February 3rd.

Hilton Worldwide Trading Up 1.8%

Shares of Hilton Worldwide stock opened at $314.32 on Monday. Hilton Worldwide has a 52 week low of $196.04 and a 52 week high of $314.96. The stock has a market cap of $73.06 billion, a PE ratio of 45.49, a price-to-earnings-growth ratio of 2.66 and a beta of 1.13. The company’s 50-day moving average price is $291.95 and its two-hundred day moving average price is $276.58.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Clearstead Trust LLC acquired a new position in shares of Hilton Worldwide in the 2nd quarter valued at approximately $30,000. Sagard Holdings Management Inc. acquired a new position in Hilton Worldwide during the second quarter worth $30,000. Caitlin John LLC acquired a new position in shares of Hilton Worldwide during the 3rd quarter worth about $32,000. ST Germain D J Co. Inc. bought a new position in Hilton Worldwide in the fourth quarter valued at approximately $33,000. Finally, Bank of Jackson Hole Trust grew its stake in shares of Hilton Worldwide by 132.7% in the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock valued at $34,000 after buying an additional 73 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

About Hilton Worldwide

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.