Hilton Worldwide (HLT) Scheduled to Post Earnings on Wednesday

Hilton Worldwide (NYSE:HLT) is scheduled to release its earnings data before the market opens on Wednesday, April 24th. Analysts expect Hilton Worldwide to post earnings of $1.41 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. Hilton Worldwide had a negative return on equity of 94.46% and a net margin of 11.15%. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.61 billion. During the same quarter in the previous year, the firm posted $1.59 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, analysts expect Hilton Worldwide to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $202.47 on Wednesday. Hilton Worldwide has a one year low of $134.43 and a one year high of $215.79. The business’s 50-day simple moving average is $204.91 and its 200 day simple moving average is $182.50. The stock has a market cap of $50.89 billion, a price-to-earnings ratio of 46.76, a price-to-earnings-growth ratio of 1.81 and a beta of 1.25.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, February 23rd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.30%. The ex-dividend date was Thursday, February 22nd. Hilton Worldwide’s dividend payout ratio (DPR) is 13.86%.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 21,489 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $195.68, for a total value of $4,204,967.52. Following the sale, the insider now directly owns 2,536,478 shares of the company’s stock, valued at approximately $496,338,015.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. VitalStone Financial LLC boosted its position in shares of Hilton Worldwide by 115.4% during the 1st quarter. VitalStone Financial LLC now owns 224 shares of the company’s stock worth $35,000 after acquiring an additional 120 shares in the last quarter. Clear Street Markets LLC bought a new position in Hilton Worldwide during the fourth quarter worth $34,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in Hilton Worldwide during the fourth quarter worth $45,000. Canada Pension Plan Investment Board bought a new position in Hilton Worldwide during the first quarter worth $91,000. Finally, IFP Advisors Inc raised its stake in Hilton Worldwide by 16.2% during the second quarter. IFP Advisors Inc now owns 753 shares of the company’s stock worth $110,000 after buying an additional 105 shares during the last quarter. 95.90% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on HLT shares. Truist Financial reaffirmed a “hold” rating and set a $199.00 target price on shares of Hilton Worldwide in a report on Wednesday, March 20th. Evercore ISI upped their target price on Hilton Worldwide from $200.00 to $210.00 and gave the stock an “in-line” rating in a research report on Wednesday, March 20th. Robert W. Baird raised their price objective on Hilton Worldwide from $210.00 to $212.00 and gave the stock an “outperform” rating in a research note on Thursday, March 21st. Macquarie raised their price objective on Hilton Worldwide from $190.00 to $192.00 and gave the stock a “neutral” rating in a research note on Friday, February 9th. Finally, Bank of America raised their price objective on Hilton Worldwide from $215.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, March 15th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus target price of $201.28.

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.