Hilton Hotels Co. (NYSE:HLT) has been given a consensus rating of “Buy” by the nineteen research firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $86.45.
HLT has been the topic of several analyst reports. ValuEngine upgraded shares of Hilton Hotels from a “hold” rating to a “buy” rating in a research report on Monday, November 26th. Morgan Stanley set a $73.00 price target on shares of Hilton Hotels and gave the stock a “hold” rating in a research report on Thursday, December 20th. Zacks Investment Research lowered shares of Hilton Hotels from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Cowen set a $81.00 price target on shares of Hilton Hotels and gave the stock a “buy” rating in a research report on Thursday, February 14th. Finally, SunTrust Banks increased their price target on shares of Hilton Hotels to $99.00 and gave the stock an “outperform” rating in a research report on Thursday, February 14th.
Shares of NYSE:HLT traded down $0.61 on Wednesday, reaching $85.09. 170,204 shares of the company’s stock were exchanged, compared to its average volume of 2,421,100. Hilton Hotels has a twelve month low of $63.76 and a twelve month high of $87.09. The firm has a market cap of $25.25 billion, a PE ratio of 30.56, a PEG ratio of 2.65 and a beta of 1.18. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 13.02.
Hilton Hotels (NYSE:HLT) last announced its earnings results on Wednesday, February 13th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.10. Hilton Hotels had a net margin of 8.58% and a return on equity of 98.93%. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the business posted $0.54 EPS. The business’s revenue was up 10.6% compared to the same quarter last year. On average, research analysts expect that Hilton Hotels will post 3.76 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 1st will be given a $0.15 dividend. The ex-dividend date is Thursday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.71%. Hilton Hotels’s dividend payout ratio is currently 21.51%.
In other Hilton Hotels news, insider Kevin J. Jacobs sold 53,023 shares of the firm’s stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $81.30, for a total value of $4,310,769.90. Following the sale, the insider now owns 252,856 shares in the company, valued at $20,557,192.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.70% of the company’s stock.
Institutional investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC raised its stake in shares of Hilton Hotels by 100.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 465 shares of the company’s stock valued at $33,000 after acquiring an additional 233 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Hilton Hotels by 3,751.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,470,853 shares of the company’s stock valued at $34,000 after acquiring an additional 2,406,698 shares during the last quarter. Lindbrook Capital LLC bought a new position in shares of Hilton Hotels during the fourth quarter valued at $37,000. Arbor Wealth Management LLC bought a new position in shares of Hilton Hotels during the fourth quarter valued at $41,000. Finally, We Are One Seven LLC bought a new position in shares of Hilton Hotels during the fourth quarter valued at $55,000. Hedge funds and other institutional investors own 99.76% of the company’s stock.
Hilton Hotels Company Profile
Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises 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 to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, Hilton Wen'an, and Hilton Grand Vacations brands.
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