Trading Report: Today: Evercore ISI Reiterates Hold Rating for Hilton Worldwide Holdings Inc. (HLT)

Today: Evercore ISI Reiterates Hold Rating for Hilton Worldwide Holdings Inc. (HLT)

Hilton Worldwide Holdings Inc. (NYSE:HLT)‘s stock had its “hold” rating restated by investment analysts at Evercore ISI in a note issued to investors on Monday.

A number of other research firms have also recently weighed in on HLT. Morgan Stanley reissued an “overweight” rating and issued a $24.00 price objective (down previously from $25.00) on shares of Hilton Worldwide Holdings in a research report on Tuesday, November 15th. Sanford C. Bernstein assumed coverage on Hilton Worldwide Holdings in a research note on Thursday, September 8th. They issued a “market perform” rating and a $26.00 target price for the company. Zacks Investment Research lowered Hilton Worldwide Holdings from a “hold” rating to a “strong sell” rating in a research note on Monday, August 1st. set a $27.00 target price on Hilton Worldwide Holdings and gave the stock a “buy” rating in a research note on Wednesday, September 14th. Finally, Citigroup Inc. raised their target price on Hilton Worldwide Holdings from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $25.47.

Hilton Worldwide Holdings (NYSE:HLT) opened at 25.31 on Monday. The stock has a market cap of $25.05 billion, a PE ratio of 16.23 and a beta of 1.24. The stock has a 50 day moving average price of $23.28 and a 200 day moving average price of $22.94. Hilton Worldwide Holdings has a 1-year low of $16.16 and a 1-year high of $25.45.

Hilton Worldwide Holdings (NYSE:HLT) last posted its quarterly earnings data on Wednesday, October 26th. The company reported $0.23 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.23. The firm earned $2.94 billion during the quarter, compared to analysts’ expectations of $3 billion. Hilton Worldwide Holdings had a return on equity of 13.84% and a net margin of 13.35%. The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 EPS. On average, analysts predict that Hilton Worldwide Holdings will post $0.87 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 2nd. Investors of record on Thursday, November 10th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 1.11%. The ex-dividend date is Tuesday, November 8th. Hilton Worldwide Holdings’s payout ratio is 17.95%.

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Hilton Worldwide Holdings by 3.5% in the second quarter. Vanguard Group Inc. now owns 23,873,672 shares of the company’s stock valued at $537,875,000 after buying an additional 798,781 shares during the last quarter. Vulcan Value Partners LLC boosted its stake in Hilton Worldwide Holdings by 58.0% in the second quarter. Vulcan Value Partners LLC now owns 17,641,732 shares of the company’s stock valued at $397,469,000 after buying an additional 6,474,297 shares during the last quarter. Cohen & Steers Inc. boosted its stake in Hilton Worldwide Holdings by 198,247.5% in the second quarter. Cohen & Steers Inc. now owns 14,915,734 shares of the company’s stock valued at $336,051,000 after buying an additional 14,908,214 shares during the last quarter. OZ Management LP boosted its stake in Hilton Worldwide Holdings by 86.3% in the third quarter. OZ Management LP now owns 14,486,936 shares of the company’s stock valued at $332,185,000 after buying an additional 6,712,532 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. boosted its stake in Hilton Worldwide Holdings by 2.7% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 12,848,190 shares of the company’s stock valued at $294,609,000 after buying an additional 336,290 shares during the last quarter.

About Hilton Worldwide Holdings

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