Hilton Worldwide Holdings Inc. (NYSE:HLT) – Analysts at Truist Financial lowered their FY2021 earnings per share (EPS) estimates for shares of Hilton Worldwide in a research report issued to clients and investors on Thursday, February 10th. Truist Financial analyst P. Scholes now expects that the company will post earnings per share of $2.05 for the year, down from their previous forecast of $2.30. Truist Financial currently has a “Hold” rating and a $139.00 price target on the stock. Truist Financial also issued estimates for Hilton Worldwide’s Q4 2022 earnings at $1.28 EPS.
Other research analysts have also recently issued reports about the stock. Loop Capital upped their price objective on shares of Hilton Worldwide from $140.00 to $142.00 and gave the stock a “hold” rating in a research report on Thursday, December 2nd. Raymond James restated an “outperform” rating and issued a $160.00 price objective (up from $148.00) on shares of Hilton Worldwide in a research report on Monday, January 3rd. Bernstein Bank cut shares of Hilton Worldwide from an “outperform” rating to a “market perform” rating and set a $161.00 price target on the stock. in a research report on Monday, January 10th. Jefferies Financial Group increased their price target on shares of Hilton Worldwide from $159.00 to $169.00 and gave the company a “buy” rating in a research report on Thursday, October 28th. Finally, BMO Capital Markets increased their price target on shares of Hilton Worldwide from $135.00 to $144.00 and gave the company a “market perform” rating in a research report on Thursday, October 28th. They noted that the move was a valuation call. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $145.13.
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile.
Take your trading to the next level with the Options Strategy Guide.
NYSE HLT opened at $154.20 on Friday. The firm’s 50-day simple moving average is $147.42 and its two-hundred day simple moving average is $139.11. The company has a market cap of $42.98 billion, a PE ratio of 1,186.15 and a beta of 1.27. Hilton Worldwide has a 52 week low of $108.50 and a 52 week high of $159.21.
In related news, insider Matthew W. Schuyler sold 3,000 shares of the firm’s stock in a transaction on Wednesday, December 15th. The stock was sold at an average price of $139.33, for a total value of $417,990.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 9,000 shares of company stock valued at $1,283,850 in the last ninety days. 2.40% of the stock is currently owned by insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of HLT. Covestor Ltd bought a new position in shares of Hilton Worldwide during the fourth quarter valued at $25,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Hilton Worldwide in the 2nd quarter worth about $34,000. Concord Wealth Partners increased its holdings in Hilton Worldwide by 93.0% in the 4th quarter. Concord Wealth Partners now owns 222 shares of the company’s stock worth $35,000 after buying an additional 107 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Hilton Worldwide by 154.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 272 shares of the company’s stock worth $36,000 after buying an additional 165 shares in the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in Hilton Worldwide in the 4th quarter worth about $36,000. Institutional investors and hedge funds own 96.04% of the company’s stock.
Hilton Worldwide Company Profile
Hilton Worldwide Holdings, Inc engages in the provision of hospitality businesses. It operates through the following segments: Ownership and Management & Franchise. The Ownership segment includes owned, leased, and joint venture hotels. The Management & Franchise segment manages hotels and timeshare properties, and license its brands to franchisees.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected]
Should you invest $1,000 in Hilton Worldwide right now?
Before you consider Hilton Worldwide, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Hilton Worldwide wasn’t on the list.
While Hilton Worldwide currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The 5 Stocks Here