Hilton Worldwide (NYSE:HLT) Price Target Raised to $185.00 at Deutsche Bank Aktiengesellschaft

Hilton Worldwide (NYSE:HLT) had its price objective increased by Deutsche Bank Aktiengesellschaft from $176.00 to $185.00 in a research note released on Thursday morning, Benzinga reports. They currently have a hold rating on the stock.

Several other equities analysts have also commented on the stock. Barclays upped their price target on shares of Hilton Worldwide from $204.00 to $216.00 and gave the stock an overweight rating in a research report on Friday, April 19th. Jefferies Financial Group upped their price target on shares of Hilton Worldwide from $157.00 to $182.00 and gave the stock a hold rating in a research report on Tuesday, January 2nd. HSBC upped their price objective on shares of Hilton Worldwide from $219.00 to $254.00 and gave the stock a buy rating in a report on Wednesday, April 3rd. Evercore ISI upped their price objective on shares of Hilton Worldwide from $200.00 to $210.00 and gave the stock an in-line rating in a report on Wednesday, March 20th. Finally, Bank of America upped their price objective on shares of Hilton Worldwide from $215.00 to $225.00 and gave the stock a buy rating in a report on Friday, March 15th. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and a consensus target price of $207.59.

Hilton Worldwide Price Performance

HLT stock opened at $202.12 on Thursday. Hilton Worldwide has a 1-year low of $134.43 and a 1-year high of $215.79. The firm has a fifty day moving average price of $205.79 and a two-hundred day moving average price of $185.04. The firm has a market cap of $50.54 billion, a price-to-earnings ratio of 43.94, a PEG ratio of 1.79 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.12. The firm had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.51 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.24 earnings per share. As a group, analysts expect that Hilton Worldwide will post 7.07 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 17th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Thursday, May 16th. Hilton Worldwide’s payout ratio is 13.04%.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide 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 transaction of $4,204,967.52. Following the completion of the sale, the insider now directly owns 2,536,478 shares of the company’s stock, valued at $496,338,015.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.50% of the stock is owned by corporate insiders.

Institutional Trading of Hilton Worldwide

A number of hedge funds have recently bought and sold shares of HLT. Independence Bank of Kentucky increased its holdings in shares of Hilton Worldwide by 66.7% in the 1st quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock valued at $27,000 after purchasing an additional 50 shares during the period. Eaton Financial Holdings Company LLC increased its holdings in shares of Hilton Worldwide by 0.9% in the 4th quarter. Eaton Financial Holdings Company LLC now owns 5,932 shares of the company’s stock valued at $1,080,000 after purchasing an additional 52 shares during the period. Raleigh Capital Management Inc. increased its holdings in shares of Hilton Worldwide by 48.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock valued at $31,000 after purchasing an additional 56 shares during the period. Checchi Capital Advisers LLC increased its holdings in shares of Hilton Worldwide by 1.9% in the 4th quarter. Checchi Capital Advisers LLC now owns 3,095 shares of the company’s stock valued at $564,000 after purchasing an additional 58 shares during the period. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in shares of Hilton Worldwide by 2.4% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 2,681 shares of the company’s stock valued at $488,000 after purchasing an additional 63 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

About Hilton Worldwide

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.