Hilton Worldwide (NYSE:HLT) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Hilton Worldwide (NYSE:HLT) from a hold rating to a buy rating in a research report report published on Monday, MarketBeat Ratings reports. Jefferies Financial Group currently has $296.00 price target on the stock, up from their previous price target of $228.00.

A number of other equities analysts have also weighed in on the company. Mizuho reiterated a “neutral” rating and set a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Susquehanna lifted their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Truist Financial reduced their price objective on Hilton Worldwide from $251.00 to $223.00 and set a “hold” rating for the company in a research note on Wednesday, April 30th. The Goldman Sachs Group reiterated a “neutral” rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Finally, Morgan Stanley reduced their price objective on Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $245.56.

Hilton Worldwide Price Performance

Shares of HLT stock opened at $252.98 on Monday. The firm has a market capitalization of $60.13 billion, a price-to-earnings ratio of 41.13, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. The business has a fifty day moving average of $225.59 and a 200 day moving average of $242.98. Hilton Worldwide has a 1 year low of $194.93 and a 1 year high of $275.22.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.11. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.53 EPS. As a group, equities research analysts expect that Hilton Worldwide will post 7.89 earnings per share for the current year.

Institutional Investors Weigh In On Hilton Worldwide

Institutional investors have recently bought and sold shares of the company. Noble Wealth Management PBC acquired a new stake in Hilton Worldwide in the 4th quarter worth about $27,000. VSM Wealth Advisory LLC acquired a new stake in Hilton Worldwide in the 4th quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Hilton Worldwide in the 4th quarter worth about $34,000. Sierra Ocean LLC acquired a new stake in Hilton Worldwide in the 4th quarter worth about $36,000. Finally, Hopwood Financial Services Inc. acquired a new stake in Hilton Worldwide in the 4th quarter worth about $41,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

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.