Media stories about Hilton Worldwide (NYSE:HLT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hilton Worldwide earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.5123852993263 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Suntrust Banks Inc. Acquires 4,114 Shares of Hilton Worldwide Holdings Inc (HLT) (americanbankingnews.com)
- Tru by Hilton Touches Down in Three New States (finance.yahoo.com)
- Baird Financial Group Inc. Has $3.65 Million Holdings in Hilton Worldwide Holdings Inc (HLT) (americanbankingnews.com)
- Hilton Worldwide (HLT) Given Buy Rating at Royal Bank of Canada (americanbankingnews.com)
- Hilton Garden Inn Continues 2018 Expansion: Announces Several New Properties Across the Globe (finance.yahoo.com)
A number of research firms have recently issued reports on HLT. B. Riley reissued a “neutral” rating on shares of Hilton Worldwide in a research report on Wednesday, November 1st. Zacks Investment Research cut shares of Hilton Worldwide from a “buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank of Canada reissued a “buy” rating and set a $93.00 price objective on shares of Hilton Worldwide in a research report on Tuesday. TheStreet raised shares of Hilton Worldwide from a “c” rating to a “b” rating in a research report on Wednesday, February 14th. Finally, Wells Fargo & Co increased their price objective on shares of Hilton Worldwide from $78.00 to $88.00 and gave the stock a “market perform” rating in a research report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $80.44.
Hilton Worldwide (NYSE:HLT) last posted its earnings results on Wednesday, February 14th. The company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.10. Hilton Worldwide had a net margin of 13.77% and a return on equity of 39.37%. The company had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the business posted $0.70 EPS. The firm’s revenue was up 23.9% compared to the same quarter last year. sell-side analysts predict that Hilton Worldwide will post 2.62 earnings per share for the current fiscal year.
Hilton Worldwide announced that its board has authorized a share buyback program on Thursday, November 16th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Friday, March 2nd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.74%. Hilton Worldwide’s dividend payout ratio is presently 32.97%.
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Hilton Worldwide Company Profile
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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