Hilton Hotels Co. Common Stock (HLT) Rating Increased to Buy at ValuEngine

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Hilton Hotels Co. Common Stock (NYSE:HLT) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.

HLT has been the subject of a number of other research reports. Berenberg Bank upgraded Hilton Hotels Co. Common Stock from a “hold” rating to a “buy” rating in a report on Thursday, July 19th. Deutsche Bank reiterated a “buy” rating and set a $95.00 target price on shares of Hilton Hotels Co. Common Stock in a report on Tuesday, May 22nd. Sanford C. Bernstein cut Hilton Hotels Co. Common Stock from an “outperform” rating to a “market perform” rating in a report on Thursday, August 16th. Goldman Sachs Group cut Hilton Hotels Co. Common Stock to a “buy” rating in a report on Sunday, June 10th. Finally, Jefferies Financial Group assumed coverage on Hilton Hotels Co. Common Stock in a report on Thursday, May 31st. They set a “hold” rating and a $91.00 target price for the company. Nine analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $86.88.

HLT stock opened at $80.06 on Friday. The stock has a market cap of $23.25 billion, a price-to-earnings ratio of 40.03, a PEG ratio of 2.89 and a beta of 1.26. The company has a debt-to-equity ratio of 13.51, a current ratio of 0.78 and a quick ratio of 0.78. Hilton Hotels Co. Common Stock has a 1 year low of $66.07 and a 1 year high of $88.11.

Hilton Hotels Co. Common Stock (NYSE:HLT) last released its earnings results on Wednesday, July 25th. The company reported $0.70 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.70. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.48 billion. Hilton Hotels Co. Common Stock had a return on equity of 50.91% and a net margin of 15.53%. The company’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. sell-side analysts forecast that Hilton Hotels Co. Common Stock will post 2.7 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in HLT. Eaton Vance Management grew its holdings in shares of Hilton Hotels Co. Common Stock by 48.7% in the 1st quarter. Eaton Vance Management now owns 76,440 shares of the company’s stock valued at $6,020,000 after acquiring an additional 25,051 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Hilton Hotels Co. Common Stock by 4.6% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 846,017 shares of the company’s stock valued at $66,633,000 after acquiring an additional 36,997 shares in the last quarter. Aperio Group LLC grew its holdings in shares of Hilton Hotels Co. Common Stock by 12.0% in the 1st quarter. Aperio Group LLC now owns 43,019 shares of the company’s stock valued at $3,388,000 after acquiring an additional 4,603 shares in the last quarter. Korea Investment CORP grew its holdings in shares of Hilton Hotels Co. Common Stock by 203.8% in the 1st quarter. Korea Investment CORP now owns 79,107 shares of the company’s stock valued at $6,230,000 after acquiring an additional 53,070 shares in the last quarter. Finally, Tredje AP fonden grew its holdings in shares of Hilton Hotels Co. Common Stock by 28.7% in the 1st quarter. Tredje AP fonden now owns 37,315 shares of the company’s stock valued at $2,939,000 after acquiring an additional 8,310 shares in the last quarter. Institutional investors own 97.78% of the company’s stock.

Hilton Hotels Co. Common Stock Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises 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 to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, and Hilton Grand Vacations brands.

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Analyst Recommendations for Hilton Hotels Co. Common Stock (NYSE:HLT)

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