Hilton Worldwide (NYSE:HLT – Get a Free Report) Robert W. Baird lowered its price target to $215.00 from $216.00 in a report published Thursday, Benzinga reports. The brokerage currently rates the stock as “outperform.” Robert W. Baird’s price target suggests a potential upside of 5.64% from the company’s last closing price.
Several other equities analysts have also commented on HLT. Barclays raised their price target on Hilton Worldwide from $219.00 to $228.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 17th. Truist Financial increased their price target on Hilton Worldwide from $199.00 to $209.00 and gave the company a “hold” rating in a report on Thursday, April 25th. Macquarie reiterated a “neutral” rating and set a $192.00 price target on Hilton Worldwide in a research note on Wednesday, April 24th. Susquehanna began coverage on Hilton Worldwide in a research note on Friday, June 21st. They gave the stock a “neutral” rating and a $215.00 price target. Finally, JPMorgan Chase & Co. raised their price target on shares of Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a research report on Friday, July 19. Eleven research analysts have rated the stock with a “hold” rating and nine have given it a “buy” rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $210.00.
Get our latest stock report on HLT
Hilton Worldwide shares down 1.7%
NYSE HLT shares opened at $203.52 on Thursday. The stock has a market cap of $50.89 billion, a P/E ratio of 44.24, a PEG ratio of 1.84 and a beta of 1.31. The company has a 50-day moving average of $212.77 and a 200-day moving average of $205.83. Hilton Worldwide has a 52-week low of $146.00 and a 52-week high of $229.03.
Insider Activities at Hilton Worldwide
In other Hilton Worldwide news, Director Melanie Healey acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 28. The shares were bought at an average price of $199.65 per share, for a total transaction of $399,300.00. Following the acquisition, the director now directly owns 14,938 shares of the company’s stock, valued at $2,982,371.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.50% of the shares are currently owned by company insiders.
Institutional inflows and outflows
Large investors have recently added to or reduced their holdings in the stock. EdgeRock Capital LLC acquired a new stake in Hilton Worldwide in the 4th quarter valued at about $25,000. Independence Bank of Kentucky increased its stake in Hilton Worldwide by 66.7% in the first quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Frazier Financial Advisors LLC acquired a new position in Hilton Worldwide in the 4th quarter valued at about $28,000. Raleigh Capital Management Inc. increased its stake in 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 buying an additional 56 shares in the last quarter. Finally, Pinnacle Bancorp Inc. acquired a new stake in Hilton Worldwide in the 1st quarter valued at about $34,000. 95.90% of the shares are currently owned by institutional investors.
Hilton Worldwide company profile
(Get free report)
Hilton Worldwide Holdings Inc. is a hotel company engaged in the management, franchising, owning, and leasing of hotels and resorts. It operates through two segments: Management and Franchising, and Ownership. The company is engaged in hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brands; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brands; full-service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brands; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brands; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brands; and economy hotels under the Spark by Hilton and Hilton Grand Vacations brands.
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