The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) hit a new 52-week high and has $26.95 target or 8.00% above today’s $24.95 share price. The 7 months bullish chart indicates low risk for the $24.92B company. The 1-year high was reported on Nov, 23 by Barchart.com. If the $26.95 price target is reached, the company will be worth $1.99 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 2.69 million shares traded hands. Hilton Worldwide Holdings Inc (NYSE:HLT) has risen 12.34% since April 21, 2016 and is uptrending. It has outperformed by 7.01% the S&P500.
Analysts await Hilton Worldwide Holdings Inc (NYSE:HLT) to report earnings on February, 24. They expect $0.22 EPS, 0.00% or $0.00 from last year’s $0.22 per share. HLT’s profit will be $219.74 million for 28.35 P/E if the $0.22 EPS becomes a reality. After $0.23 actual EPS reported by Hilton Worldwide Holdings Inc for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.
Hilton Worldwide Holdings Inc (NYSE:HLT) Ratings Coverage
Out of 15 analysts covering Hilton Worldwide Holdings (NYSE:HLT), 9 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 60% are positive. Hilton Worldwide Holdings has been the topic of 24 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The rating was maintained by Barclays Capital on Saturday, August 15 with “Overweight”. The firm has “Buy” rating given on Tuesday, April 12 by CLSA. As per Wednesday, August 12, the company rating was maintained by Deutsche Bank. Bernstein initiated Hilton Worldwide Holdings Inc (NYSE:HLT) on Friday, September 9 with “Market Perform” rating. The rating was downgraded by M Partners to “Sell” on Thursday, January 14. The firm has “Outperform” rating by Telsey Advisory Group given on Monday, January 4. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) has “Outperform” rating given on Thursday, December 3 by Macquarie Research. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, September 22. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) earned “Buy” rating by Citigroup on Friday, May 13. The firm has “Hold” rating by Berenberg given on Tuesday, December 8.
According to Zacks Investment Research, “Hilton Worldwide Holdings Inc. offers hospitality service. The company is engaged in the ownership, leasing, management, development and franchising of hotels, resorts and timeshare properties. Its portfolio of brand names consists of Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn, Homewood Suites by Hilton and Home2 Suites by Hilton and timeshare properties under the Hilton Grand Vacations brand. Hilton Worldwide Holdings Inc. is headquartered in McLean, Virginia.”
Insitutional Activity: The institutional sentiment increased to 1.01 in Q2 2016. Its up 0.05, from 0.96 in 2016Q1. The ratio increased, as 55 funds sold all Hilton Worldwide Holdings Inc shares owned while 100 reduced positions. 35 funds bought stakes while 114 increased positions. They now own 974.89 million shares or 6.17% more from 918.20 million shares in 2016Q1.
State Board Of Administration Of Florida Retirement reported 638,715 shares or 0.05% of all its holdings. The Texas-based Teacher Retirement Of Texas has invested 0.08% in Hilton Worldwide Holdings Inc (NYSE:HLT). Confluence Inv Mngmt Ltd Company, a Missouri-based fund reported 122,099 shares. Csat Invest Advisory L P holds 62,199 shares or 2.94% of its portfolio. National Pension Service has 0.08% invested in the company for 389,667 shares. Shinko Asset Mngmt holds 0% or 1,450 shares in its portfolio. Grs Advsrs Limited last reported 794,700 shares in the company. Schwab Charles Investment Mngmt holds 0.02% or 750,562 shares in its portfolio. Brown Advisory Inc holds 0% or 20,565 shares in its portfolio. Raymond James Assoc has invested 0% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT). Credit Suisse Ag has 0.01% invested in the company for 561,540 shares. Bamco accumulated 0.25% or 2.10M shares. Moreover, Amer Bancorp has 0.01% invested in Hilton Worldwide Holdings Inc (NYSE:HLT) for 690 shares. Jennison Assocs Limited Liability accumulated 6.00 million shares or 0.15% of the stock. The Netherlands-based Delta Lloyd Nv has invested 0.03% in Hilton Worldwide Holdings Inc (NYSE:HLT).
More important recent Hilton Worldwide Holdings Inc (NYSE:HLT) news were published by: Nasdaq.com which released: “Zacks Industry Outlook Highlights: Hyatt Hotels, Hilton Worldwide Holdings …” on November 23, 2016, also Reuters.com published article titled: “BRIEF-Hilton Worldwide Holdings Inc comparable RevPAR increased 1.3 pct fo…”, Businesswire.com published: “Hilton Introduces Expanded Leadership Team for Park Hotels & Resorts” on November 14, 2016. More interesting news about Hilton Worldwide Holdings Inc (NYSE:HLT) was released by: Forbes.com and their article: “Ex-Dividend Reminder: Lithia Motors, TJX Companies and Hilton Worldwide Holdings” with publication date: November 04, 2016.
HLT Company Profile
Hilton Worldwide Holdings Inc., incorporated on March 18, 2010, is a hospitality company. The Firm is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. The Firm operates through three divisions: ownership, management and franchise, and timeshare. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories. The Company’s ownership segment consists of over 150 hotels with approximately 59,460 rooms. Through management and franchise segment, the Company consists of over 4,420 hotels with approximately 691,890 rooms. Through the timeshare segment, the Company consists of over 45 properties comprising approximately 7,150 units. It markets and sells timeshare intervals; operates timeshare resorts and a timeshare membership club, and provides consumer financing. The Company’s brand portfolio includes its luxury and lifestyle hotel brands, such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy, Hilton Hotels & Resorts, Curio, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton, Hilton Grand Vacations and Tru by Hilton.
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