Hilton Hotels Co. Common Stock (HLT) Downgraded to Hold at ValuEngine

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Hilton Hotels Co. Common Stock (NYSE:HLT) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.

Several other research firms have also weighed in on HLT. Zacks Investment Research lowered Hilton Hotels Co. Common Stock from a “buy” rating to a “hold” rating in a research note on Monday, July 30th. Jefferies Financial Group initiated coverage on Hilton Hotels Co. Common Stock in a research note on Thursday, May 31st. They set a “hold” rating and a $91.00 price objective for the company. Goldman Sachs Group lowered Hilton Hotels Co. Common Stock to a “buy” rating in a research note on Sunday, June 10th. Sanford C. Bernstein lowered Hilton Hotels Co. Common Stock from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 16th. Finally, Deutsche Bank restated a “buy” rating and issued a $95.00 target price on shares of Hilton Hotels Co. Common Stock in a report on Tuesday, May 22nd. Ten investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $86.88.

HLT opened at $76.44 on Thursday. The firm has a market cap of $22.58 billion, a PE ratio of 38.15, a P/E/G ratio of 2.81 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 fifty-two week low of $63.74 and a fifty-two week high of $88.11.

Hilton Hotels Co. Common Stock (NYSE:HLT) last released its quarterly earnings data on Wednesday, July 25th. The company reported $0.70 earnings per share for the quarter, hitting the consensus estimate of $0.70. The business had revenue of $2.29 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $0.51 EPS. equities research analysts forecast that Hilton Hotels Co. Common Stock will post 2.7 earnings per share for the current fiscal year.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbor Advisors LLC lifted its holdings in shares of Hilton Hotels Co. Common Stock by 12.6% in the second quarter. Harbor Advisors LLC now owns 7,133 shares of the company’s stock valued at $565,000 after purchasing an additional 800 shares in the last quarter. Zeke Capital Advisors LLC raised its holdings in shares of Hilton Hotels Co. Common Stock by 21.1% during the first quarter. Zeke Capital Advisors LLC now owns 4,628 shares of the company’s stock worth $365,000 after acquiring an additional 806 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Hilton Hotels Co. Common Stock by 27.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,876 shares of the company’s stock worth $307,000 after acquiring an additional 840 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of Hilton Hotels Co. Common Stock by 10.8% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,454 shares of the company’s stock worth $743,000 after acquiring an additional 919 shares in the last quarter. Finally, Xact Kapitalforvaltning AB raised its holdings in shares of Hilton Hotels Co. Common Stock by 4.5% during the first quarter. Xact Kapitalforvaltning AB now owns 24,267 shares of the company’s stock worth $1,911,000 after acquiring an additional 1,051 shares in the last quarter. Institutional investors own 97.64% 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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