Hilton Worldwide (NYSE:HLT) Given "Neutral" Rating at The Goldman Sachs Group

Hilton Worldwide (NYSE:HLT - Get Free Report)'s stock had its "neutral" rating reissued by The Goldman Sachs Group in a research report issued on Monday, MarketBeat Ratings reports. They presently have a $235.00 price objective on the stock, down from their prior price objective of $296.00. The Goldman Sachs Group's price target would suggest a potential upside of 11.68% from the stock's current price.

Other analysts have also issued research reports about the company. Truist Financial lowered their target price on Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Mizuho restated a "neutral" rating and set a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Wells Fargo & Company upped their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Barclays lifted their price objective on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Finally, Morgan Stanley increased their target price on Hilton Worldwide from $265.00 to $274.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $248.88.

Hilton Worldwide Trading Up 0.6 %

Shares of HLT traded up $1.34 during mid-day trading on Monday, hitting $210.43. The company's stock had a trading volume of 2,144,466 shares, compared to its average volume of 1,728,656. The firm has a 50-day simple moving average of $236.33 and a 200 day simple moving average of $243.38. Hilton Worldwide has a 1-year low of $193.86 and a 1-year high of $275.22. The firm has a market capitalization of $50.42 billion, a P/E ratio of 34.22, a P/E/G ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. As a group, sell-side analysts predict that Hilton Worldwide will post 7.89 EPS for the current fiscal year.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the company's stock in a transaction on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the completion of the transaction, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. This represents a 34.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Hilton Worldwide

A number of institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Hilton Worldwide during the 4th quarter valued at about $694,787,000. Principal Financial Group Inc. boosted its position in Hilton Worldwide by 15.3% during the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after purchasing an additional 1,429,537 shares during the period. GAMMA Investing LLC raised its holdings in Hilton Worldwide by 23,543.6% in the 1st quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock worth $2,397,370,000 after acquiring an additional 1,049,101 shares during the period. JPMorgan Chase & Co. increased its position in Hilton Worldwide by 13.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock worth $1,952,314,000 after buying an additional 919,424 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Hilton Worldwide by 26.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock worth $806,999,000 after acquiring an additional 685,023 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing 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. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.