Hilton Worldwide (NYSE:HLT) Price Target Raised to $330.00

by · The Cerbat Gem

Hilton Worldwide (NYSE:HLTFree Report) had its price target boosted by The Goldman Sachs Group from $317.00 to $330.00 in a research report sent to investors on Tuesday morning,MarketScreener reports.

Several other analysts have also recently commented on HLT. Deutsche Bank Aktiengesellschaft upped their target price on shares of Hilton Worldwide from $286.00 to $299.00 in a research report on Tuesday. Robert W. Baird dropped their price objective on Hilton Worldwide from $278.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, October 17th. HSBC raised their target price on Hilton Worldwide from $307.00 to $319.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. TD Cowen upped their price target on Hilton Worldwide from $297.00 to $330.00 in a research note on Tuesday. Finally, Sanford C. Bernstein lifted their price objective on shares of Hilton Worldwide from $285.00 to $304.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.39.

View Our Latest Stock Analysis on HLT

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $308.36 on Tuesday. The company has a 50 day moving average of $291.37 and a 200-day moving average of $276.20. Hilton Worldwide has a one year low of $196.04 and a one year high of $310.40. The stock has a market cap of $71.67 billion, a price-to-earnings ratio of 44.63, a P/E/G ratio of 2.63 and a beta of 1.13.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HLT. Clearstead Trust LLC acquired a new stake in shares of Hilton Worldwide during the second quarter worth $30,000. Sagard Holdings Management Inc. acquired a new stake in shares of Hilton Worldwide in the 2nd quarter valued at about $30,000. Caitlin John LLC bought a new stake in shares of Hilton Worldwide in the third quarter valued at about $32,000. ST Germain D J Co. Inc. acquired a new position in shares of Hilton Worldwide during the fourth quarter worth about $33,000. Finally, Bank of Jackson Hole Trust grew its holdings in shares of Hilton Worldwide by 132.7% during the second quarter. Bank of Jackson Hole Trust now owns 128 shares of the company’s stock worth $34,000 after buying an additional 73 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Key Headlines Impacting Hilton Worldwide

Here are the key news stories impacting Hilton Worldwide this week:

Hilton Worldwide Company Profile

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Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.

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