Hilton Hotels’ (HLT) Hold Rating Reiterated at Deutsche Bank

Deutsche Bank restated their hold rating on shares of Hilton Hotels (NYSE:HLT) in a research report sent to investors on Thursday, AnalystRatings.com reports. They currently have a $93.00 price target on the stock.

Several other research analysts also recently commented on the company. Morgan Stanley lifted their target price on Hilton Hotels from $86.00 to $94.00 and gave the stock an equal weight rating in a research note on Thursday, July 25th. ValuEngine downgraded Hilton Hotels from a buy rating to a hold rating in a research note on Tuesday, August 20th. Sanford C. Bernstein started coverage on Hilton Hotels in a research note on Wednesday, September 11th. They set an outperform rating and a $108.00 target price for the company. BMO Capital Markets started coverage on Hilton Hotels in a research note on Wednesday, October 16th. They set an outperform rating and a $104.00 target price for the company. Finally, Raymond James lifted their target price on Hilton Hotels from $102.00 to $104.00 and gave the stock an outperform rating in a research note on Thursday, July 25th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of Hold and an average target price of $99.65.

Shares of NYSE HLT traded up $2.14 during midday trading on Thursday, hitting $101.22. 1,853,388 shares of the company’s stock were exchanged, compared to its average volume of 2,186,983. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 78.08. Hilton Hotels has a 12 month low of $65.64 and a 12 month high of $101.47. The company’s 50 day moving average price is $95.68 and its 200 day moving average price is $94.44. The firm has a market capitalization of $28.28 billion, a PE ratio of 36.28, a price-to-earnings-growth ratio of 3.23 and a beta of 1.10.

Hilton Hotels (NYSE:HLT) last issued its earnings results on Wednesday, October 23rd. The company reported $1.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.02 by $0.03. Hilton Hotels had a return on equity of 972.97% and a net margin of 9.92%. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.39 billion. During the same period in the previous year, the company posted $0.77 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. On average, equities research analysts anticipate that Hilton Hotels will post 3.85 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 8th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 0.59%. Hilton Hotels’s payout ratio is currently 21.51%.

Large investors have recently added to or reduced their stakes in the stock. Carroll Financial Associates Inc. raised its holdings in Hilton Hotels by 122.4% in the 2nd quarter. Carroll Financial Associates Inc. now owns 318 shares of the company’s stock valued at $31,000 after acquiring an additional 175 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Hilton Hotels by 78.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 2,160 shares of the company’s stock valued at $211,000 after acquiring an additional 950 shares in the last quarter. IFM Investors Pty Ltd raised its holdings in Hilton Hotels by 10.8% in the 2nd quarter. IFM Investors Pty Ltd now owns 19,960 shares of the company’s stock valued at $1,951,000 after acquiring an additional 1,945 shares in the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its holdings in Hilton Hotels by 3.0% in the 2nd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 21,210 shares of the company’s stock valued at $2,051,000 after acquiring an additional 626 shares in the last quarter. Finally, Archford Capital Strategies LLC raised its holdings in Hilton Hotels by 6.9% in the 2nd quarter. Archford Capital Strategies LLC now owns 5,902 shares of the company’s stock valued at $577,000 after acquiring an additional 382 shares in the last quarter. 95.87% of the stock is owned by institutional investors and hedge funds.

About Hilton Hotels

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, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Motto by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Signia Hilton brands.

Recommended Story: Trading based on a resistance level

Analyst Recommendations for Hilton Hotels (NYSE:HLT)

Receive News & Ratings for Hilton Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Hotels and related companies with MarketBeat.com's FREE daily email newsletter.