Hilton Worldwide (NYSE:HLT – Get Free Report) posted its earnings results on Wednesday. The company reported $1.92 EPS for the quarter, topping the consensus estimate of $1.85 by $0.07, Briefing.com reports. The firm had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.67 EPS.
Hilton Worldwide Price Performance
NYSE:HLT traded up $1.67 during trading hours on Thursday, hitting $235.17. The stock had a trading volume of 1,601,016 shares, compared to its average volume of 1,564,953. The firm has a market capitalization of $58.80 billion, a price-to-earnings ratio of 51.13, a P/E/G ratio of 2.60 and a beta of 1.31. Hilton Worldwide has a one year low of $147.58 and a one year high of $240.00. The company has a 50 day simple moving average of $224.51 and a two-hundred day simple moving average of $213.94.
Hilton Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 15th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on HLT
Insider Buying and Selling
In related news, insider Laura Fuentes sold 4,919 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares in the company, valued at $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is currently owned by company insiders.
About Hilton Worldwide
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.
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