Hilton Worldwide (HLT) Receiving Positive News Coverage, Analysis Finds

Media stories about Hilton Worldwide (NYSE:HLT) have been trending positive on Sunday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hilton Worldwide earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.7973393674243 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment’s rankings:

Hilton Worldwide (HLT) traded up $1.07 during mid-day trading on Friday, hitting $77.09. The company had a trading volume of 3,375,067 shares, compared to its average volume of 1,950,000. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a market cap of $24,670.00, a price-to-earnings ratio of 35.68, a P/E/G ratio of 8.10 and a beta of 1.33. Hilton Worldwide has a twelve month low of $55.00 and a twelve month high of $78.62.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.06. The business had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.28 billion. Hilton Worldwide had a return on equity of 27.32% and a net margin of 0.33%. The business’s revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 EPS. equities research analysts forecast that Hilton Worldwide will post 1.9 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, November 17th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, November 16th. Hilton Worldwide’s dividend payout ratio is currently 600.00%.

Hilton Worldwide announced that its board has initiated a stock buyback plan on Thursday, November 16th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

A number of research firms have weighed in on HLT. Morgan Stanley restated a “buy” rating on shares of Hilton Worldwide in a report on Friday, December 8th. Wells Fargo & Company cut Hilton Worldwide from an “outperform” rating to a “market perform” rating and set a $78.00 price target for the company. in a report on Monday, November 6th. Goldman Sachs Group cut Hilton Worldwide from a “conviction-buy” rating to a “buy” rating and set a $80.00 price target for the company. in a report on Tuesday, November 14th. B. Riley restated a “neutral” rating on shares of Hilton Worldwide in a report on Wednesday, November 1st. Finally, Barclays upped their price target on Hilton Worldwide from $64.00 to $75.00 and gave the stock an “equal weight” rating in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $72.47.

In related news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

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Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.

Insider Buying and Selling by Quarter for Hilton Worldwide (NYSE:HLT)

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