Hilton Worldwide Holdings Inc (HLT) was Initiated by Credit Agricole to “Buy” and the brokerage firm has set the Price Target at $27. Credit Agricole advised their investors in a research report released on Apr 12, 2016.
Many Wall Street Analysts have commented on Hilton Worldwide Holdings Inc. Credit Agricole Initiated Hilton Worldwide Holdings Inc on Apr 12, 2016 to “Buy”, Price Target of the shares are set at $27.Shares were Reiterated by FBR Capital on Feb 29, 2016 to “Outperform” and Lowered the Price Target to $ 31 from a previous price target of $32 .Shares were Reiterated by Barclays on Feb 29, 2016 to “Overweight” and Lowered the Price Target to $ 27 from a previous price target of $30 .
On the company’s financial health, Hilton Worldwide Holdings Inc reported $0.22 EPS for the quarter, based on the information available during the earnings call on Feb 26, 2016. Analyst had a consensus estimate of $0.22. The company had revenue of $2856.00 million for the quarter, compared to analysts expectations of $2963.26 million. The company’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS.
Hilton Worldwide Holdings Inc (HLT) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $22.43 and reached the intraday high at $22.69. The bulls started the profit booking and pushed the shares to intraday low of $22.29. The trading session was marked by a volume range of 51,45,419 shares exchanging hands. The 52-week high of the shares is $31.6 and the 52-week low is $16.16. The market cap of the company stands at $22,030 M and there are 98,78,73,500 shares in public circulation.
In a different news, on Aug 24, 2015, Kevin J Jacobs (officer ) sold 24,900 shares at $24.88 per share price. According to the SEC, on Aug 10, 2015, Douglas M Steenland (director) purchased 10,000 shares at $26.10 per share price. On May 12, 2015, Paula A Kuykendall (officer ) sold 28,766 shares at $30.00 per share price, according to the Form-4 filing with the securities and exchange commission.
Hilton Worldwide Holdings Inc. is a hospitality company. The Company comprises of approximately 4322 hotels resorts and timeshare properties comprising of 715062 rooms in 94 countries and territories. The Company operates through three segments: management and franchise ownership and timeshare. The Companys brands are Waldorf Astoria Hotels & Resorts Conrad Hotels & Resorts Canopy by Hilton Hilton Hotels & Resorts CurioA Collection by Hilton DoubleTree by Hilton Embassy Suites Hotels Hilton Garden Inn Hampton Hotels Homewood Suites by Hilton Home2 Suites by Hilton and Hilton Grand Vacations. The Company also offers customer loyalty program which provides reward points for the guests for each stay at any of its more than 4300 hotels around the world which are then redeemable for free hotel nights and other rewards.