One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the stock.
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The firm maintained its “outperform” rating and $34 price target on the stock.
“We believe the report should be very well received and soothe burgeoning concerns about a near-term slowdown fueled by a few hotel REITs that recently reported”, said Santarelli, who has a buy rating on the shares. Analysts at Brean Capital downgraded shares of Zimmer Biomet Holdings to a “hold” rating in a research note on Thursday. Evercore ISI reissued a hold rating and set a $32.00 price objective (up from $31.00) on shares of Hilton Worldwide Holdings in a research report on Saturday, June 6th. Hilton Worldwide Holdings presently has a consensus rating of Buy and an average target price of $31.39.
Hilton Worldwide Holdings Inc (HLT) current short interest stands at 5.95 million shares. Citigroup increased their price target on HLT from $33 to $34. 12,487,567 shares of the stock were exchanged. The shares were sold at an average price of $27.54, for a total value of $716,040.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The stock ended up at $27.71. The disclosure for this sale can be found here. (NYSE:HLT): 13 Analyst have given the stock of Hilton Worldwide Holdings Inc. The daily volume was measured at 19,324,589 shares. The company has a 50-day moving average of $27.92 and a 200-day moving average of $28.45. The company has a market cap of $27,362 million.
For the third quarter, earnings per share, adjusted for special items, is projected in the range of $0.21-$0.23 and adjusted EBITDA in the range of $730 million – $750 million.
Revenue rose 9.6 percent to $2.92 billion.
In all for the quarter, Hilton reported a profit of $161 million, or 16 cents a share, down from $209 million, or 21 cents, a year earlier.
Overall occupancy rose to 79.2 percent from 78.4 percent. Shareholders of record on Friday, August 14th will be paid a dividend of 0.07 per share on Friday, September 25th. This represents a $0.88 dividend on an annualized basis and a yield of 0.83%.
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The 52-week high of Hilton Worldwide Holdings Inc. The Company designs, manufactures and markets orthopedic reconstructive products; sports medicine, biologics, extremities and trauma products; spine, bone healing, craniomaxillofacial and thoracic products; dental implants, and related surgical products. The Company operates through three segments: management and franchise, ownership and timeshare.
