Hilton Worldwide Holdings Inc. (HLT) to Issue Quarterly Dividend of $0.15 on December 29th

Hilton Worldwide Holdings Inc. (NYSE:HLT) declared a quarterly dividend on Tuesday, October 24th, Zacks reports. Shareholders of record on Friday, November 17th will be paid a dividend of 0.15 per share on Friday, December 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date is Thursday, November 16th.

Hilton Worldwide Holdings (HLT) opened at $72.91 on Wednesday. Hilton Worldwide Holdings has a fifty-two week low of $49.78 and a fifty-two week high of $73.76. The company has a debt-to-equity ratio of 4.53, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $23,234.87, a PE ratio of 33.62, a price-to-earnings-growth ratio of 7.63 and a beta of 1.31.

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

In related news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the company’s stock in a transaction dated 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.50% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION NOTICE: “Hilton Worldwide Holdings Inc. (HLT) to Issue Quarterly Dividend of $0.15 on December 29th” was posted by Markets Daily and is owned by of Markets Daily. If you are reading this article on another website, it was illegally copied and republished in violation of international trademark and copyright laws. The original version of this article can be read at https://www.themarketsdaily.com/2017/11/15/hilton-worldwide-holdings-inc-hlt-to-issue-quarterly-dividend-of-0-15-on-december-29th.html.

A number of equities research analysts have commented on the company. upgraded Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. upped their price target on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a research report on Wednesday, July 26th. Barclays PLC upped their price target on Hilton Worldwide Holdings from $63.00 to $64.00 and gave the company an “equal weight” rating in a research report on Thursday, July 27th. reiterated a “sell” rating and issued a $47.00 price target on shares of Hilton Worldwide Holdings in a research report on Thursday, July 27th. Finally, lowered Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $73.21.

About Hilton Worldwide Holdings

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.

Dividend History for Hilton Worldwide Holdings (NYSE:HLT)

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

Latest News

Leave a Reply