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.
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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.
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