Analysts expect Hilton Hotels Co. (NYSE:HLT) to report sales of $2.23 billion for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Hilton Hotels’ earnings, with the highest sales estimate coming in at $2.25 billion and the lowest estimate coming in at $2.18 billion. Hilton Hotels posted sales of $2.07 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 7.7%. The company is expected to report its next earnings report on Thursday, April 25th.

On average, analysts expect that Hilton Hotels will report full year sales of $9.55 billion for the current fiscal year, with estimates ranging from $9.45 billion to $9.63 billion. For the next year, analysts expect that the firm will report sales of $10.16 billion, with estimates ranging from $9.87 billion to $10.35 billion. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Hilton Hotels.

Hilton Hotels (NYSE:HLT) last released its quarterly earnings data on Wednesday, February 13th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.10. Hilton Hotels had a return on equity of 98.93% and a net margin of 8.58%. The business had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the business posted $0.54 EPS. The business’s revenue was up 10.6% on a year-over-year basis.

Several equities research analysts have weighed in on HLT shares. Zacks Investment Research cut Hilton Hotels from a “hold” rating to a “sell” rating in a report on Friday, January 11th. SunTrust Banks increased their price objective on Hilton Hotels to $99.00 and gave the stock an “outperform” rating in a report on Thursday, February 14th. Morgan Stanley set a $73.00 target price on Hilton Hotels and gave the company a “hold” rating in a research note on Thursday, December 20th. Wells Fargo & Co raised their target price on Hilton Hotels from $80.00 to $88.00 and gave the company an “outperform” rating in a research note on Thursday, February 14th. Finally, ValuEngine cut Hilton Hotels from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. Four equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $86.45.

NYSE HLT traded up $1.33 on Thursday, hitting $85.00. The company’s stock had a trading volume of 2,340,457 shares, compared to its average volume of 2,869,575. Hilton Hotels has a 52-week low of $63.76 and a 52-week high of $85.87. The company has a debt-to-equity ratio of 13.02, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market cap of $24.43 billion, a P/E ratio of 30.47, a price-to-earnings-growth ratio of 2.57 and a beta of 1.18.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 1st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Thursday, February 28th. Hilton Hotels’s payout ratio is presently 21.51%.

In other news, insider Kevin J. Jacobs sold 53,023 shares of the firm’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $81.30, for a total value of $4,310,769.90. Following the completion of the transaction, the insider now owns 252,856 shares in the company, valued at approximately $20,557,192.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 1.70% of the company’s stock.

Large investors have recently made changes to their positions in the business. Flagship Harbor Advisors LLC raised its stake in Hilton Hotels by 100.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 465 shares of the company’s stock valued at $33,000 after buying an additional 233 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in Hilton Hotels by 3,751.4% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,470,853 shares of the company’s stock valued at $34,000 after buying an additional 2,406,698 shares during the last quarter. Lindbrook Capital LLC purchased a new position in Hilton Hotels during the fourth quarter valued at $37,000. Arbor Wealth Management LLC purchased a new position in Hilton Hotels during the fourth quarter valued at $41,000. Finally, We Are One Seven LLC purchased a new position in Hilton Hotels during the fourth quarter valued at $55,000. Institutional investors and hedge funds own 99.75% of the company’s stock.

Hilton Hotels Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise; and Ownership. The company engages in the hotel management and licensing of its brands to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, Hilton Wen'an, and Hilton Grand Vacations brands.

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Earnings History and Estimates for Hilton Hotels (NYSE:HLT)

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