Hilton Hotels (NYSE:HLT) had its target price boosted by Morgan Stanley from $64.00 to $75.00 in a research report sent to investors on Wednesday morning, BenzingaRatingsTable reports. The brokerage currently has an equal weight rating on the stock.

Several other analysts also recently commented on the stock. Nomura increased their price objective on shares of Hilton Hotels from $102.00 to $121.00 in a research report on Tuesday, June 23rd. Argus downgraded shares of Hilton Hotels from a buy rating to a hold rating in a research report on Thursday, April 9th. Wolfe Research cut shares of Hilton Hotels from an outperform rating to a market perform rating in a research note on Thursday, April 9th. Citigroup upped their target price on shares of Hilton Hotels from $68.00 to $75.00 and gave the company a neutral rating in a research note on Thursday, July 2nd. They noted that the move was a valuation call. Finally, Raymond James increased their price objective on shares of Hilton Hotels from $82.00 to $85.00 and gave the stock an outperform rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company. Hilton Hotels currently has a consensus rating of Hold and a consensus target price of $88.67.

Shares of NYSE:HLT traded down $1.09 during midday trading on Wednesday, reaching $75.05. The company’s stock had a trading volume of 4,115,075 shares, compared to its average volume of 2,405,377. The firm has a 50 day moving average of $76.32 and a 200-day moving average of $83.79. The firm has a market capitalization of $20.81 billion, a P/E ratio of 19.78, a PEG ratio of 11.26 and a beta of 1.28. Hilton Hotels has a 12-month low of $44.30 and a 12-month high of $115.48.

Hilton Hotels (NYSE:HLT) last released its earnings results on Thursday, May 7th. The company reported $0.74 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.23. Hilton Hotels had a net margin of 8.08% and a negative return on equity of 276.10%. The firm had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the firm earned $0.80 EPS. The company’s revenue was down 12.9% compared to the same quarter last year. As a group, analysts predict that Hilton Hotels will post 0.71 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the stock. Private Capital Group LLC grew its stake in Hilton Hotels by 8.9% in the first quarter. Private Capital Group LLC now owns 1,812 shares of the company’s stock valued at $124,000 after purchasing an additional 148 shares during the last quarter. Gilbert & Cook Inc. grew its stake in shares of Hilton Hotels by 3.4% during the first quarter. Gilbert & Cook Inc. now owns 4,779 shares of the company’s stock worth $326,000 after acquiring an additional 158 shares during the last quarter. Ellevest Inc. grew its stake in shares of Hilton Hotels by 36.4% during the first quarter. Ellevest Inc. now owns 596 shares of the company’s stock worth $41,000 after acquiring an additional 159 shares during the last quarter. CSat Investment Advisory L.P. grew its stake in shares of Hilton Hotels by 1.8% during the first quarter. CSat Investment Advisory L.P. now owns 8,786 shares of the company’s stock worth $599,000 after acquiring an additional 159 shares during the last quarter. Finally, V Wealth Advisors LLC grew its stake in shares of Hilton Hotels by 1.3% during the first quarter. V Wealth Advisors LLC now owns 16,159 shares of the company’s stock worth $1,103,000 after acquiring an additional 203 shares during the last quarter. 99.31% of the stock is owned by hedge funds and other institutional investors.

About Hilton Hotels

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, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Motto by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Signia Hilton brands.

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Analyst Recommendations for Hilton Hotels (NYSE:HLT)

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