Today’s Rating Alert: Time To Sell Hilton Worldwide Holdings Inc (NYSE:HLT), Evercore ISI Group Downgrades It

November 28, 2016 - By whatsonthorold

Today's Rating Alert: Time To Sell Hilton Worldwide Holdings Inc (NYSE:HLT), Evercore ISI Group Downgrades It

Hilton Worldwide Holdings Inc (NYSE:HLT) Downgrade

Hilton Worldwide Holdings Inc (NYSE:HLT)‘s stock was decreased to a Hold by equity analysts at Evercore ISI Group. HLT’s Buy rating is no longer valid.

Hilton Worldwide Holdings Inc (NYSE:HLT) Ratings Coverage

Out of 15 analysts covering Hilton Worldwide Holdings (NYSE:HLT), 9 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 60% are positive. $34 is the highest target while $23 is the lowest. The $28.29 average target is 13.21% above today’s ($24.99) stock price. Hilton Worldwide Holdings has been the topic of 24 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Citigroup given on Friday, May 13. The firm has “Mkt Perform” rating given on Friday, November 20 by FBR Capital. Goldman Sachs downgraded the shares of HLT in a report on Wednesday, August 5 to “Neutral” rating. On Monday, January 4 the stock rating was initiated by Telsey Advisory Group with “Outperform”. On Monday, September 7 the stock rating was maintained by Evercore with “Buy”. The rating was initiated by Bernstein on Friday, September 9 with “Market Perform”. The rating was upgraded by Macquarie Research on Thursday, December 3 to “Outperform”. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) earned “Buy” rating by Deutsche Bank on Tuesday, September 22. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) has “Buy” rating given on Thursday, February 4 by UBS. The firm has “Sell” rating by M Partners given on Thursday, January 14.

About 5.67M shares traded hands. Hilton Worldwide Holdings Inc (NYSE:HLT) has risen 16.42% since April 25, 2016 and is uptrending. It has outperformed by 10.41% the S&P500.

Analysts await Hilton Worldwide Holdings Inc (NYSE:HLT) to report earnings on February, 24. They expect $0.22 EPS, 0.00% or $0.00 from last year’s $0.22 per share. HLT’s profit will be $220.18 million for 28.41 P/E if the $0.22 EPS becomes a reality. After $0.23 actual EPS reported by Hilton Worldwide Holdings Inc for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.01 in Q2 2016. Its up 0.05, from 0.96 in 2016Q1. The ratio improved, as 55 funds sold all Hilton Worldwide Holdings Inc shares owned while 100 reduced positions. 35 funds bought stakes while 114 increased positions. They now own 974.89 million shares or 6.17% more from 918.20 million shares in 2016Q1.

Reliance Trust Of Delaware, a Delaware-based fund reported 14,623 shares. Westpac has 582,982 shares for 0% of their US portfolio. Neuberger Berman Grp Ltd Company holds 0% or 39,240 shares in its portfolio. Decatur Capital Mngmt Incorporated last reported 1.76% of its portfolio in the stock. Pub Employees Retirement Association Of Colorado has 110,160 shares for 0.02% of their US portfolio. Hartford Mngmt has invested 0.01% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT). California Pub Employees Retirement System has invested 0.04% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT). Advsrs Asset holds 110,362 shares or 0.04% of its portfolio. Advisory Net Limited Liability Corporation holds 0% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT) for 300 shares. Synovus Finance holds 0% or 202 shares in its portfolio. The New York-based Oz Management L P has invested 1.01% in Hilton Worldwide Holdings Inc (NYSE:HLT). Gateway Inv Advisers Lc holds 0.16% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT) for 851,602 shares. Moreover, Aqr Cap Lc has 0.06% invested in Hilton Worldwide Holdings Inc (NYSE:HLT) for 1.44M shares. The New York-based Alliancebernstein Lp has invested 0.01% in Hilton Worldwide Holdings Inc (NYSE:HLT). Nuveen Asset Mngmt Ltd Liability Corporation holds 966,650 shares or 0.13% of its portfolio.

Hilton Worldwide Holdings Inc. is a hospitality company. The company has a market cap of $25.01 billion. The Firm is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. It has a 15.97 P/E ratio. It operates through three divisions: management and franchise, ownership and timeshare.

According to Zacks Investment Research, “Hilton Worldwide Holdings Inc. offers hospitality service. The company is engaged in the ownership, leasing, management, development and franchising of hotels, resorts and timeshare properties. Its portfolio of brand names consists of Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn, Homewood Suites by Hilton and Home2 Suites by Hilton and timeshare properties under the Hilton Grand Vacations brand. Hilton Worldwide Holdings Inc. is headquartered in McLean, Virginia.”

HLT Company Profile

Hilton Worldwide Holdings Inc., incorporated on March 18, 2010, is a hospitality company. The Firm is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. The Firm operates through three divisions: ownership, management and franchise, and timeshare. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories. The Company’s ownership segment consists of over 150 hotels with approximately 59,460 rooms. Through management and franchise segment, the Company consists of over 4,420 hotels with approximately 691,890 rooms. Through the timeshare segment, the Company consists of over 45 properties comprising approximately 7,150 units. It markets and sells timeshare intervals; operates timeshare resorts and a timeshare membership club, and provides consumer financing. The Company’s brand portfolio includes its luxury and lifestyle hotel brands, such as Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy, Hilton Hotels & Resorts, Curio, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton, Hilton Grand Vacations and Tru by Hilton.

More news for Hilton Worldwide Holdings Inc (NYSE:HLT) were recently published by: Nasdaq.com, which released: “Zacks Industry Outlook Highlights: Marriott International, Hilton Worldwide …” on November 28, 2016. Forbes.com‘s article titled: “Ex-Dividend Reminder: Lithia Motors, TJX Companies and Hilton Worldwide Holdings” and published on November 04, 2016 is yet another important article.

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