Today’s Price Action: Could Hilton Worldwide Holdings Inc See a Reversal After This Very Strong Session?

Today's Price Action: Could Hilton Worldwide Holdings Inc See a Reversal After This Very Strong Session?

The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) is a huge mover today! About 2.19 million shares traded hands. Hilton Worldwide Holdings Inc (NYSE:HLT) has risen 8.57% since March 9, 2016 and is uptrending. It has outperformed by 1.16% the S&P500.
The move comes after 6 months positive chart setup for the $22.05B company. It was reported on Oct, 12 by Barchart.com. We have $34.07 PT which if reached, will make NYSE:HLT worth $11.25B more.

Analysts await Hilton Worldwide Holdings Inc (NYSE:HLT) to report earnings on October, 26. They expect $0.23 earnings per share, 0.00% or $0.00 from last year’s $0.23 per share. HLT’s profit will be $224.80M for 24.52 P/E if the $0.23 EPS becomes a reality. After $0.25 actual earnings per share reported by Hilton Worldwide Holdings Inc for the previous quarter, Wall Street now forecasts -8.00% negative EPS growth.

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. Hilton Worldwide Holdings has been the topic of 24 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Bank of America downgraded Hilton Worldwide Holdings Inc (NYSE:HLT) on Thursday, May 19 to “Neutral” rating. Telsey Advisory Group initiated Hilton Worldwide Holdings Inc (NYSE:HLT) rating on Monday, January 4. Telsey Advisory Group has “Outperform” rating and $28 price target. On Saturday, August 15 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Buy” rating given by Deutsche Bank on Tuesday, September 22. Macquarie Research upgraded the shares of HLT in a report on Thursday, December 3 to “Outperform” rating. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) has “Mkt Perform” rating given on Friday, November 20 by FBR Capital. The rating was downgraded by M Partners to “Sell” on Thursday, January 14. As per Thursday, February 4, the company rating was maintained by UBS. The rating was initiated by Bernstein with “Market Perform” on Friday, September 9. The rating was initiated by CLSA with “Buy” on Tuesday, April 12.

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.”

Insitutional Activity: The institutional sentiment increased to 0.96 in 2016 Q2. Its up 0.01, from 0.95 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.
Fifth Third National Bank holds 0% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT) for 83 shares. Aberdeen Asset Management Public Limited Uk owns 232,728 shares or 0.02% of their US portfolio. Csat Advisory L P owns 62,199 shares or 2.94% of their US portfolio. California State Teachers Retirement Systems holds 0.05% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT) for 1.11 million shares. Moreover, Bancorp Of America De has 0.01% invested in Hilton Worldwide Holdings Inc (NYSE:HLT) for 2.03M shares. Pictet Asset Management has invested 0.01% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT). Synovus Fincl, a Georgia-based fund reported 202 shares. The Tennessee-based State Of Tennessee Treasury Department has invested 0.01% in Hilton Worldwide Holdings Inc (NYSE:HLT). Sumitomo Mitsui Trust Hldgs holds 0.06% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT) for 1.49M shares. Fmr Ltd Liability Co has 25.75M shares for 0.08% of their US portfolio. First Personal Fincl holds 0% or 180 shares in its portfolio. Emerald Advisers Incorporated Pa, a Pennsylvania-based fund reported 114,393 shares. Amf Pensionsforsakring Ab has 859,060 shares for 0.25% of their US portfolio. Oppenheimer And, a New York-based fund reported 54,185 shares. Checchi Capital Advisers Ltd Liability Company last reported 0.01% of its portfolio in the stock.

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.

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