Q1 2019 EPS Estimates for Hilton Hotels Co. Cut by Analyst (HLT)

Hilton Hotels Co. (NYSE:HLT) – Equities research analysts at B. Riley cut their Q1 2019 EPS estimates for shares of Hilton Hotels in a note issued to investors on Thursday, October 25th. B. Riley analyst B. Maher now forecasts that the company will earn $0.60 per share for the quarter, down from their previous estimate of $0.61. B. Riley has a “Buy” rating and a $85.00 price objective on the stock. B. Riley also issued estimates for Hilton Hotels’ Q2 2019 earnings at $0.86 EPS, Q4 2019 earnings at $0.76 EPS, FY2019 earnings at $3.08 EPS and FY2020 earnings at $3.39 EPS.

Hilton Hotels (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 24th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. The company had revenue of $2.25 billion for the quarter, compared to analyst estimates of $2.41 billion. Hilton Hotels had a return on equity of 63.76% and a net margin of 15.51%. Hilton Hotels’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 EPS.

Other equities research analysts have also issued research reports about the company. Berenberg Bank raised Hilton Hotels from a “hold” rating to a “buy” rating in a research report on Thursday, July 19th. Zacks Investment Research raised Hilton Hotels from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research report on Thursday, July 19th. ValuEngine raised Hilton Hotels from a “hold” rating to a “buy” rating in a research report on Friday, September 14th. Sanford C. Bernstein lowered Hilton Hotels from an “outperform” rating to a “market perform” rating in a research report on Thursday, August 16th. Finally, Longbow Research began coverage on Hilton Hotels in a research report on Friday, September 7th. They set a “buy” rating and a $96.00 target price on the stock. Six investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $84.99.

HLT stock opened at $68.60 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 13.03. The stock has a market capitalization of $20.25 billion, a price-to-earnings ratio of 34.30, a P/E/G ratio of 3.88 and a beta of 1.26. Hilton Hotels has a 1 year low of $63.76 and a 1 year high of $88.11.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 28th. Shareholders of record on Friday, November 9th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.87%. The ex-dividend date is Thursday, November 8th. Hilton Hotels’s dividend payout ratio (DPR) is 30.00%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC acquired a new position in Hilton Hotels during the second quarter worth approximately $142,000. First Hawaiian Bank acquired a new position in Hilton Hotels during the third quarter worth approximately $152,000. Cerebellum GP LLC acquired a new position in Hilton Hotels during the third quarter worth approximately $187,000. Steward Partners Investment Advisory LLC increased its position in Hilton Hotels by 117.9% during the third quarter. Steward Partners Investment Advisory LLC now owns 2,602 shares of the company’s stock worth $210,000 after buying an additional 1,408 shares during the period. Finally, Dupont Capital Management Corp acquired a new position in Hilton Hotels during the second quarter worth approximately $217,000. 97.85% of the stock is currently owned by 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, 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, and Hilton Grand Vacations brands.

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

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