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Why Hilton Worldwide Holdings Inc (HLT) Stock Could See Much Higher Prices Ahead

Hilton Worldwide Holdings Inc (NYSE: HLT) is 13.41% higher on its value in year-to-date trading and has touched a low of $129.86 and a high of $209.71 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HLT stock was last observed hovering at around $204.66 in the last trading session, with the day’s gains setting it 1.84%.

Currently trading at $206.50, the stock is 1.42% and 6.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 0.90% at the moment leaves the stock 25.13% off its SMA200. HLT registered 49.28% gain for a year compared to 6-month gain of 33.73%. The firm has a 50-day simple moving average (SMA 50) of $6.00 and a 200-day simple moving average (SMA200) of $26.66.

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The stock witnessed a 5.27% loss in the last 1 month and extending the period to 3 months gives it a 16.83%, and is 1.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.50% over the week and 1.38% over the month.

Hilton Worldwide Holdings Inc (HLT) has around 178000 employees, a market worth around $52.07B and $10.23B in sales. Current P/E ratio is 47.81 and Fwd P/E is 25.10. Profit margin for the company is 11.15%. Distance from 52-week low is 59.02% and -1.53% from its 52-week high. The company has generated returns on investments over the last 12 months (15.00%).

Hilton Worldwide Holdings Inc quarterly earnings per share for the current quarter are estimated at $1.42 with sales reaching $2.53B over the same period.The EPS is expected to grow by 14.12% this year, but quarterly earnings will post 9.60% year-over-year. Quarterly sales are estimated to grow 14.90% in year-over-year returns.

Hilton Worldwide Holdings Inc (HLT) Top Institutional Holders

1,180 institutions hold shares in Hilton Worldwide Holdings Inc (HLT), with institutional investors hold 100.11% of the company’s shares. The shares outstanding are 253.49M, and float is at 246.92M with Short Float at 1.31%. Institutions hold 98.09% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 25.59 million shares valued at $3.72 billion. The investor’s holdings represent 9.79% of the HLT Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 19.87 million shares valued at $2.89 billion to account for 7.60% of the shares outstanding. The other top investors are FMR, LLC which holds 11.05 million shares representing 4.22% and valued at over $1.61 billion, while T. Rowe Price Investment Management, Inc. holds 3.83% of the shares totaling 10.01 million with a market value of $1.46 billion.

Hilton Worldwide Holdings Inc (HLT) Insider Activity

The most recent transaction is an insider sale by NASSETTA CHRISTOPHER J. SEC filings show that NASSETTA CHRISTOPHER J sold 22,095 shares of the company’s common stock on Feb 09 ’24 at a price of $192.83 per share for a total of $4.26 million. Following the sale, the insider now owns 2.57 million shares.

Hilton Worldwide Holdings Inc disclosed in a document filed with the SEC on Feb 08 ’24 that NASSETTA CHRISTOPHER Jsold a total of 21,489 shares of the company’s common stock. The trade occurred on Feb 08 ’24 and was made at $195.68 per share for $4.21 million. Following the transaction, the insider now directly holds 2.54 million shares of the HLT stock.

Still, SEC filings show that on Nov 16 ’23, Silcock Christopher W () disposed off 10,863 shares at an average price of $166.61 for $1.81 million. The insider now directly holds 58,256 shares of Hilton Worldwide Holdings Inc (HLT).

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