It is Time to “Hold” Hilton Worldwide Holdings (NYSE:HLT), Berenberg Bank Says. Stock May Be Worth $25.00


Why Has Berenberg Bank Given Hilton Worldwide Holdings (NYSE:HLT) a $25.00 Price Target

Berenberg Bank analyst have initiated coverage with a “Hold” rating on Hilton Worldwide Holdings (NYSE:HLT) today and set a price target of $25.00. The firm’s shares opened today at 22.67.

From a total of 21 analysts covering Hilton Worldwide Holdings (NYSE:HLT) stock, 19 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 86% of the ratings are positive. The highest target price is $35 while the lowest target price is $24. The mean of all analyst targets is $31.33 with a 35.77% above today’s ($22.67) stock price. Hilton Worldwide Holdings was the topic of 14 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Macquarie Research upgraded shares on December 3 to “Outperform” rating. Goldman Sachs downgraded shares to “Neutral” rating and $28 target share price in a report from an August 5. RBC Capital Markets maintained HLT stock in a recent report from November 9 with “Outperform” rating. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on an August 15.

The stock decreased 1.65% or $0.38 during the last trading session, striking $22.67. Approximately shares of stock traded hands. Hilton Worldwide Holdings Inc (NYSE:HLT) has declined 21.94% since May 5, 2015 and is downtrending. It has underperformed by 21.34% the S&P500.

The overall sentiment of institutions has decreased to 0.84 in Q2 2015. Its down 1.79, from 2.63 in 2015Q2. The ratio dived, as 60 institutions have sold all the shares of Hilton Worldwide Holdings Inc that they owned while 131 funds have taken shares off the table. 49 funds have purchased shares for the first time while 111 added to their positions. These institutions now hold 931.32 million shares or 2.33% more than the 910.14 million shares they owned in 2015Q2.

The Fund Proprium Capital Partners L.P. currently is holding shares equating to 83.03% of its total portfolio in Hilton Worldwide Holdings Inc representing a total of 8.56 million shares. Another fund,Blackstone Group L.P., is holding a total of 452.79 million shares equating to 33.36% of their holdings. Additionally, Grs Advisors Llc has a 2.94 million share stake in Hilton Worldwide Holdings Inc which represents 7.97% of their total portfolio. The Fund, Long Pond Capital Lp, based out of New York, has also built up a stake in the stock, which represents a total of 4.44% of their total portfolio. Finally Caerus Global Investors Llc, a fund which is based in the state of New York reported a total holdings of 70,575 shares.

Hilton Worldwide Holdings Inc. is a hospitality company. The company has a market cap of $22.76 billion. The Firm comprises of approximately 4,322 hotels, resorts and timeshare properties comprising of 715,062 rooms in 94 countries and territories. It has 29.95 P/E ratio. The Firm 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.” Get a free copy of the Zacks research report on Hilton Worldwide Holdings Inc (HLT).