Stocks of Hilton Worldwide Holdings Inc (NYSE:HLT) traded higher last session on Wall Street, up 4.86% to $270.39.
HLT stock price is now 7.85% away from the 50-day moving average and 19.26% away from the 200-day moving average. The market capitalization of the company currently stands at $65.92B.
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With the price target enhanced from $243 to $263, Mizuho Downgraded its rating from Outperform to Neutral for Hilton Worldwide Holdings Inc (NYSE: HLT). , while ‘Goldman’ rates the stock as ‘Buy’
In other news, Duffy Michael W, insider sold 23,366 shares of the company’s stock on Dec 16 ’24. The stock was sold for $5,880,288 at an average price of $251.66. Upon completion of the transaction, the insider now directly owns 22,833 shares in the company, valued at $6.17 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 16 ’24, Officer Duffy Michael W bought 23,366 shares of the business’s stock. A total of $5,880,288 was incurred on buying the stock at an average price of $251.66. A total of 2.19% of the company’s stock is owned by insiders.
During the past 12 months, Hilton Worldwide Holdings Inc has had a low of $186.83 and a high of $260.79. According to the stock market information, the enterprise value for the company is $73280626688, which is based on a 58.01 price-to-earnings ratio, a 4.24 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for HLT is $250.331 and a two-hundred day moving average price translates $226.3425 for the stock.
The latest earnings results from Hilton Worldwide Holdings Inc (NYSE: HLT) was released for 2024-09-30. The company reported revenue of $2.87 billion for the quarter, compared to $2.67 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.26 percent.
