What’s Hilton Worldwide Holdings Inc (HLT) Upside After Making 52-Week High?

November 7, 2017 - By Adrian Mccoy

Investors sentiment increased to 0.5 in Q2 2017. Its up 0.49, from 0.01 in 2017Q1. It increased, as 2 investors sold Hilton Worldwide Holdings Inc shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 71,168 shares or 81.69% less from 388,602 shares in 2017Q1 were reported.
Grassi Management has invested 0.11% of its portfolio in Hilton Worldwide Holdings Inc (NYSE:HLT). United Kingdom-based Gulf International Fincl Bank (Uk) Limited has invested 0.05% in Hilton Worldwide Holdings Inc (NYSE:HLT).

The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) hit a new 52-week high and has $75.33 target or 3.00 % above today’s $73.14 share price. The 7 months bullish chart indicates low risk for the $23.40 billion company. The 1-year high was reported on Nov, 7 by Barchart.com. If the $75.33 price target is reached, the company will be worth $702.00 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 678,806 shares traded. Hilton Worldwide Holdings Inc (NYSE:HLT) has risen 50.92% since November 7, 2016 and is uptrending. It has outperformed by 34.22% the S&P500.

Hilton Worldwide Holdings Inc (NYSE:HLT) Ratings Coverage

Among 25 analysts covering Hilton Worldwide Holdings (NYSE:HLT), 19 have Buy rating, 0 Sell and 6 Hold. Therefore 76% are positive. Hilton Worldwide Holdings had 61 analyst reports since August 5, 2015 according to SRatingsIntel. Telsey Advisory Group maintained it with “Market Perform” rating and $71 target in Friday, October 27 report. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) has “Neutral” rating given on Wednesday, August 5 by Goldman Sachs. The firm has “Buy” rating by Robert W. Baird given on Wednesday, September 20. The firm earned “Buy” rating on Wednesday, July 26 by RBC Capital Markets. RBC Capital Markets maintained the shares of HLT in report on Tuesday, January 17 with “Outperform” rating. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) earned “Buy” rating by RBC Capital Markets on Monday, June 12. The rating was downgraded by Bank of America to “Neutral” on Thursday, May 19. The stock of Hilton Worldwide Holdings Inc (NYSE:HLT) has “Outperform” rating given on Friday, December 9 by Telsey Advisory Group. Barclays Capital maintained it with “Equal-Weight” rating and $64 target in Thursday, July 27 report. The stock has “Buy” rating by Deutsche Bank on Tuesday, September 22.

More recent Hilton Worldwide Holdings Inc (NYSE:HLT) news were published by: Nasdaq.com which released: “Crossmark Global Holdings, Inc. Buys Xerox Corp, ArcelorMittal SA, Hilton …” on October 28, 2017. Also Nasdaq.com published the news titled: “Zacks Industry Outlook Highlights: Marriott International, Hyatt Hotels …” on November 03, 2017. Seekingalpha.com‘s news article titled: “Hilton Worldwide Holdings (HLT) CEO Chris Nassetta on Q3 2017 Results …” with publication date: October 26, 2017 was also an interesting one.

Hilton Worldwide Holdings Inc. is a hospitality company. The company has market cap of $23.40 billion. The Firm is engaged in owning, leasing, managing and franchising hotels and resorts. It has a 738.71 P/E ratio. The Company’s divisions include ownership, and management and franchise.

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