There is a mixed sentiment around Hilton Worldwide Holdings (HLT) based on the recent updates. Bank of America Securities and Morgan Stanley gave a buy recommendation. Alyeska Investment Group, AXA, and Castlekeep Investment Advisors LLC have increased their holdings in HLT. However, the stock also witnessed an 11% decline over last week. Despite this drop, Hilton stocks hit an all-time high driven by the rising business travel demand.
Meanwhile, Hilton deleivered a strong Q1, with 503,400 rooms in pipeline and $927M returned to shareholders. The CEO confirmed that the company has outperformed the consumer discretionary sector. Moreover, Q4 earnings & revenue beat expectations leading to increasing stocks.
Yet, companies such as Goldman Sachs downgraded Hyatt, Hilton, and Marriott based on weaker hotel outlook. There are warnings of leisure travel slowdown. Broad Run Investment Management LLC also sold their Hilton shares, indicating a lack of confidence.
Though Hilton increased its stock buyback program by $3.5 billion, the overall valuation seems stretched compared to pre-COVID earnings trajectory.
Hilton Stocks HLT News Analytics from Wed, 05 Aug 2009 00:18:25 GMT to Sat, 10 May 2025 08:39:14 GMT - Rating 0 - Innovation 0 - Information 5 - Rumor -1
