HILTON WORLDWIDE Authorizes $2.5b Stock Repurchase

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HILTON ($NYSE:HLT): The company recently announced that its board of directors has authorized a stock repurchase program of up to $2.5 billion. This repurchase authorization comes in addition to the $1 billion that was authorized under the previous program. The board’s decision to authorize this additional repurchase demonstrates confidence in the company’s long-term prospects and its ability to generate strong cash flow.

The repurchase program will be funded with cash on hand and proceeds from the recently announced sale of the Waldorf Astoria New York. “We believe that the current market conditions present an attractive opportunity to repurchase our shares at a discount to our intrinsic value.

Price History

Hilton Worldwide Holdings Inc. (HLT) authorized a $2.5 billion stock repurchase on Monday. The hotel operator said the move was part of its ongoing effort to return capital to shareholders. Hilton’s stock opened at $140.0 and closed at $138.8, down by 1.3% from its prior closing price of $140.6.

In recent years, Hilton has been aggressively returning capital to shareholders through share repurchases and dividend payments. The company’s brands include Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, and Hampton by Hilton.

VI Analysis

HILTON WORLDWIDE is a high risk investment in terms of financial and business aspects, according to the VI Risk Rating. The app has detected 2 risk warnings in income sheet, balance sheet.

VI Peers

Hilton Worldwide Holdings Inc. is a hospitality company that owns, leases, manages, develops, and franchises hotels and resorts. The company operates in more than 90 countries and has more than 4,800 properties. Hilton Worldwide is the largest hotel company in the world, with more than 2,800 hotels and resorts in more than 90 countries. The company’s brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Hilton Grand Vacations, Homewood Suites by Hilton, Home2 Suites by Hilton, and Tru by Hilton.

Choice Hotels International Inc. is a hospitality company that franchises hotels and resorts. The company operates in more than 35 countries and has more than 6,800 properties. Choice Hotels’ brands include Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Cambria hotels & suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, and Rodeway Inn.

Wyndham Hotels & Resorts Inc. is a hospitality company that franchises hotels and resorts. The company operates in more than 80 countries and has more than 9,000 properties. Wyndham’s brands include Wyndham Hotels and Resorts, Wyndham Grand, Wyndham Garden, Wyndham Rewards, Dolce Hotels and Resorts, Esplendor Boutique Hotels, TRYP by Wyndham, Wingate by Wyndham, Hawthorn Suites by Wyndham, microtel by Wyndham, Ramada Worldwide, Days Inn by Wyndham, Super 8 by Wyndham, Howard Johnson, Travelodge by Wyndham, Knights Inn by Wyndham, Planet Hollywood Hotels, and Baymont Inn & Suites.

Marriott International Inc. is a hospitality company that franchises hotels and resorts. The company operates in more than 70 countries and has more than 5,700 properties. Marriott’s brands include Marriott Hotels, Sheraton Hotels and Resorts, Westin Hotels and Resorts, Le Méridien Hotels and Resorts, Renaissance Hotels, Autograph Collection Hotels, Tribute Portfolio Hotels, Design Hotels, Courtyard by Marriott, Fairfield Inn & Suites by Marriott, SpringHill Suites by Marriott, Residence Inn by Marriott, TownePlace Suites by Marriott, Marriott Executive Apartments, Marriott Vacation Club International, and The Ritz-Carlton Hotel Company.

– Choice Hotels International Inc ($NYSE:CHH)

Choice Hotels International, Inc. is a hospitality franchisor company based in the United States. The company owns several hotel brands, including Comfort Inn, Cambria Hotels, Quality Inn, Sleep Inn, Clarion, MainStay Suites, Econo Lodge, Rodeway Inn, and Ascend Hotel Collection. The company also has a vacation rental division, which operates under the Vacation Rentals by Choice Hotels brand. As of December 31, 2020, Choice Hotels International franchised 7,006 properties in 40 countries and territories worldwide.

The company has a market cap of $6.88 billion and a return on equity of 87.46%. Choice Hotels International is a leading franchisor of hotels in the United States. The company’s hotel brands are well-known and offer a variety of accommodations to meet the needs of business and leisure travelers. Choice Hotels International is a publicly traded company listed on the New York Stock Exchange.

– Wyndham Hotels & Resorts Inc ($NYSE:WH)

Wyndham Hotels & Resorts is one of the largest hotel companies in the world, offering a wide variety of accommodations and services under its 20 hotel brands. The company has over 8,000 properties in more than 80 countries and employs over 25,000 people. Wyndham’s market cap is $6.29 billion and its ROE is 30.65%. The company’s brands include Wyndham Grand, Wyndham, Ramada, Days Inn, Super 8, Howard Johnson, Travelodge, and Knights Inn.

– Marriott International Inc ($NASDAQ:MAR)

Marriott International Inc. is a leading hospitality company with more than 6,700 properties in 130 countries and territories. Founded in 1927, Marriott has a long history of providing outstanding service and accommodations to guests around the world. The company’s market cap is 48.68B as of 2022 and its ROE is 116.05%. Marriott is dedicated to providing an exceptional experience for every guest, every time.

Summary

Investing in HILTON WORLDWIDE can be a smart move for many reasons. The company has a strong global presence, with properties in many sought-after locations. Hilton also has a strong brand that is recognized and respected by travelers.

Hilton’s stock has been on the rise in recent years, as the company has posted strong financial results. Investors who are looking for a well-established company with a strong brand and solid financials may want to consider investing in Hilton.