Hilton Grand Vacations Inc. (NYSE:HGV) has earned an average recommendation of “Buy” from the nine research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $38.25.

A number of brokerages have weighed in on HGV. Zacks Investment Research downgraded Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Instinet reiterated a “buy” rating and issued a $45.00 price target (up from $44.00) on shares of Hilton Grand Vacations in a report on Thursday, August 3rd. Finally, Nomura lifted their price target on Hilton Grand Vacations from $44.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, August 3rd.

Shares of Hilton Grand Vacations (NYSE:HGV) traded up 0.03% during mid-day trading on Wednesday, hitting $39.87. 517,550 shares of the stock were exchanged. The stock’s 50 day moving average price is $38.28 and its 200-day moving average price is $36.08. Hilton Grand Vacations has a 12-month low of $24.60 and a 12-month high of $40.43. The stock has a market capitalization of $3.95 billion and a P/E ratio of 22.69.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.06. The business had revenue of $439.00 million for the quarter, compared to the consensus estimate of $413.33 million. Hilton Grand Vacations’s quarterly revenue was up 12.3% on a year-over-year basis. On average, equities research analysts expect that Hilton Grand Vacations will post $1.94 EPS for the current fiscal year.

In related news, Director David William Johnson acquired 28,000 shares of the firm’s stock in a transaction dated Thursday, August 17th. The stock was acquired at an average price of $35.16 per share, with a total value of $984,480.00. Following the acquisition, the director now directly owns 33,000 shares in the company, valued at approximately $1,160,280. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.46% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HGV. Gateway Investment Advisers LLC increased its stake in Hilton Grand Vacations by 220.5% during the 2nd quarter. Gateway Investment Advisers LLC now owns 89,482 shares of the company’s stock worth $3,227,000 after buying an additional 61,562 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Hilton Grand Vacations by 129.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,200 shares of the company’s stock worth $223,000 after buying an additional 3,500 shares in the last quarter. First Quadrant L P CA purchased a new stake in Hilton Grand Vacations during the 2nd quarter worth approximately $2,911,000. Highland Capital Management LLC purchased a new stake in Hilton Grand Vacations during the 2nd quarter worth approximately $914,000. Finally, Acadian Asset Management LLC purchased a new stake in Hilton Grand Vacations during the 2nd quarter worth approximately $625,000. 97.84% of the stock is owned by institutional investors.

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About Hilton Grand Vacations

Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.

Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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