Hilton Grand Vacations Inc (NYSE:HGV) has been assigned a consensus rating of “Buy” from the nine research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $38.25.

Separately, Zacks Investment Research cut shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th.

Hilton Grand Vacations (NYSE:HGV) traded down $0.66 on Thursday, hitting $41.41. 338,995 shares of the stock traded hands, compared to its average volume of 695,610. The company has a debt-to-equity ratio of 3.29, a current ratio of 4.50 and a quick ratio of 3.39. Hilton Grand Vacations has a 1 year low of $24.60 and a 1 year high of $43.19. The stock has a market capitalization of $4,170.00 and a PE ratio of 23.17.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings data on Wednesday, November 1st. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.01. Hilton Grand Vacations had a net margin of 10.84% and a return on equity of 72.15%. The firm had revenue of $426.00 million during the quarter, compared to analysts’ expectations of $435.83 million. During the same period in the previous year, the company earned $0.35 earnings per share. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. equities analysts predict that Hilton Grand Vacations will post 1.96 earnings per share for the current year.

A number of hedge funds have recently made changes to their positions in HGV. Alliancebernstein L.P. increased its holdings in Hilton Grand Vacations by 7,430.7% during the second quarter. Alliancebernstein L.P. now owns 2,245,594 shares of the company’s stock valued at $80,976,000 after buying an additional 2,215,775 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Hilton Grand Vacations by 1,127.9% during the second quarter. Wells Fargo & Company MN now owns 1,824,671 shares of the company’s stock valued at $65,798,000 after buying an additional 1,676,070 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Hilton Grand Vacations by 138.9% during the second quarter. Principal Financial Group Inc. now owns 1,559,415 shares of the company’s stock valued at $56,233,000 after buying an additional 906,791 shares during the last quarter. Balyasny Asset Management LLC increased its holdings in Hilton Grand Vacations by 184.8% during the second quarter. Balyasny Asset Management LLC now owns 1,248,638 shares of the company’s stock valued at $45,026,000 after buying an additional 810,222 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Hilton Grand Vacations by 17.5% in the second quarter. Vanguard Group Inc. now owns 5,285,950 shares of the company’s stock worth $190,611,000 after purchasing an additional 788,628 shares during the period. 99.35% of the stock is owned by institutional investors and hedge funds.

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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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