Hilton Grand Vacations Inc (HGV) Given Consensus Recommendation of “Buy” by Brokerages

Hilton Grand Vacations Inc (NYSE:HGV) has been assigned a consensus recommendation of “Buy” from the eight research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 12 month price target among analysts that have covered the stock in the last year is $41.40.

A number of equities analysts recently issued reports on the stock. ValuEngine raised shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating in a research report on Friday. Zacks Investment Research raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Monday, November 6th. Finally, Macquarie assumed coverage on shares of Hilton Grand Vacations in a research report on Friday, January 5th. They set a “neutral” rating on the stock.

Hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its stake in Hilton Grand Vacations by 28.1% during the fourth quarter. Victory Capital Management Inc. now owns 768,695 shares of the company’s stock worth $32,247,000 after buying an additional 168,660 shares in the last quarter. Highland Capital Management LLC boosted its stake in Hilton Grand Vacations by 35.0% during the fourth quarter. Highland Capital Management LLC now owns 14,559 shares of the company’s stock worth $611,000 after buying an additional 3,775 shares in the last quarter. First Quadrant L P CA boosted its stake in Hilton Grand Vacations by 42.1% during the fourth quarter. First Quadrant L P CA now owns 379,243 shares of the company’s stock worth $15,909,000 after buying an additional 112,308 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in Hilton Grand Vacations during the fourth quarter worth $226,000. Finally, Acadian Asset Management LLC acquired a new stake in Hilton Grand Vacations during the fourth quarter worth $408,000. 99.47% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hilton Grand Vacations (NYSE HGV) traded down $1.19 during mid-day trading on Friday, reaching $44.05. 714,796 shares of the company were exchanged, compared to its average volume of 550,995. Hilton Grand Vacations has a fifty-two week low of $27.92 and a fifty-two week high of $45.87. The company has a market capitalization of $4,456.03 and a price-to-earnings ratio of 24.07. 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 (NYSE:HGV) last announced its earnings results on Wednesday, November 1st. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $426.00 million for the quarter, compared to analyst estimates of $435.83 million. During the same quarter in the previous year, the firm posted $0.35 earnings per share. Hilton Grand Vacations’s revenue was up 4.7% compared to the same quarter last year. equities analysts anticipate that Hilton Grand Vacations will post 1.96 EPS for the current fiscal year.

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Hilton Grand Vacations Company Profile

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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