Hilton Grand Vacations Inc. (NYSE:HGV) Given Average Rating of “Hold” by Analysts

Hilton Grand Vacations Inc. (NYSE:HGV) has received an average rating of “Hold” from the eight brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $46.00.

HGV has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Saturday, March 1st. Truist Financial boosted their target price on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. JMP Securities reissued a “market outperform” rating and set a $50.00 target price on shares of Hilton Grand Vacations in a research report on Monday, May 5th. Barclays cut their target price on shares of Hilton Grand Vacations from $45.00 to $42.00 and set an “equal weight” rating for the company in a research report on Friday, May 2nd. Finally, The Goldman Sachs Group upped their price objective on shares of Hilton Grand Vacations from $30.00 to $34.00 and gave the company a “sell” rating in a research report on Friday, May 2nd.

Insiders Place Their Bets

In other news, insider Charles R. Jr. Corbin sold 51,000 shares of the stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $38.78, for a total transaction of $1,977,780.00. Following the sale, the insider now directly owns 60,270 shares of the company’s stock, valued at $2,337,270.60. This represents a 45.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On Hilton Grand Vacations

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Signaturefd LLC boosted its stake in Hilton Grand Vacations by 136.9% during the first quarter. Signaturefd LLC now owns 860 shares of the company’s stock worth $32,000 after acquiring an additional 497 shares in the last quarter. UMB Bank n.a. lifted its stake in shares of Hilton Grand Vacations by 106.8% in the first quarter. UMB Bank n.a. now owns 1,065 shares of the company’s stock valued at $40,000 after buying an additional 550 shares in the last quarter. State of Wyoming bought a new position in shares of Hilton Grand Vacations in the first quarter valued at $48,000. Covestor Ltd lifted its stake in shares of Hilton Grand Vacations by 432.4% in the fourth quarter. Covestor Ltd now owns 1,283 shares of the company’s stock valued at $50,000 after buying an additional 1,042 shares in the last quarter. Finally, Bayforest Capital Ltd bought a new position in shares of Hilton Grand Vacations in the first quarter valued at $73,000. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Hilton Grand Vacations Trading Up 2.0%

Shares of NYSE:HGV opened at $38.93 on Wednesday. The stock has a market capitalization of $3.57 billion, a PE ratio of 44.23, a P/E/G ratio of 2.20 and a beta of 1.60. Hilton Grand Vacations has a 1 year low of $30.59 and a 1 year high of $44.99. The firm has a fifty day moving average price of $36.68 and a 200 day moving average price of $39.00. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.40). The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.25 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company’s revenue for the quarter was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 earnings per share. Analysts expect that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, manages, and operates the resorts, plans and ancillary reservation services under the Hilton Grand Vacations brand. It operates through Real Estate Sales and Financing, and Resort Operations and Club Management segments. Real Estate Sales and Financing segment market and sells the VOIs, and source VOIs through fee-for-service agreements with third-party developers; and provides consumer financing and services loans.