Hilton Grand Vacations (NYSE:HGV) Upgraded at Wall Street Zen

Hilton Grand Vacations (NYSE:HGV) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

A number of other brokerages have also recently commented on HGV. Jefferies Financial Group upped their price target on Hilton Grand Vacations from $46.00 to $50.00 and gave the company a “hold” rating in a research report on Monday, March 2nd. Zacks Research cut Hilton Grand Vacations from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Morgan Stanley reaffirmed an “equal weight” rating and set a $49.00 price objective on shares of Hilton Grand Vacations in a report on Friday, January 16th. Barclays cut their target price on shares of Hilton Grand Vacations from $49.00 to $48.00 and set an “equal weight” rating for the company in a research report on Monday, March 2nd. Finally, Citizens Jmp lifted their target price on shares of Hilton Grand Vacations from $50.00 to $55.00 and gave the stock a “market outperform” rating in a research note on Monday, March 9th. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $52.33.

Hilton Grand Vacations Trading Down 6.2%

NYSE:HGV opened at $37.86 on Friday. Hilton Grand Vacations has a 12 month low of $30.59 and a 12 month high of $52.08. The company has a current ratio of 5.20, a quick ratio of 3.17 and a debt-to-equity ratio of 5.04. The firm’s 50 day moving average is $44.67 and its 200 day moving average is $43.83. The stock has a market capitalization of $3.08 billion, a PE ratio of 41.60, a price-to-earnings-growth ratio of 0.55 and a beta of 1.43.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.17). Hilton Grand Vacations had a net margin of 1.60% and a return on equity of 11.90%. The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the company posted $0.49 earnings per share. Hilton Grand Vacations’s revenue for the quarter was up 3.8% on a year-over-year basis. Sell-side analysts expect that Hilton Grand Vacations will post 3.39 earnings per share for the current year.

Institutional Trading of Hilton Grand Vacations

A number of institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake in Hilton Grand Vacations by 743.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 641 shares of the company’s stock worth $27,000 after purchasing an additional 565 shares during the period. Bard Associates Inc. bought a new stake in shares of Hilton Grand Vacations during the fourth quarter valued at about $29,000. GAMMA Investing LLC increased its position in shares of Hilton Grand Vacations by 60.6% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the company’s stock valued at $41,000 after buying an additional 349 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of Hilton Grand Vacations in the fourth quarter worth about $44,000. Finally, Quarry LP bought a new position in shares of Hilton Grand Vacations in the third quarter valued at approximately $44,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

About Hilton Grand Vacations

Hilton Grand Vacations Inc is a leading developer and marketer of premium vacation ownership resorts. The company specializes in selling timeshare interests in vacation properties under the Hilton Grand Vacations brand, enabling members to purchase deeded real estate interests and utilize a points-based system for booking stays. Alongside new sales, the company provides ongoing management services for its portfolio of resorts, ensuring high standards of guest services, resort maintenance, and member engagement through its proprietary technology platform.

In addition to vacation ownership sales, Hilton Grand Vacations offers a comprehensive suite of membership benefits.