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

Hilton Grand Vacations Inc. (NYSE:HGV) has earned a consensus rating of “Hold” from the eleven analysts that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $52.3333.

Several equities analysts recently commented on HGV shares. Morgan Stanley reiterated an “equal weight” rating and set a $49.00 price target on shares of Hilton Grand Vacations in a report on Friday, January 16th. Mizuho decreased their price objective on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating for the company in a research note on Friday, February 27th. Weiss Ratings upgraded Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 17th. Barclays reduced their price target on Hilton Grand Vacations from $49.00 to $48.00 and set an “equal weight” rating on the stock in a report on Monday, March 2nd. Finally, Jefferies Financial Group boosted their price objective on Hilton Grand Vacations from $46.00 to $50.00 and gave the company a “hold” rating in a report on Monday, March 2nd.

Hilton Grand Vacations Stock Down 0.6%

Shares of HGV opened at $37.64 on Tuesday. The company has a quick ratio of 3.17, a current ratio of 5.20 and a debt-to-equity ratio of 5.04. The business has a fifty day moving average of $44.49 and a 200 day moving average of $43.73. The company has a market cap of $3.06 billion, a PE ratio of 41.37, a P/E/G ratio of 0.52 and a beta of 1.43. Hilton Grand Vacations has a 52-week low of $30.59 and a 52-week high of $52.08.

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

Institutional Trading of Hilton Grand Vacations

Large investors have recently made changes to their positions in the stock. Bard Associates Inc. bought a new position in shares of Hilton Grand Vacations in the fourth quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its holdings in Hilton Grand Vacations by 743.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 641 shares of the company’s stock valued at $27,000 after buying an additional 565 shares in the last quarter. GAMMA Investing LLC boosted its position in Hilton Grand Vacations by 60.6% in the 4th 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 Hilton Grand Vacations in the 4th quarter valued at about $44,000. Finally, Quarry LP bought a new position in Hilton Grand Vacations in the 3rd quarter worth about $44,000. 97.23% of the stock is owned by hedge funds and other institutional investors.

Hilton Grand Vacations Company Profile

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.