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

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have been given a consensus recommendation of “Hold” by the eleven research firms that are covering the stock, MarketBeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $56.8889.

HGV has been the subject of several recent analyst reports. Mizuho reduced their target price on Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group raised Hilton Grand Vacations from a “sell” rating to a “neutral” rating and set a $55.00 price target for the company in a research report on Monday, June 1st. Wall Street Zen raised Hilton Grand Vacations from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Wells Fargo & Company decreased their price target on Hilton Grand Vacations from $49.00 to $47.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hilton Grand Vacations in a research report on Friday, May 29th.

Insider Buying and Selling

In related news, insider Carlos Hernandez sold 5,595 shares of the business’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $46.69, for a total value of $261,230.55. Following the transaction, the insider directly owned 14,080 shares of the company’s stock, valued at approximately $657,395.20. The trade was a 28.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Charles R. Jr. Corbin sold 32,907 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $47.66, for a total transaction of $1,568,347.62. Following the completion of the transaction, the insider directly owned 68,615 shares in the company, valued at $3,270,190.90. This trade represents a 32.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 229,315 shares of company stock valued at $11,738,497. 3.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Hilton Grand Vacations

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp raised its stake in Hilton Grand Vacations by 5.7% in the 4th quarter. Fifth Third Bancorp now owns 4,449 shares of the company’s stock valued at $199,000 after acquiring an additional 238 shares during the period. Quadrant Capital Group LLC raised its stake in Hilton Grand Vacations by 13.2% in the 4th quarter. Quadrant Capital Group LLC now owns 2,501 shares of the company’s stock valued at $112,000 after acquiring an additional 291 shares during the period. GAMMA Investing LLC raised its stake 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 acquiring an additional 349 shares during the period. Oregon Public Employees Retirement Fund raised its stake in Hilton Grand Vacations by 3.4% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,322 shares of the company’s stock valued at $482,000 after acquiring an additional 400 shares during the period. Finally, Leonteq Securities AG raised its stake in Hilton Grand Vacations by 189.7% in the 1st quarter. Leonteq Securities AG now owns 672 shares of the company’s stock valued at $26,000 after acquiring an additional 440 shares during the period. 97.23% of the stock is owned by hedge funds and other institutional investors.

Hilton Grand Vacations Price Performance

HGV opened at $52.70 on Friday. The company has a debt-to-equity ratio of 5.41, a current ratio of 4.33 and a quick ratio of 2.64. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 28.18, a P/E/G ratio of 0.46 and a beta of 1.50. The firm’s fifty day moving average price is $48.18 and its two-hundred day moving average price is $45.73. Hilton Grand Vacations has a 1 year low of $36.79 and a 1 year high of $53.82.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.43. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.27 billion. Hilton Grand Vacations had a net margin of 3.16% and a return on equity of 17.62%. The business’s revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.09 EPS. As a group, analysts anticipate that Hilton Grand Vacations will post 5.11 earnings per share for the current fiscal year.

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.