Dimensional Fund Advisors LP Has $114.33 Million Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Dimensional Fund Advisors LP grew its stake in Hilton Grand Vacations Inc. (NYSE:HGV) by 21.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,935,231 shares of the company’s stock after purchasing an additional 512,362 shares during the period. Dimensional Fund Advisors LP’s holdings in Hilton Grand Vacations were worth $114,329,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Covestor Ltd grew its position in Hilton Grand Vacations by 432.4% during the fourth quarter. Covestor Ltd now owns 1,283 shares of the company’s stock worth $50,000 after buying an additional 1,042 shares in the last quarter. KBC Group NV lifted its position in shares of Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after acquiring an additional 889 shares during the period. Aigen Investment Management LP acquired a new stake in shares of Hilton Grand Vacations during the 4th quarter worth approximately $200,000. Crossmark Global Holdings Inc. bought a new stake in shares of Hilton Grand Vacations during the fourth quarter valued at approximately $204,000. Finally, FourThought Financial Partners LLC acquired a new position in shares of Hilton Grand Vacations in the fourth quarter valued at $232,000. Institutional investors own 97.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HGV. Truist Financial lifted their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. StockNews.com upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Saturday, March 1st. Mizuho increased their price target on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th. Morgan Stanley cut their price target on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Finally, The Goldman Sachs Group dropped their target price on Hilton Grand Vacations from $42.00 to $30.00 and set a “sell” rating for the company in a report on Monday, April 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $44.63.

Hilton Grand Vacations Price Performance

Shares of Hilton Grand Vacations stock opened at $34.46 on Friday. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 39.16, a P/E/G ratio of 2.20 and a beta of 1.68. The firm’s 50-day moving average price is $36.95 and its two-hundred day moving average price is $39.02. 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 Inc. has a 1-year low of $30.59 and a 1-year high of $45.00.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion. On average, equities analysts predict that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Hilton Grand Vacations 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.