Tower Research Capital LLC TRC Grows Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Tower Research Capital LLC TRC grew its stake in Hilton Grand Vacations Inc. (NYSE:HGV) by 7.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,141 shares of the company’s stock after buying an additional 869 shares during the period. Tower Research Capital LLC TRC’s holdings in Hilton Grand Vacations were worth $512,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HGV. Covestor Ltd grew its stake in Hilton Grand Vacations by 432.4% in the 4th 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 boosted its position in Hilton Grand Vacations by 41.2% during the fourth quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after buying an additional 889 shares during the period. Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations during the fourth quarter valued at about $200,000. Crossmark Global Holdings Inc. bought a new position in shares of Hilton Grand Vacations during the fourth quarter valued at about $204,000. Finally, FourThought Financial Partners LLC bought a new position in shares of Hilton Grand Vacations during the fourth quarter valued at about $232,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Performance

Hilton Grand Vacations stock opened at $34.22 on Tuesday. The stock’s 50 day simple moving average is $36.77 and its two-hundred day simple moving average is $39.04. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 38.89, a PEG ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a fifty-two week low of $30.59 and a fifty-two week high of $45.00.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.40). The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. As a group, analysts expect that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Morgan Stanley reduced their price objective on Hilton Grand Vacations from $46.00 to $38.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 22nd. Barclays raised their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Mizuho raised their price objective on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, February 28th. The Goldman Sachs Group reduced their price objective on Hilton Grand Vacations from $42.00 to $30.00 and set a “sell” rating on the stock in a research note on Monday, April 14th. Finally, Truist Financial raised their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, March 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $44.63.

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.