Vanguard Group Inc. Lowers Position in Hilton Grand Vacations Inc. $HGV

Vanguard Group Inc. lessened its stake in Hilton Grand Vacations Inc. (NYSE:HGV) by 8.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,229,612 shares of the company’s stock after selling 559,416 shares during the quarter. Vanguard Group Inc. owned approximately 0.07% of Hilton Grand Vacations worth $278,775,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in Hilton Grand Vacations by 743.4% in the second 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 last quarter. GAMMA Investing LLC increased its position in Hilton Grand Vacations by 60.6% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the company’s stock worth $41,000 after purchasing an additional 349 shares during the last quarter. Quarry LP bought a new stake in Hilton Grand Vacations in the third quarter worth $44,000. State of Wyoming bought a new stake in Hilton Grand Vacations in the third quarter worth $56,000. Finally, Quadrant Capital Group LLC bought a new stake in Hilton Grand Vacations in the third quarter worth $92,000. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Trading Up 0.0%

HGV stock opened at $48.63 on Friday. The company has a quick ratio of 2.64, a current ratio of 4.33 and a debt-to-equity ratio of 5.41. Hilton Grand Vacations Inc. has a twelve month low of $36.79 and a twelve month high of $52.08. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 26.00, a price-to-earnings-growth ratio of 0.58 and a beta of 1.49. The firm’s fifty day simple moving average is $43.88 and its two-hundred day simple moving average is $44.07.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.43. Hilton Grand Vacations had a net margin of 3.16% and a return on equity of 17.62%. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the business posted $0.09 earnings per share. The business’s revenue was up 11.9% compared to the same quarter last year. As a group, analysts anticipate that Hilton Grand Vacations Inc. will post 3.83 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on HGV shares. Morgan Stanley boosted their price target on shares of Hilton Grand Vacations from $49.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Friday, April 10th. Weiss Ratings upgraded shares of Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 17th. Mizuho reduced their price target on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Barclays boosted their price target on shares of Hilton Grand Vacations from $48.00 to $51.00 and gave the stock an “equal weight” rating in a research report on Friday, May 1st. Finally, Citizens Jmp boosted their price objective on shares of Hilton Grand Vacations from $50.00 to $55.00 and gave the company a “market outperform” rating in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $53.89.

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.