XTX Topco Ltd Sells 11,088 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

XTX Topco Ltd cut its holdings in Hilton Grand Vacations Inc. (NYSE:HGV) by 56.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,464 shares of the company’s stock after selling 11,088 shares during the period. XTX Topco Ltd’s holdings in Hilton Grand Vacations were worth $342,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of HGV. nVerses Capital LLC bought a new stake in Hilton Grand Vacations in the 2nd quarter valued at about $32,000. YHB Investment Advisors Inc. bought a new stake in shares of Hilton Grand Vacations in the first quarter valued at approximately $47,000. Ashton Thomas Private Wealth LLC bought a new position in Hilton Grand Vacations during the 2nd quarter worth $120,000. Benjamin Edwards Inc. raised its holdings in Hilton Grand Vacations by 46.0% in the 1st quarter. Benjamin Edwards Inc. now owns 3,193 shares of the company’s stock valued at $151,000 after acquiring an additional 1,006 shares in the last quarter. Finally, Waterway Wealth Management LLC bought a new stake in shares of Hilton Grand Vacations during the 1st quarter valued at $201,000. 97.23% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Truist Financial decreased their price target on Hilton Grand Vacations from $71.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. StockNews.com cut shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Monday, August 12th. JPMorgan Chase & Co. lowered shares of Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $55.00 to $36.00 in a research report on Friday, August 9th. The Goldman Sachs Group initiated coverage on Hilton Grand Vacations in a research note on Wednesday, September 18th. They set a “sell” rating and a $31.00 target price for the company. Finally, Barclays reduced their price objective on Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating on the stock in a research note on Friday, August 9th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $43.71.

Hilton Grand Vacations Trading Up 2.1 %

NYSE HGV opened at $37.87 on Friday. The company has a market cap of $3.93 billion, a price-to-earnings ratio of 17.86, a price-to-earnings-growth ratio of 2.32 and a beta of 1.83. Hilton Grand Vacations Inc. has a twelve month low of $33.13 and a twelve month high of $49.02. The company has a quick ratio of 2.97, a current ratio of 4.36 and a debt-to-equity ratio of 3.18. The business’s fifty day moving average is $38.30 and its 200 day moving average is $41.19.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.27). Hilton Grand Vacations had a net margin of 3.57% and a return on equity of 18.06%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the business posted $0.85 earnings per share. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. As a group, sell-side analysts expect that Hilton Grand Vacations Inc. will post 3.07 EPS for the current fiscal year.

About Hilton Grand Vacations

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.