Hilton Grand Vacations Inc. (NYSE:HGV) Receives $45.75 Average Target Price from Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have received a consensus rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $45.75.

Several research firms have weighed in on HGV. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Saturday, March 1st. Mizuho upped their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, February 28th. Morgan Stanley assumed coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price target for the company. The Goldman Sachs Group cut their price objective on Hilton Grand Vacations from $42.00 to $30.00 and set a “sell” rating on the stock in a report on Monday. Finally, Barclays lifted their target price on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th.

Institutional Trading of Hilton Grand Vacations

Institutional investors have recently modified their holdings of the stock. FNY Investment Advisers LLC purchased a new position in shares of Hilton Grand Vacations during the first quarter worth approximately $73,000. Fifth Third Bancorp increased its stake in Hilton Grand Vacations by 8.8% in the first quarter. Fifth Third Bancorp now owns 4,489 shares of the company’s stock valued at $168,000 after purchasing an additional 364 shares during the period. Assenagon Asset Management S.A. raised its holdings in shares of Hilton Grand Vacations by 262.8% in the first quarter. Assenagon Asset Management S.A. now owns 50,342 shares of the company’s stock valued at $1,883,000 after buying an additional 36,465 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Hilton Grand Vacations by 106.8% in the first quarter. UMB Bank n.a. now owns 1,065 shares of the company’s stock valued at $40,000 after buying an additional 550 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in shares of Hilton Grand Vacations by 1.2% during the first quarter. Rhumbline Advisers now owns 213,288 shares of the company’s stock worth $7,979,000 after buying an additional 2,438 shares during the period. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Up 0.9 %

Shares of NYSE:HGV opened at $33.16 on Tuesday. The business’s 50 day moving average is $37.99 and its 200 day moving average is $39.09. The stock has a market cap of $3.14 billion, a P/E ratio of 37.69, a price-to-earnings-growth ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations has a 52-week low of $30.59 and a 52-week high of $45.48. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings results 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). 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 during the quarter, compared to analysts’ expectations of $1.28 billion. Sell-side analysts predict that Hilton Grand Vacations will post 3.39 EPS for the current year.

Hilton Grand Vacations Company 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.