Hilton Grand Vacations Inc. (NYSE:HGV) Stock Position Raised by UMB Bank n.a.

UMB Bank n.a. boosted its stake in Hilton Grand Vacations Inc. (NYSE:HGV) by 106.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,065 shares of the company’s stock after buying an additional 550 shares during the period. UMB Bank n.a.’s holdings in Hilton Grand Vacations were worth $40,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of HGV. Amalgamated Bank lifted its holdings in shares of Hilton Grand Vacations by 0.9% in the fourth quarter. Amalgamated Bank now owns 28,884 shares of the company’s stock valued at $1,125,000 after buying an additional 263 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Hilton Grand Vacations by 0.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,689 shares of the company’s stock valued at $1,585,000 after purchasing an additional 303 shares in the last quarter. Bank of Montreal Can increased its stake in shares of Hilton Grand Vacations by 5.1% in the fourth quarter. Bank of Montreal Can now owns 7,447 shares of the company’s stock worth $290,000 after acquiring an additional 361 shares during the last quarter. Tower Research Capital LLC TRC increased its position in Hilton Grand Vacations by 7.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 13,141 shares of the company’s stock worth $512,000 after purchasing an additional 869 shares during the last quarter. Finally, Covestor Ltd raised 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 valued at $50,000 after acquiring an additional 1,042 shares in the last quarter. 97.23% of the stock is currently owned by institutional investors.

Insider Activity at Hilton Grand Vacations

In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 51,000 shares of Hilton Grand Vacations stock in a transaction on Friday, May 9th. The shares were sold at an average price of $38.78, for a total transaction of $1,977,780.00. Following the transaction, the insider now directly owns 60,270 shares of the company’s stock, valued at $2,337,270.60. The trade was a 45.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.30% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on HGV shares. Truist Financial upped their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a report on Friday, March 7th. JMP Securities restated a “market outperform” rating and set a $50.00 target price on shares of Hilton Grand Vacations in a research note on Monday, May 5th. Barclays lowered their target price on Hilton Grand Vacations from $45.00 to $42.00 and set an “equal weight” rating on the stock in a report on Friday, May 2nd. Wall Street Zen upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Saturday, March 1st. Finally, Mizuho raised their price objective on shares of Hilton Grand Vacations from $60.00 to $70.00 and gave the stock an “outperform” rating in a research note on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $46.00.

Hilton Grand Vacations Price Performance

Shares of HGV opened at $38.24 on Friday. The firm has a market capitalization of $3.51 billion, a PE ratio of 43.46, a PEG ratio of 2.20 and a beta of 1.63. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. Hilton Grand Vacations Inc. has a fifty-two week low of $30.59 and a fifty-two week high of $44.99. The company’s 50-day moving average is $37.36 and its 200-day moving average is $38.89.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.40). The firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.25 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. During the same period in the prior year, the company earned $0.95 EPS. The company’s revenue for the quarter was down .7% compared to the same quarter last year. Equities analysts forecast that Hilton Grand Vacations Inc. will post 3.39 EPS for the current 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.