Yousif Capital Management LLC Sells 1,813 Shares of Hilton Grand Vacations Inc. $HGV

Yousif Capital Management LLC lessened its stake in Hilton Grand Vacations Inc. (NYSE:HGV) by 8.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 19,519 shares of the company’s stock after selling 1,813 shares during the period. Yousif Capital Management LLC’s holdings in Hilton Grand Vacations were worth $811,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. CWM LLC grew its position in shares of Hilton Grand Vacations by 69.8% in the 2nd quarter. CWM LLC now owns 1,277 shares of the company’s stock valued at $53,000 after buying an additional 525 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Hilton Grand Vacations by 94.6% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 12,513 shares of the company’s stock valued at $520,000 after purchasing an additional 6,082 shares during the period. Voya Investment Management LLC lifted its stake in shares of Hilton Grand Vacations by 24.1% in the 1st quarter. Voya Investment Management LLC now owns 79,487 shares of the company’s stock valued at $2,974,000 after purchasing an additional 15,417 shares during the period. Rhumbline Advisers lifted its stake in shares of Hilton Grand Vacations by 1.2% in the 1st quarter. Rhumbline Advisers now owns 213,288 shares of the company’s stock valued at $7,979,000 after purchasing an additional 2,438 shares during the period. Finally, Intech Investment Management LLC lifted its stake in shares of Hilton Grand Vacations by 24.5% in the 1st quarter. Intech Investment Management LLC now owns 43,541 shares of the company’s stock valued at $1,629,000 after purchasing an additional 8,567 shares during the period. Institutional investors own 97.23% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group reissued a “sell” rating and issued a $39.00 price objective on shares of Hilton Grand Vacations in a research note on Friday, August 1st. Mizuho boosted their price objective on Hilton Grand Vacations from $73.00 to $76.00 and gave the company an “outperform” rating in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $59.00 price objective on Hilton Grand Vacations and gave the company a “buy” rating in a research note on Monday, August 4th. Morgan Stanley reissued an “overweight” rating and issued a $48.00 price objective on shares of Hilton Grand Vacations in a research note on Wednesday. Finally, Barclays boosted their price objective on Hilton Grand Vacations from $42.00 to $49.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Hilton Grand Vacations has a consensus rating of “Moderate Buy” and an average price target of $54.71.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock opened at $46.12 on Thursday. The company has a market cap of $4.11 billion, a PE ratio of 83.86, a price-to-earnings-growth ratio of 3.91 and a beta of 1.65. Hilton Grand Vacations Inc. has a 52 week low of $30.59 and a 52 week high of $52.08. The business has a 50 day moving average price of $44.62 and a 200-day moving average price of $42.08. The company has a quick ratio of 2.77, a current ratio of 4.43 and a debt-to-equity ratio of 4.31.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.24). The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Hilton Grand Vacations had a return on equity of 9.71% and a net margin of 1.14%.The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the company earned $0.62 earnings per share. Equities analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Hilton Grand Vacations declared that its board has initiated a stock repurchase plan on Wednesday, August 13th that allows the company to repurchase $0.00 in shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In other news, insider Mark D. Wang sold 46,364 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $47.34, for a total value of $2,194,871.76. Following the completion of the transaction, the insider directly owned 801,681 shares of the company’s stock, valued at $37,951,578.54. This represents a 5.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.30% of the stock is currently owned by corporate insiders.

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.