Hilton Grand Vacations Inc. (NYSE:HGV) Given Average Recommendation of “Hold” by Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have been assigned an average recommendation of “Hold” from the ten brokerages that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $52.75.

Several research analysts have weighed in on the company. Morgan Stanley reissued an “overweight” rating and issued a $48.00 price objective on shares of Hilton Grand Vacations in a research report on Wednesday, October 22nd. Wells Fargo & Company started coverage on shares of Hilton Grand Vacations in a report on Tuesday, November 18th. They set an “equal weight” rating and a $42.00 price objective on the stock. Zacks Research lowered shares of Hilton Grand Vacations from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 23rd. Truist Financial reduced their target price on shares of Hilton Grand Vacations from $62.00 to $59.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Hilton Grand Vacations in a research report on Monday, December 15th.

Hilton Grand Vacations Trading Up 1.8%

NYSE:HGV opened at $45.44 on Friday. Hilton Grand Vacations has a 52 week low of $30.59 and a 52 week high of $52.08. The firm has a 50-day moving average price of $42.11 and a two-hundred day moving average price of $43.66. The company has a debt-to-equity ratio of 4.67, a quick ratio of 3.12 and a current ratio of 5.02. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 82.61, a price-to-earnings-growth ratio of 5.04 and a beta of 1.51.

Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Thursday, October 30th. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by ($0.41). The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Hilton Grand Vacations had a return on equity of 9.52% and a net margin of 1.06%.Hilton Grand Vacations’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.67 EPS. On average, equities analysts expect that Hilton Grand Vacations will post 3.39 earnings per share for the current fiscal year.

Insider Transactions at Hilton Grand Vacations

In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 30,426 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $41.81, for a total transaction of $1,272,111.06. Following the sale, the insider owned 60,270 shares in the company, valued at $2,519,888.70. This represents a 33.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 2.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Hilton Grand Vacations

Hedge funds have recently made changes to their positions in the stock. North Peak Capital Management LLC raised its stake in shares of Hilton Grand Vacations by 11.3% during the 2nd quarter. North Peak Capital Management LLC now owns 6,810,126 shares of the company’s stock valued at $282,825,000 after purchasing an additional 693,495 shares during the period. Vanguard Group Inc. grew its holdings in Hilton Grand Vacations by 7.3% during the 3rd quarter. Vanguard Group Inc. now owns 6,789,028 shares of the company’s stock valued at $283,849,000 after buying an additional 464,618 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Hilton Grand Vacations by 1.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,770,950 shares of the company’s stock valued at $157,675,000 after buying an additional 43,083 shares in the last quarter. Mudita Advisors LLP increased its position in shares of Hilton Grand Vacations by 8.8% during the third quarter. Mudita Advisors LLP now owns 2,333,146 shares of the company’s stock valued at $97,549,000 after buying an additional 189,286 shares during the period. Finally, UBS Group AG increased its holdings in Hilton Grand Vacations by 34.4% during the 3rd quarter. UBS Group AG now owns 2,258,391 shares of the company’s stock worth $94,423,000 after acquiring an additional 577,772 shares during the period. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Grand Vacations Company Profile

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.