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

Hilton Grand Vacations Inc. (NYSE:HGV) has received a consensus recommendation of “Hold” from the ten analysts that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $52.8750.

A number of equities research analysts have weighed in on the company. Truist Financial cut their target price on Hilton Grand Vacations from $62.00 to $59.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Weiss Ratings restated a “sell (d+)” rating on shares of Hilton Grand Vacations in a report on Monday, December 29th. Zacks Research raised Hilton Grand Vacations from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Wells Fargo & Company assumed coverage on shares of Hilton Grand Vacations in a research report on Tuesday, November 18th. They issued an “equal weight” rating and a $42.00 price target on the stock. Finally, Morgan Stanley restated an “equal weight” rating and set a $49.00 price objective on shares of Hilton Grand Vacations in a research report on Friday, January 16th.

Hilton Grand Vacations Stock Performance

Shares of HGV opened at $47.73 on Monday. The firm has a market capitalization of $4.08 billion, a PE ratio of 86.78, a P/E/G ratio of 1.03 and a beta of 1.48. The company has a quick ratio of 3.12, a current ratio of 5.02 and a debt-to-equity ratio of 4.67. The firm has a 50-day moving average price of $45.14 and a 200 day moving average price of $44.33. Hilton Grand Vacations has a 52-week low of $30.59 and a 52-week high of $52.08.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership lifted its position in shares of Hilton Grand Vacations by 489.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,582,535 shares of the company’s stock valued at $66,166,000 after acquiring an additional 1,314,117 shares during the last quarter. North Peak Capital Management LLC raised its position in shares of Hilton Grand Vacations by 11.3% during the second quarter. North Peak Capital Management LLC now owns 6,810,126 shares of the company’s stock worth $282,825,000 after purchasing an additional 693,495 shares during the period. Marshall Wace LLP lifted its holdings in shares of Hilton Grand Vacations by 142.6% during the third quarter. Marshall Wace LLP now owns 1,163,538 shares of the company’s stock valued at $48,648,000 after purchasing an additional 684,025 shares during the last quarter. UBS Group AG boosted its position in shares of Hilton Grand Vacations by 34.4% in the 3rd quarter. UBS Group AG now owns 2,258,391 shares of the company’s stock valued at $94,423,000 after purchasing an additional 577,772 shares during the period. Finally, Norges Bank acquired a new position in shares of Hilton Grand Vacations in the 2nd quarter valued at $23,163,000. Institutional investors and hedge funds own 97.23% of the company’s stock.

About Hilton Grand Vacations

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.