Nisa Investment Advisors LLC Sells 11,290 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Nisa Investment Advisors LLC lowered its holdings in Hilton Grand Vacations Inc. (NYSE:HGV) by 74.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,860 shares of the company’s stock after selling 11,290 shares during the period. Nisa Investment Advisors LLC’s holdings in Hilton Grand Vacations were worth $160,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. increased its holdings in Hilton Grand Vacations by 101.6% during the 2nd quarter. Sei Investments Co. now owns 325,310 shares of the company’s stock worth $13,465,000 after acquiring an additional 163,983 shares during the period. Swiss National Bank increased its holdings in Hilton Grand Vacations by 1.6% during the 2nd quarter. Swiss National Bank now owns 187,560 shares of the company’s stock worth $7,763,000 after acquiring an additional 2,900 shares during the period. Fifth Third Bancorp bought a new stake in Hilton Grand Vacations during the 2nd quarter worth approximately $219,000. American Century Companies Inc. increased its holdings in Hilton Grand Vacations by 434.9% during the 2nd quarter. American Century Companies Inc. now owns 58,826 shares of the company’s stock worth $2,435,000 after acquiring an additional 47,828 shares during the period. Finally, US Bancorp DE increased its holdings in Hilton Grand Vacations by 504.2% during the 2nd quarter. US Bancorp DE now owns 27,225 shares of the company’s stock worth $1,126,000 after acquiring an additional 22,719 shares during the period. 98.76% of the stock is currently owned by institutional investors.

Separately, Zacks Investment Research raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Thursday, August 19th.

HGV stock opened at $46.48 on Friday. The company has a debt-to-equity ratio of 7.78, a current ratio of 8.09 and a quick ratio of 6.48. Hilton Grand Vacations Inc. has a one year low of $19.68 and a one year high of $48.16. The stock has a market cap of $3.99 billion, a PE ratio of -24.86 and a beta of 2.28. The firm has a 50 day simple moving average of $41.47 and a two-hundred day simple moving average of $41.94.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, July 29th. The company reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.11). Hilton Grand Vacations had a positive return on equity of 14.76% and a negative net margin of 16.08%. The company had revenue of $334.00 million during the quarter, compared to analysts’ expectations of $272.15 million. On average, research analysts expect that Hilton Grand Vacations Inc. will post 1.18 EPS for the current fiscal year.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations, Inc engages in marketing and sale of vacation ownership interval and management of resorts in urban destinations. It operates through the Real Estate Sales and Financing; and Resort Operations and Club Management segments. The Real Estate Sales and Financing segment refers to the sale of vacation ownership intervals on behalf of third-party developers using the Hilton Grand Vacations brand in exchange for sales, marketing and brand fees, and the financing solutions.

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Institutional Ownership by Quarter for Hilton Grand Vacations (NYSE:HGV)

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