Hilton Grand Vacations Inc. (NYSE:HGV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Hilton Grand Vacations Inc. (NYSE:HGV) has been given an average rating of “Moderate Buy” by the six brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $45.83.

A number of brokerages have recently issued reports on HGV. StockNews.com cut Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Jefferies Financial Group cut Hilton Grand Vacations from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $55.00 to $35.00 in a report on Friday, August 9th. Barclays reduced their price objective on Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating for the company in a report on Friday, August 9th. JPMorgan Chase & Co. cut Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $55.00 to $36.00 in a report on Friday, August 9th. Finally, Mizuho reduced their price objective on Hilton Grand Vacations from $63.00 to $57.00 and set an “outperform” rating for the company in a report on Friday, August 9th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HGV. Choreo LLC acquired a new stake in Hilton Grand Vacations in the fourth quarter valued at $201,000. Victory Capital Management Inc. increased its stake in shares of Hilton Grand Vacations by 21.3% in the fourth quarter. Victory Capital Management Inc. now owns 15,931 shares of the company’s stock valued at $640,000 after buying an additional 2,793 shares during the period. Savoir Faire Capital Management L.P. raised its position in shares of Hilton Grand Vacations by 3.4% during the fourth quarter. Savoir Faire Capital Management L.P. now owns 27,197 shares of the company’s stock worth $1,093,000 after acquiring an additional 898 shares during the last quarter. Jump Financial LLC acquired a new position in shares of Hilton Grand Vacations in the fourth quarter worth approximately $1,334,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Hilton Grand Vacations by 17.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,763,168 shares of the company’s stock worth $70,847,000 after acquiring an additional 267,567 shares during the period. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Price Performance

NYSE:HGV opened at $36.48 on Monday. The company has a debt-to-equity ratio of 3.18, a quick ratio of 2.97 and a current ratio of 4.36. The stock’s 50-day simple moving average is $39.43 and its 200 day simple moving average is $42.09. The company has a market cap of $3.78 billion, a P/E ratio of 17.21, a P/E/G ratio of 1.94 and a beta of 1.83. Hilton Grand Vacations has a 52-week low of $33.13 and a 52-week high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.27). Hilton Grand Vacations had a return on equity of 18.06% and a net margin of 3.57%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the business posted $0.85 EPS. The company’s revenue for the quarter was up 22.6% on a year-over-year basis. As a group, sell-side analysts forecast that Hilton Grand Vacations will post 3.37 EPS for the current fiscal year.

About Hilton Grand Vacations

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.