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

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have received an average rating of “Hold” from the eight analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $44.00.

Several analysts have recently issued reports on the company. The Goldman Sachs Group increased their price objective on Hilton Grand Vacations from $33.00 to $37.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. JMP Securities reduced their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research report on Wednesday, December 18th. StockNews.com raised Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Truist Financial reduced their target price on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating on the stock in a report on Tuesday, November 26th. Finally, Mizuho lowered their price target on shares of Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating for the company in a report on Tuesday, November 12th.

Hilton Grand Vacations Stock Performance

NYSE HGV opened at $41.52 on Thursday. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. The company has a market cap of $4.09 billion, a P/E ratio of 47.18, a P/E/G ratio of 2.12 and a beta of 1.86. The stock has a 50-day moving average of $40.28 and a two-hundred day moving average of $39.11. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The company’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.98 EPS. As a group, analysts anticipate that Hilton Grand Vacations will post 3.44 EPS for the current year.

Insiders Place Their Bets

In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 49,389 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $41.55, for a total value of $2,052,112.95. Following the completion of the transaction, the insider now owns 88,532 shares in the company, valued at $3,678,504.60. This represents a 35.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of Hilton Grand Vacations stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $42.10, for a total value of $168,400,000.00. Following the sale, the insider now owns 26,295,825 shares in the company, valued at $1,107,054,232.50. This trade represents a 13.20 % decrease in their position. The disclosure for this sale can be found here. 2.30% of the stock is owned by corporate insiders.

Institutional Trading of Hilton Grand Vacations

A number of large investors have recently made changes to their positions in HGV. Reston Wealth Management LLC purchased a new stake in Hilton Grand Vacations in the third quarter valued at approximately $25,000. Blue Trust Inc. raised its position in Hilton Grand Vacations by 141.7% in the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock valued at $36,000 after purchasing an additional 588 shares during the last quarter. KBC Group NV raised its position in Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after purchasing an additional 889 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new stake in Hilton Grand Vacations during the 4th quarter worth $204,000. Finally, Wittenberg Investment Management Inc. purchased a new position in Hilton Grand Vacations during the 3rd quarter worth $345,000. 97.23% of the stock is owned by institutional investors and hedge funds.

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.