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

Shares of Hilton Grand Vacations Inc. (NYSE:HGVGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $55.67.

A number of research firms have commented on HGV. JMP Securities restated a “market outperform” rating and set a $55.00 target price on shares of Hilton Grand Vacations in a research note on Friday, March 1st. Barclays lifted their price objective on shares of Hilton Grand Vacations from $47.00 to $54.00 and gave the company an “overweight” rating in a research report on Friday, March 1st. Finally, Jefferies Financial Group upgraded shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating and lifted their price objective for the company from $39.00 to $50.00 in a research report on Tuesday, January 2nd.

Get Our Latest Report on Hilton Grand Vacations

Hilton Grand Vacations Stock Performance

Shares of NYSE HGV opened at $45.27 on Monday. The company has a quick ratio of 3.10, a current ratio of 4.34 and a debt-to-equity ratio of 2.13. The company has a market cap of $4.73 billion, a PE ratio of 16.17, a PEG ratio of 0.96 and a beta of 1.93. The firm’s 50-day moving average price is $43.48 and its 200-day moving average price is $40.36. Hilton Grand Vacations has a 52-week low of $33.13 and a 52-week high of $49.02.

Hilton Grand Vacations (NYSE:HGVGet Free Report) last posted its quarterly earnings data on Thursday, February 29th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.04. Hilton Grand Vacations had a net margin of 7.87% and a return on equity of 19.06%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm posted $1.01 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year. As a group, analysts anticipate that Hilton Grand Vacations will post 4.07 EPS for the current year.

Insiders Place Their Bets

In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 23,000 shares of Hilton Grand Vacations stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $45.49, for a total transaction of $1,046,270.00. Following the completion of the transaction, the insider now directly owns 140,618 shares of the company’s stock, valued at $6,396,712.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 23,000 shares of Hilton Grand Vacations stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $45.49, for a total transaction of $1,046,270.00. Following the completion of the transaction, the insider now directly owns 140,618 shares of the company’s stock, valued at $6,396,712.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charles R. Jr. Corbin sold 38,557 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $46.18, for a total transaction of $1,780,562.26. Following the sale, the insider now directly owns 166,997 shares of the company’s stock, valued at $7,711,921.46. The disclosure for this sale can be found here. 1.60% of the stock is owned by insiders.

Institutional Trading of Hilton Grand Vacations

A number of large investors have recently made changes to their positions in HGV. Signaturefd LLC boosted its stake in shares of Hilton Grand Vacations by 78.6% during the third quarter. Signaturefd LLC now owns 625 shares of the company’s stock valued at $25,000 after purchasing an additional 275 shares during the period. PNC Financial Services Group Inc. lifted its stake in Hilton Grand Vacations by 327.3% in the first quarter. PNC Financial Services Group Inc. now owns 547 shares of the company’s stock worth $28,000 after acquiring an additional 419 shares during the period. Penserra Capital Management LLC purchased a new position in Hilton Grand Vacations during the 1st quarter valued at about $37,000. Itau Unibanco Holding S.A. purchased a new position in Hilton Grand Vacations during the 3rd quarter valued at about $47,000. Finally, Covestor Ltd increased its position in Hilton Grand Vacations by 642.2% during the 1st quarter. Covestor Ltd now owns 1,195 shares of the company’s stock valued at $62,000 after purchasing an additional 1,034 shares during the period. 97.23% of the stock is owned by hedge funds and other institutional investors.

Hilton Grand Vacations Company Profile

(Get Free Report

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.

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Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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