Hilton Grand Vacations (NYSE:HGV) Price Target Lowered to $55.00 at Mizuho

Hilton Grand Vacations (NYSE:HGV) had its price objective decreased by Mizuho from $57.00 to $55.00 in a report released on Tuesday,Benzinga reports. Mizuho currently has an outperform rating on the stock.

A number of other research firms also recently weighed in on HGV. Jefferies Financial Group downgraded shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating and decreased their target price for the company from $55.00 to $35.00 in a research report on Friday, August 9th. The Goldman Sachs Group assumed coverage on shares of Hilton Grand Vacations in a research report on Wednesday, September 18th. They issued a “sell” rating and a $31.00 target price for the company. Truist Financial decreased their price objective on shares of Hilton Grand Vacations from $71.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, September 5th. Barclays lifted their price objective on shares of Hilton Grand Vacations from $40.00 to $44.00 and gave the company an “overweight” rating in a research report on Friday, November 8th. Finally, StockNews.com downgraded shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Monday, August 12th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $44.00.

Hilton Grand Vacations Trading Up 1.8 %

Shares of NYSE:HGV opened at $43.19 on Tuesday. Hilton Grand Vacations has a 12 month low of $33.16 and a 12 month high of $49.02. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The company’s fifty day simple moving average is $37.30 and its 200 day simple moving average is $39.37. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 49.08, a PEG ratio of 2.30 and a beta of 1.82.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company’s revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.98 earnings per share. As a group, research analysts forecast that Hilton Grand Vacations will post 3.49 EPS for the current fiscal year.

Hedge Funds Weigh In On Hilton Grand Vacations

Institutional investors have recently added to or reduced their stakes in the stock. Reston Wealth Management LLC acquired a new position in Hilton Grand Vacations during the 3rd quarter worth approximately $25,000. nVerses Capital LLC bought a new stake in Hilton Grand Vacations during the 2nd quarter worth approximately $32,000. Blue Trust Inc. boosted its stake in shares of 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. Canada Pension Plan Investment Board bought a new stake in shares of Hilton Grand Vacations in the 2nd quarter valued at $93,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Hilton Grand Vacations in the 2nd quarter valued at $120,000. 97.23% of the stock is currently owned by institutional investors and hedge funds.

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.