Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund lessened its holdings in Hilton Grand Vacations Inc. (NYSE:HGV) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,622 shares of the company’s stock after selling 400 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Hilton Grand Vacations were worth $492,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of HGV. FMR LLC increased its holdings in Hilton Grand Vacations by 39.0% in the 3rd quarter. FMR LLC now owns 3,271,387 shares of the company’s stock worth $118,817,000 after buying an additional 917,397 shares during the period. Franklin Resources Inc. increased its holdings in Hilton Grand Vacations by 17.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company’s stock worth $117,402,000 after buying an additional 499,067 shares during the period. Barclays PLC increased its holdings in Hilton Grand Vacations by 330.8% in the 3rd quarter. Barclays PLC now owns 246,131 shares of the company’s stock worth $8,941,000 after buying an additional 188,997 shares during the period. Edgestream Partners L.P. acquired a new position in Hilton Grand Vacations in the 3rd quarter worth approximately $2,688,000. Finally, Intech Investment Management LLC acquired a new position in Hilton Grand Vacations in the 3rd quarter worth approximately $2,385,000. Institutional investors and hedge funds own 97.23% of the company’s stock.

Hilton Grand Vacations Trading Up 1.1 %

Shares of NYSE:HGV opened at $42.95 on Monday. Hilton Grand Vacations Inc. has a 1 year low of $33.21 and a 1 year high of $48.65. The firm has a market capitalization of $4.23 billion, a price-to-earnings ratio of 48.81, a price-to-earnings-growth ratio of 2.20 and a beta of 1.85. 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 business’s 50 day moving average price is $40.59 and its 200-day moving average price is $39.32.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.40). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.28 billion. On average, equities research analysts forecast that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Truist Financial dropped their price objective on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. The Goldman Sachs Group raised their price objective on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a research note on Tuesday, December 10th. Barclays raised their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday. Mizuho raised their price objective on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Morgan Stanley started coverage on shares of Hilton Grand Vacations in a research note on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $45.13.

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.