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

Hilton Grand Vacations Inc. (NYSE:HGV) has received a consensus rating of “Hold” from the eight research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $47.25.

A number of equities research analysts recently commented on HGV shares. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Saturday, March 1st. Mizuho boosted their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, February 28th. Barclays increased their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. The Goldman Sachs Group boosted their price objective on Hilton Grand Vacations from $37.00 to $42.00 and gave the company a “sell” rating in a research note on Tuesday, March 4th. Finally, JMP Securities cut their target price on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research report on Wednesday, December 18th.

Institutional Investors Weigh In On Hilton Grand Vacations

Several hedge funds and other institutional investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Hilton Grand Vacations by 23.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 176,665 shares of the company’s stock valued at $6,881,000 after acquiring an additional 33,931 shares during the period. Voloridge Investment Management LLC bought a new position in Hilton Grand Vacations in the 4th quarter valued at $814,000. Wolverine Trading LLC bought a new position in Hilton Grand Vacations in the 4th quarter valued at $385,000. Squarepoint Ops LLC grew its position in shares of Hilton Grand Vacations by 62.6% during the 4th quarter. Squarepoint Ops LLC now owns 493,474 shares of the company’s stock valued at $19,221,000 after purchasing an additional 189,934 shares in the last quarter. Finally, Teza Capital Management LLC bought a new position in shares of Hilton Grand Vacations in the fourth quarter worth $768,000. 97.23% of the stock is currently owned by institutional investors.

Hilton Grand Vacations Stock Down 1.2 %

Shares of NYSE:HGV opened at $37.93 on Friday. Hilton Grand Vacations has a 1 year low of $33.21 and a 1 year high of $47.81. The company has a market capitalization of $3.59 billion, a PE ratio of 43.10, a price-to-earnings-growth ratio of 2.20 and a beta of 1.84. The business has a fifty day moving average price of $40.31 and a two-hundred day moving average price of $39.37. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.40). The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Analysts forecast that Hilton Grand Vacations will post 3.39 earnings per share for the current 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.