Hilton Grand Vacations (NYSE:HGV) Stock Price Expected to Rise, Barclays Analyst Says

Hilton Grand Vacations (NYSE:HGV) had its price target lifted by Barclays from $41.00 to $45.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an equal weight rating on the stock.

Several other research analysts have also recently weighed in on HGV. Morgan Stanley initiated coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They issued an “overweight” rating and a $47.00 price objective on the stock. The Goldman Sachs Group boosted their price objective on Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. JMP Securities cut their price objective 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. Truist Financial cut their price objective on Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $45.13.

Hilton Grand Vacations Stock Up 1.1 %

Shares of NYSE:HGV opened at $42.95 on Friday. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 48.81, a PEG ratio of 2.20 and a beta of 1.85. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. Hilton Grand Vacations has a 12-month low of $33.21 and a 12-month high of $48.65. The business’s 50 day moving average is $40.59 and its 200 day moving average is $39.27.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data 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). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.28 billion. On average, sell-side analysts forecast that Hilton Grand Vacations will post 3.39 earnings per share for the current fiscal year.

Institutional Trading of Hilton Grand Vacations

Several hedge funds have recently made changes to their positions in the company. Reston Wealth Management LLC bought a new stake in shares of Hilton Grand Vacations during the 3rd quarter valued at $25,000. Blue Trust Inc. raised its stake in shares of Hilton Grand Vacations by 141.7% during 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 period. Covestor Ltd raised its stake in shares of Hilton Grand Vacations by 432.4% during the 4th quarter. Covestor Ltd now owns 1,283 shares of the company’s stock valued at $50,000 after purchasing an additional 1,042 shares during the period. KBC Group NV raised its stake in shares of Hilton Grand Vacations by 41.2% during 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 period. Finally, Aigen Investment Management LP bought a new stake in shares of Hilton Grand Vacations during the 4th quarter valued at $200,000. 97.23% of the stock is currently owned by institutional investors.

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.