Centiva Capital LP Makes New $517,000 Investment in Hilton Grand Vacations Inc. (NYSE:HGV)

Centiva Capital LP bought a new position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 14,234 shares of the company's stock, valued at approximately $517,000.

A number of other large investors have also recently modified their holdings of the business. Blue Trust Inc. boosted its stake in Hilton Grand Vacations by 141.7% in the third quarter. Blue Trust Inc. now owns 1,003 shares of the company's stock worth $36,000 after buying an additional 588 shares in the last quarter. Reston Wealth Management LLC bought a new position in shares of Hilton Grand Vacations during the third quarter valued at approximately $25,000. nVerses Capital LLC purchased a new stake in shares of Hilton Grand Vacations during the second quarter valued at approximately $32,000. MQS Management LLC boosted its position in shares of Hilton Grand Vacations by 7.4% during the second quarter. MQS Management LLC now owns 16,494 shares of the company's stock valued at $667,000 after buying an additional 1,135 shares during the last quarter. Finally, Creative Planning raised its holdings in shares of Hilton Grand Vacations by 17.1% during the third quarter. Creative Planning now owns 15,381 shares of the company's stock valued at $559,000 after purchasing an additional 2,245 shares during the last quarter. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Trading Down 0.2 %

NYSE HGV traded down $0.10 during trading on Friday, hitting $41.84. The stock had a trading volume of 554,525 shares, compared to its average volume of 983,732. The stock has a market capitalization of $4.12 billion, a price-to-earnings ratio of 47.55, a P/E/G ratio of 2.31 and a beta of 1.85. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The stock has a 50 day simple moving average of $39.24 and a 200 day simple moving average of $39.27. Hilton Grand Vacations Inc. has a one year low of $33.21 and a one year high of $49.02.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.70 by ($0.03). The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Hilton Grand Vacations's revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the business earned $0.98 earnings per share. Sell-side analysts predict that Hilton Grand Vacations Inc. will post 3.43 earnings per share for the current year.

Analyst Ratings Changes

HGV has been the topic of several recent analyst reports. Mizuho decreased their target price on Hilton Grand Vacations from $57.00 to $55.00 and set an "outperform" rating on the stock in a research note on Tuesday, November 12th. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. The Goldman Sachs Group started coverage on Hilton Grand Vacations in a report on Wednesday, September 18th. They set a "sell" rating and a $31.00 price objective on the stock. Barclays upped their price target on shares of Hilton Grand Vacations from $40.00 to $44.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Finally, Truist Financial dropped their price objective on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a "buy" rating for the company in a research note on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $43.86.

Insider Buying and Selling at Hilton Grand Vacations

In other news, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $42.10, for a total transaction of $168,400,000.00. Following the transaction, the insider now directly owns 26,295,825 shares in the company, valued at $1,107,054,232.50. The trade was a 13.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Charles R. Jr. Corbin sold 49,389 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $41.55, for a total value of $2,052,112.95. Following the completion of the sale, the insider now directly owns 88,532 shares of the company's stock, valued at approximately $3,678,504.60. This represents a 35.81 % decrease in their position. The disclosure for this sale can be found here. 2.30% of the stock is owned by corporate insiders.

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.