Inceptionr LLC Invests $266,000 in Hilton Grand Vacations Inc. (NYSE:HGV)

Inceptionr LLC bought a new stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 6,820 shares of the company's stock, valued at approximately $266,000.

A number of other hedge funds also recently added to or reduced their stakes in HGV. Aigen Investment Management LP purchased a new stake in shares of Hilton Grand Vacations in the fourth quarter valued at about $200,000. Victory Capital Management Inc. boosted its holdings in Hilton Grand Vacations by 57.2% in the 4th quarter. Victory Capital Management Inc. now owns 26,938 shares of the company's stock valued at $1,049,000 after purchasing an additional 9,798 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Hilton Grand Vacations by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 892,057 shares of the company's stock worth $34,746,000 after purchasing an additional 30,019 shares during the period. Amalgamated Bank lifted its holdings in shares of Hilton Grand Vacations by 0.9% in the 4th quarter. Amalgamated Bank now owns 28,884 shares of the company's stock valued at $1,125,000 after buying an additional 263 shares during the period. Finally, FourThought Financial Partners LLC purchased a new stake in shares of Hilton Grand Vacations in the fourth quarter valued at approximately $232,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Trading Down 5.3 %

NYSE HGV traded down $1.89 during mid-day trading on Thursday, reaching $33.70. 1,843,562 shares of the stock were exchanged, compared to its average volume of 930,249. Hilton Grand Vacations Inc. has a 1-year low of $33.21 and a 1-year high of $47.81. The stock has a market capitalization of $3.21 billion, a PE ratio of 38.30, a PEG ratio of 2.20 and a beta of 1.84. The business's fifty day simple moving average is $40.58 and its 200 day simple moving average is $39.44. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83.

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Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.40). The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. On average, research analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on HGV. Barclays raised their target price on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Mizuho raised their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a research report on Friday, February 28th. The Goldman Sachs Group increased their price objective on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the company a "sell" rating in a research note on Tuesday, March 4th. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Finally, JMP Securities lowered their price target on shares of 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. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $47.25.

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.