Arrowstreet Capital Limited Partnership bought a new position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 165,031 shares of the company's stock, valued at approximately $6,428,000. Arrowstreet Capital Limited Partnership owned approximately 0.17% of Hilton Grand Vacations as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of HGV. Amalgamated Bank boosted its stake in 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 in the last quarter. KBC Group NV lifted its position in Hilton Grand Vacations by 41.2% during the 4th quarter. KBC Group NV now owns 3,046 shares of the company's stock worth $119,000 after buying an additional 889 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Hilton Grand Vacations by 12.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,301 shares of the company's stock worth $752,000 after acquiring an additional 2,170 shares during the last quarter. Aigen Investment Management LP acquired a new stake in shares of Hilton Grand Vacations in the fourth quarter valued at approximately $200,000. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Hilton Grand Vacations during the fourth quarter valued at $204,000. Institutional investors and hedge funds own 97.23% of the company's stock.
Hilton Grand Vacations Stock Performance
HGV stock traded down $0.01 during mid-day trading on Friday, hitting $33.95. 1,377,584 shares of the company were exchanged, compared to its average volume of 860,936. Hilton Grand Vacations Inc. has a 1-year low of $30.59 and a 1-year high of $45.48. The business has a 50 day simple moving average of $38.68 and a 200-day simple moving average of $39.22. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $3.21 billion, a PE ratio of 38.58, a price-to-earnings-growth ratio of 2.20 and a beta of 1.68.
Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.49 EPS 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 analyst estimates of $1.28 billion. On average, equities analysts forecast that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts have weighed in on HGV shares. Mizuho increased their target price on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, February 28th. Truist Financial lifted their price objective on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a report on Friday, March 7th. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. The Goldman Sachs Group increased their price target on Hilton Grand Vacations from $37.00 to $42.00 and gave the company a "sell" rating in a research report on Tuesday, March 4th. Finally, Barclays boosted their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, Hilton Grand Vacations currently has an average rating of "Hold" and a consensus price target of $47.25.
View Our Latest Stock Analysis on Hilton Grand Vacations
About Hilton Grand Vacations
(
Free Report)
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.
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