Barclays Raises Hilton Grand Vacations (NYSE:HGV) Price Target to $45.00

Hilton Grand Vacations (NYSE:HGV - Get Free Report) had its price objective boosted by Barclays from $41.00 to $45.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price target would indicate a potential upside of 6.01% from the company's previous close.

Other equities research analysts also recently issued research reports about the company. Mizuho upped their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a research report on Friday. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Thursday, February 20th. JMP Securities lowered their price objective 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. Truist Financial reduced their target price on shares of 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, Morgan Stanley initiated coverage on shares of Hilton Grand Vacations in a research note on Monday, January 6th. They issued an "overweight" rating and a $47.00 target price for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Hilton Grand Vacations currently has an average rating of "Hold" and an average price target of $45.13.

Hilton Grand Vacations Trading Down 1.0 %

HGV stock traded down $0.45 during midday trading on Friday, reaching $42.45. 1,214,292 shares of the company's stock traded hands, compared to its average volume of 805,917. 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 has a fifty-two week low of $33.21 and a fifty-two week high of $47.81. The business has a 50-day moving average price of $40.59 and a two-hundred day moving average price of $39.32. The company has a market capitalization of $4.18 billion, a P/E ratio of 48.24, a PEG ratio of 2.20 and a beta of 1.85.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its earnings results 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 business had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.28 billion. Equities research analysts forecast that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HGV. Amalgamated Bank raised its stake 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 purchasing an additional 263 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Hilton Grand Vacations by 0.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,689 shares of the company's stock worth $1,585,000 after buying an additional 303 shares during the last quarter. Bank of Montreal Can grew its position in shares of Hilton Grand Vacations by 5.1% in the 4th quarter. Bank of Montreal Can now owns 7,447 shares of the company's stock worth $290,000 after acquiring an additional 361 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Hilton Grand Vacations by 141.7% in the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company's stock valued at $36,000 after acquiring an additional 588 shares during the last quarter. Finally, Reston Wealth Management LLC acquired a new stake in shares of Hilton Grand Vacations during the 3rd quarter valued at approximately $25,000. 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.