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

Hilton Grand Vacations (NYSE:HGV - Get Free Report) had its price target boosted by research analysts at Barclays from $40.00 to $44.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Barclays's price objective would indicate a potential upside of 3.36% from the company's previous close.

A number of other equities research analysts have also recently commented on HGV. Jefferies Financial Group cut shares of Hilton Grand Vacations from a "buy" rating to a "hold" rating and lowered their price objective for the company from $55.00 to $35.00 in a research note on Friday, August 9th. The Goldman Sachs Group initiated coverage on shares of Hilton Grand Vacations in a research report on Wednesday, September 18th. They issued a "sell" rating and a $31.00 price target on the stock. StockNews.com downgraded Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research report on Monday, August 12th. Truist Financial lowered their target price on Hilton Grand Vacations from $71.00 to $52.00 and set a "buy" rating on the stock in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. downgraded Hilton Grand Vacations from an "overweight" rating to a "neutral" rating and dropped their price target for the stock from $55.00 to $36.00 in a research report on Friday, August 9th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $44.29.

Hilton Grand Vacations Price Performance

Hilton Grand Vacations stock traded up $0.98 during mid-day trading on Friday, reaching $42.57. The company had a trading volume of 872,905 shares, compared to its average volume of 718,212. The stock's 50-day simple moving average is $37.23 and its 200-day simple moving average is $39.42. The company has a market capitalization of $4.32 billion, a P/E ratio of 48.38, a P/E/G ratio of 2.14 and a beta of 1.82. The company has a debt-to-equity ratio of 3.18, a current ratio of 4.36 and a quick ratio of 2.97. Hilton Grand Vacations has a 1 year low of $33.16 and a 1 year high of $49.02.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.03). The firm had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.29 billion. Hilton Grand Vacations had a net margin of 3.57% and a return on equity of 18.06%. The business's revenue for the quarter was up 28.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.98 earnings per share. On average, equities analysts predict that Hilton Grand Vacations will post 3.55 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Janney Montgomery Scott LLC boosted its position in shares of Hilton Grand Vacations by 4.4% in the first quarter. Janney Montgomery Scott LLC now owns 12,330 shares of the company's stock worth $582,000 after acquiring an additional 523 shares during the last quarter. Blue Trust Inc. grew 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 buying an additional 588 shares during the period. ProShare Advisors LLC grew its stake in shares of Hilton Grand Vacations by 3.5% during the 1st quarter. ProShare Advisors LLC now owns 17,661 shares of the company's stock valued at $834,000 after buying an additional 596 shares during the period. Reston Wealth Management LLC acquired a new stake in shares of Hilton Grand Vacations during the 3rd quarter worth $25,000. Finally, nVerses Capital LLC purchased a new position in shares of Hilton Grand Vacations in the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Company Profile

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.