Barclays PLC Increases Stock Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Barclays PLC lifted its stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 20.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 296,764 shares of the company's stock after acquiring an additional 50,633 shares during the quarter. Barclays PLC owned 0.30% of Hilton Grand Vacations worth $11,557,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HGV. Franklin Resources Inc. lifted its stake in Hilton Grand Vacations by 17.8% during the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company's stock worth $117,402,000 after purchasing an additional 499,067 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Hilton Grand Vacations by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 892,057 shares of the company's stock valued at $34,746,000 after buying an additional 30,019 shares during the period. AlphaQuest LLC lifted its stake in Hilton Grand Vacations by 186,169.2% during the 4th quarter. AlphaQuest LLC now owns 24,215 shares of the company's stock worth $943,000 after acquiring an additional 24,202 shares in the last quarter. Independent Family Office LLC purchased a new position in Hilton Grand Vacations during the 4th quarter valued at about $627,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Hilton Grand Vacations in the 4th quarter valued at about $6,428,000. Hedge funds and other institutional investors own 97.23% of the company's stock.

Analysts Set New Price Targets

HGV has been the topic of a number of research reports. Truist Financial increased their target price on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock 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 research note on Saturday, March 1st. Mizuho lifted their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a report on Friday, February 28th. Barclays upped their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Finally, The Goldman Sachs Group decreased their price objective on Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating for the company in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $44.63.

Hilton Grand Vacations Stock Up 1.0 %

HGV stock traded up $0.34 during midday trading on Wednesday, reaching $33.71. 1,323,640 shares of the company were exchanged, compared to its average volume of 879,899. The stock's 50-day simple moving average is $37.46 and its 200 day simple moving average is $39.05. Hilton Grand Vacations Inc. has a 1-year low of $30.59 and a 1-year high of $45.48. 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 company has a market cap of $3.19 billion, a price-to-earnings ratio of 38.31, 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 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The firm had revenue of $1.28 billion for the quarter, compared to analysts' expectations 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.

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.