Barnett & Company Inc. Takes Position in Hilton Grand Vacations Inc. (NYSE:HGV)

Barnett & Company Inc. bought a new stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 32,775 shares of the company's stock, valued at approximately $1,190,000.

A number of other large investors have also recently bought and sold shares of HGV. Reston Wealth Management LLC acquired a new stake in shares of Hilton Grand Vacations during the third quarter worth $25,000. nVerses Capital LLC purchased a new stake in Hilton Grand Vacations during the second quarter valued at about $32,000. Blue Trust Inc. grew its position in Hilton Grand Vacations by 141.7% during the third 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 period. Canada Pension Plan Investment Board purchased a new stake in Hilton Grand Vacations during the second quarter valued at about $93,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in Hilton Grand Vacations during the second quarter valued at about $120,000. Institutional investors and hedge funds own 97.23% of the company's stock.

Hilton Grand Vacations Stock Up 1.8 %

Shares of NYSE:HGV traded up $0.77 during trading on Tuesday, hitting $43.19. The company's stock had a trading volume of 837,327 shares, compared to its average volume of 777,459. The company has a debt-to-equity ratio of 3.32, a quick ratio of 2.97 and a current ratio of 4.36. Hilton Grand Vacations Inc. has a fifty-two week low of $33.16 and a fifty-two week high of $49.02. The stock's 50-day moving average price is $37.30 and its two-hundred day moving average price is $39.37. The company has a market capitalization of $4.38 billion, a PE ratio of 48.19, a PEG ratio of 2.27 and a beta of 1.82.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.03). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $0.98 EPS. The company's revenue was up 28.3% compared to the same quarter last year. As a group, sell-side analysts expect that Hilton Grand Vacations Inc. will post 3.49 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Mizuho lowered their price target on Hilton Grand Vacations from $57.00 to $55.00 and set an "outperform" rating for the company in a research report on Tuesday. Barclays boosted their price target on Hilton Grand Vacations from $40.00 to $44.00 and gave the company an "overweight" rating in a research report on Friday. The Goldman Sachs Group began coverage on Hilton Grand Vacations in a research report on Wednesday, September 18th. They set a "sell" rating and a $31.00 price target for the company. Jefferies Financial Group cut Hilton Grand Vacations from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $55.00 to $35.00 in a research note on Friday, August 9th. Finally, StockNews.com cut Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research note on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $44.00.

Hilton Grand Vacations 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.