Hantz Financial Services Inc. increased its holdings in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 14.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,913 shares of the company's stock after acquiring an additional 10,265 shares during the quarter. Hantz Financial Services Inc. owned about 0.08% of Hilton Grand Vacations worth $3,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently bought and sold shares of the business. KBC Group NV increased its stake in shares of Hilton Grand Vacations by 41.2% during the fourth quarter. KBC Group NV now owns 3,046 shares of the company's stock valued at $119,000 after purchasing an additional 889 shares in the last quarter. PB Investment Partners L.P. grew its stake in shares of Hilton Grand Vacations by 5.9% in the 4th quarter. PB Investment Partners L.P. now owns 571,414 shares of the company's stock worth $22,257,000 after buying an additional 31,939 shares during the last quarter. Crossmark Global Holdings Inc. bought a new position in Hilton Grand Vacations during the 4th quarter valued at approximately $204,000. MassMutual Private Wealth & Trust FSB raised its stake in Hilton Grand Vacations by 38,000.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 9,525 shares of the company's stock valued at $371,000 after buying an additional 9,500 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Hilton Grand Vacations by 17.8% in the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company's stock worth $117,402,000 after acquiring an additional 499,067 shares in the last quarter. 97.23% of the stock is owned by hedge funds and other institutional investors.
Hilton Grand Vacations Price Performance
HGV stock traded down $1.01 during trading on Friday, reaching $41.25. The company's stock had a trading volume of 603,156 shares, compared to its average volume of 792,888. The company's fifty day moving average is $40.29 and its 200-day moving average is $39.13. Hilton Grand Vacations Inc. has a 1 year low of $33.21 and a 1 year high of $49.02. The company has a market capitalization of $4.06 billion, a P/E ratio of 46.88, a price-to-earnings-growth ratio of 2.15 and a beta of 1.86. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32.
Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.03). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the firm posted $0.98 earnings per share. The business's revenue was up 28.3% on a year-over-year basis. On average, research analysts expect that Hilton Grand Vacations Inc. will post 3.44 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Barclays restated an "equal weight" rating and set a $41.00 price target (down from $44.00) on shares of Hilton Grand Vacations in a report on Friday, December 13th. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a report on Monday, January 6th. They issued an "overweight" rating and a $47.00 target price for the company. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. The Goldman Sachs Group upped their target price on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the company a "sell" rating in a research note on Tuesday, December 10th. Finally, JMP Securities reduced their price target on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating for the company in a research note on Wednesday, December 18th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $44.00.
View Our Latest Stock Report on Hilton Grand Vacations
Insider Activity
In other news, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of Hilton Grand Vacations stock in a transaction on Monday, November 25th. The stock was sold at an average price of $42.10, for a total transaction of $168,400,000.00. Following the completion of the sale, the insider now directly owns 26,295,825 shares in the company, valued at approximately $1,107,054,232.50. This trade represents a 13.20 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charles R. Jr. Corbin sold 49,389 shares of the business's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $41.55, for a total transaction of $2,052,112.95. Following the completion of the sale, the insider now directly owns 88,532 shares of the company's stock, valued at approximately $3,678,504.60. This trade represents a 35.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company's stock.
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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