Hilton Grand Vacations Inc. (NYSE:HGV) Given Consensus Recommendation of "Hold" by Analysts

Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) has been assigned an average recommendation of "Hold" from the seven analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $43.57.

HGV has been the subject of a number of analyst reports. Truist Financial reduced their target price on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a "buy" rating for the company in a research note on Tuesday, November 26th. The Goldman Sachs Group boosted their price objective on Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a "sell" rating in a research report on Tuesday, December 10th. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Wednesday, November 27th. JMP Securities reduced their price target on 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. Finally, Barclays reissued an "equal weight" rating and issued a $41.00 price target (down previously from $44.00) on shares of Hilton Grand Vacations in a research note on Friday, December 13th.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock traded down $0.70 on Friday, reaching $37.65. 1,574,653 shares of the company were exchanged, compared to its average volume of 1,066,726. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 42.78, a P/E/G ratio of 2.22 and a beta of 1.86. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $49.02. 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's 50-day moving average is $40.44 and its two-hundred day moving average is $39.12.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its earnings results 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). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the business earned $0.98 earnings per share. Hilton Grand Vacations's quarterly revenue was up 28.3% on a year-over-year basis. As a group, research analysts expect that Hilton Grand Vacations will post 3.43 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Charles R. Jr. Corbin sold 49,389 shares of the company's stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $41.55, for a total value of $2,052,112.95. Following the completion of the transaction, the insider now directly owns 88,532 shares in the company, valued at $3,678,504.60. This represents a 35.81 % decrease in their position. The disclosure for this sale can be found here. 2.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hilton Grand Vacations

A number of hedge funds and other institutional investors have recently modified their holdings of HGV. FMR LLC lifted its stake in Hilton Grand Vacations by 39.0% during the third quarter. FMR LLC now owns 3,271,387 shares of the company's stock valued at $118,817,000 after buying an additional 917,397 shares in the last quarter. Long Pond Capital LP raised its holdings in shares of Hilton Grand Vacations by 218.0% during the second quarter. Long Pond Capital LP now owns 1,200,920 shares of the company's stock valued at $48,553,000 after acquiring an additional 823,228 shares during the period. Millennium Management LLC lifted its position in shares of Hilton Grand Vacations by 44.5% in the 2nd quarter. Millennium Management LLC now owns 2,269,405 shares of the company's stock valued at $91,752,000 after acquiring an additional 698,664 shares in the last quarter. Franklin Resources Inc. boosted its stake in Hilton Grand Vacations by 17.8% in the 3rd 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 during the period. Finally, Barclays PLC grew its position in Hilton Grand Vacations by 330.8% during the 3rd quarter. Barclays PLC now owns 246,131 shares of the company's stock worth $8,941,000 after purchasing an additional 188,997 shares in the last quarter. Institutional investors and hedge funds own 97.23% of the company's stock.

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.