Hilton Grand Vacations Inc. (NYSE:HGV) Given Average Rating of "Hold" by Brokerages

Shares of Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) have earned a consensus recommendation of "Hold" from the seven analysts that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $44.00.

HGV has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research report on Monday, August 12th. Jefferies Financial Group downgraded Hilton Grand Vacations from a "buy" rating to a "hold" rating and decreased their price target for the stock from $55.00 to $35.00 in a report on Friday, August 9th. Barclays increased their price objective on Hilton Grand Vacations from $40.00 to $44.00 and gave the company an "overweight" rating in a report on Friday, November 8th. Mizuho decreased their target price on Hilton Grand Vacations from $57.00 to $55.00 and set an "outperform" rating for the company in a research note on Tuesday. Finally, The Goldman Sachs Group initiated coverage on Hilton Grand Vacations in a report on Wednesday, September 18th. They issued a "sell" rating and a $31.00 price target for the company.

Hilton Grand Vacations Trading Down 2.3 %

Shares of HGV traded down $1.00 during midday trading on Friday, hitting $41.85. 956,198 shares of the stock were exchanged, compared to its average volume of 777,758. 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 firm has a market cap of $4.12 billion, a P/E ratio of 47.56, a P/E/G ratio of 2.37 and a beta of 1.82. Hilton Grand Vacations has a 52-week low of $33.21 and a 52-week high of $49.02. The stock has a fifty day simple moving average of $37.74 and a 200 day simple moving average of $39.40.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its quarterly earnings data 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 net margin of 2.01% and a return on equity of 16.44%. The business had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same period in the previous year, the business posted $0.98 EPS. The company's revenue for the quarter was up 28.3% compared to the same quarter last year. On average, research analysts anticipate that Hilton Grand Vacations will post 3.49 EPS for the current fiscal year.

Institutional Trading of Hilton Grand Vacations

Several institutional investors and hedge funds have recently bought and sold shares of HGV. Vanguard Group Inc. raised its stake in Hilton Grand Vacations by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 7,546,080 shares of the company's stock valued at $356,250,000 after acquiring an additional 77,934 shares during the last quarter. Khrom Capital Management LLC purchased a new stake in shares of Hilton Grand Vacations during the second quarter worth approximately $3,872,000. Barnett & Company Inc. acquired a new stake in shares of Hilton Grand Vacations during the third quarter worth $1,190,000. Hantz Financial Services Inc. acquired a new stake in shares of Hilton Grand Vacations during the second quarter worth $2,694,000. Finally, Assenagon Asset Management S.A. grew its position in Hilton Grand Vacations by 44.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 148,292 shares of the company's stock valued at $5,386,000 after buying an additional 45,978 shares during the last quarter. Hedge funds and other institutional investors 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.