Edgestream Partners L.P. cut its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 49.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 37,191 shares of the company's stock after selling 36,817 shares during the quarter. Edgestream Partners L.P.'s holdings in Hilton Grand Vacations were worth $1,449,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of HGV. KBC Group NV raised its position in Hilton Grand Vacations by 41.2% in the fourth quarter. KBC Group NV now owns 3,046 shares of the company's stock worth $119,000 after acquiring an additional 889 shares in the last quarter. Aigen Investment Management LP bought a new stake in shares of Hilton Grand Vacations in the 4th quarter worth approximately $200,000. Crossmark Global Holdings Inc. acquired a new stake in Hilton Grand Vacations during the fourth quarter valued at approximately $204,000. FourThought Financial Partners LLC bought a new stake in shares of Hilton Grand Vacations during the 4th quarter worth $232,000. Finally, Inceptionr LLC acquired a new stake in shares of Hilton Grand Vacations during the fourth quarter worth $266,000. Institutional investors and hedge funds own 97.23% of the company's stock.
Hilton Grand Vacations Stock Performance
Shares of NYSE:HGV traded up $1.27 during trading on Friday, reaching $34.97. The stock had a trading volume of 1,347,050 shares, compared to its average volume of 946,201. The stock has a fifty day simple moving average of $40.49 and a two-hundred day simple moving average of $39.40. 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 Inc. has a 52 week low of $33.21 and a 52 week high of $47.81. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 39.74, a P/E/G ratio of 2.20 and a beta of 1.84.
Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.40). The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. As a group, analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have recently issued reports on HGV. Mizuho boosted their price target on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a report on Friday, February 28th. JMP Securities lowered their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating on the stock in a report on Wednesday, December 18th. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Truist Financial upped their target price on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a report on Friday, March 7th. Finally, Morgan Stanley began coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an "overweight" rating and a $47.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, Hilton Grand Vacations presently has a consensus rating of "Hold" and a consensus price target of $47.25.
Check Out Our Latest Stock Report on HGV
Hilton Grand Vacations Company Profile
(
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.
Read More
Before you consider Hilton Grand Vacations, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hilton Grand Vacations wasn't on the list.
While Hilton Grand Vacations currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
