Hilton Grand Vacations Inc. (NYSE:HGV) Receives Average Recommendation of "Hold" from Brokerages

Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) has earned a consensus rating of "Hold" from the eight ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $44.00.

A number of equities research analysts have weighed in on HGV shares. JMP Securities lowered their target price on Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating for the company in a report on Wednesday, December 18th. Barclays restated an "equal weight" rating and set a $41.00 price target (down previously from $44.00) on shares of Hilton Grand Vacations in a research report on Friday, December 13th. StockNews.com raised shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Wednesday, November 27th. Mizuho cut their target price on shares of Hilton Grand Vacations from $57.00 to $55.00 and set an "outperform" rating for the company in a research report on Tuesday, November 12th. Finally, Truist Financial dropped their price target on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th.

Insiders Place Their Bets

In related news, insider Charles R. Jr. Corbin sold 49,389 shares of the business's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $41.55, for a total value of $2,052,112.95. Following the completion of the sale, the insider now owns 88,532 shares in the company, valued at $3,678,504.60. The trade was a 35.81 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of the stock in a transaction 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 transaction, the insider now directly owns 26,295,825 shares in the company, valued at approximately $1,107,054,232.50. This represents a 13.20 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Blue Trust Inc. lifted its position in shares of Hilton Grand Vacations by 141.7% in the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company's stock worth $36,000 after purchasing an additional 588 shares during the period. Reston Wealth Management LLC bought a new stake in Hilton Grand Vacations during the 3rd quarter valued at approximately $25,000. KBC Group NV grew its holdings in shares of Hilton Grand Vacations by 41.2% during the 4th quarter. KBC Group NV now owns 3,046 shares of the company's stock worth $119,000 after acquiring an additional 889 shares during the period. Creative Planning raised its position in shares of Hilton Grand Vacations by 17.1% in the 3rd quarter. Creative Planning now owns 15,381 shares of the company's stock worth $559,000 after acquiring an additional 2,245 shares in the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of Hilton Grand Vacations by 16.9% in the 3rd quarter. Victory Capital Management Inc. now owns 17,140 shares of the company's stock valued at $623,000 after purchasing an additional 2,477 shares during the period. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Price Performance

Shares of HGV stock traded up $1.05 during trading on Thursday, hitting $42.50. The company had a trading volume of 151,083 shares, compared to its average volume of 793,376. The stock's 50-day moving average price is $40.29 and its 200 day moving average price is $39.12. Hilton Grand Vacations has a one year low of $33.21 and a one 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 firm has a market capitalization of $4.19 billion, a P/E ratio of 48.29, a price-to-earnings-growth ratio of 2.12 and a beta of 1.86.

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 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 business 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 posted $0.98 EPS. The company's revenue for the quarter was up 28.3% compared to the same quarter last year. Equities analysts expect that Hilton Grand Vacations will post 3.44 EPS for the current fiscal year.

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.