Brokerages Set Hilton Grand Vacations Inc. (NYSE:HGV) PT at $47.25

Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) has been assigned a consensus recommendation of "Hold" from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $47.25.

Several equities research analysts recently weighed in on HGV shares. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Morgan Stanley initiated coverage on Hilton Grand Vacations in a report on Monday, January 6th. They set an "overweight" rating and a $47.00 target price on the stock. The Goldman Sachs Group raised their price objective on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the company a "sell" rating in a research report on Tuesday, March 4th. Mizuho boosted their target price on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, February 28th. Finally, Truist Financial lifted their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research report on Friday, March 7th.

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Hilton Grand Vacations Trading Down 0.6 %

Shares of HGV stock traded down $0.22 during mid-day trading on Friday, hitting $38.87. 1,046,383 shares of the company's stock were exchanged, compared to its average volume of 801,639. Hilton Grand Vacations has a fifty-two week low of $33.21 and a fifty-two week high of $47.81. The stock has a 50-day simple moving average of $40.36 and a two-hundred day simple moving average of $39.37. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The stock has a market cap of $3.68 billion, a price-to-earnings ratio of 44.17, a PEG ratio of 2.20 and a beta of 1.84.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The company had revenue of $1.28 billion during the quarter, compared to analysts' expectations of $1.28 billion. Equities analysts expect that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Institutional Investors Weigh In On Hilton Grand Vacations

Several hedge funds and other institutional investors have recently made changes to their positions in HGV. Amalgamated Bank increased its holdings in shares of Hilton Grand Vacations by 0.9% during the fourth quarter. Amalgamated Bank now owns 28,884 shares of the company's stock worth $1,125,000 after buying an additional 263 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Hilton Grand Vacations by 0.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,689 shares of the company's stock worth $1,585,000 after buying an additional 303 shares in the last quarter. Bank of Montreal Can increased its position in Hilton Grand Vacations by 5.1% in the 4th quarter. Bank of Montreal Can now owns 7,447 shares of the company's stock valued at $290,000 after acquiring an additional 361 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Hilton Grand Vacations by 7.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 13,141 shares of the company's stock worth $512,000 after acquiring an additional 869 shares during the last quarter. Finally, KBC Group NV grew 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 during the last quarter. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Company Profile

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.