Cerity Partners LLC Sells 9,401 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Cerity Partners LLC lessened its holdings in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 40.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,579 shares of the company's stock after selling 9,401 shares during the period. Cerity Partners LLC's holdings in Hilton Grand Vacations were worth $493,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HGV. Wells Fargo & Company MN raised its holdings in shares of Hilton Grand Vacations by 39.2% in the 4th quarter. Wells Fargo & Company MN now owns 35,522 shares of the company's stock worth $1,384,000 after buying an additional 9,999 shares in the last quarter. Pamalican Asset Management Ltd bought a new stake in Hilton Grand Vacations in the fourth quarter valued at $5,842,000. ExodusPoint Capital Management LP raised its stake in Hilton Grand Vacations by 129.1% during the fourth quarter. ExodusPoint Capital Management LP now owns 223,875 shares of the company's stock worth $8,720,000 after acquiring an additional 126,166 shares in the last quarter. Rangeley Capital LLC bought a new position in shares of Hilton Grand Vacations during the fourth quarter valued at $1,597,000. Finally, Franklin Resources Inc. boosted its stake in shares of Hilton Grand Vacations by 11.3% in the 4th quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock valued at $143,031,000 after purchasing an additional 373,442 shares in the last quarter. Institutional investors and hedge funds own 97.23% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on HGV shares. Mizuho increased their target price on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a research report on Friday, February 28th. Barclays raised their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Truist Financial boosted their target price on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Morgan Stanley dropped their price target on Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Hilton Grand Vacations currently has a consensus rating of "Hold" and an average target price of $44.63.

Hilton Grand Vacations Trading Up 1.0 %

HGV traded up $0.34 during mid-day trading on Wednesday, reaching $33.71. The stock had a trading volume of 1,323,640 shares, compared to its average volume of 879,899. The stock has a market capitalization of $3.19 billion, a P/E ratio of 38.31, a P/E/G ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a 52 week low of $30.59 and a 52 week high of $45.48. 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's fifty day simple moving average is $37.46 and its two-hundred day simple moving average is $39.05.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. On average, equities analysts predict that Hilton Grand Vacations Inc. will post 3.39 EPS for the current 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.