Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC lessened its position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 73.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 64,951 shares of the company's stock after selling 177,498 shares during the quarter. Great Lakes Advisors LLC owned approximately 0.07% of Hilton Grand Vacations worth $2,530,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HGV. KBC Group NV raised its holdings in shares of Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company's stock valued at $119,000 after buying an additional 889 shares during the period. Aigen Investment Management LP purchased a new stake in Hilton Grand Vacations during the 4th quarter worth about $200,000. Crossmark Global Holdings Inc. purchased a new stake in Hilton Grand Vacations during the 4th quarter worth about $204,000. FourThought Financial Partners LLC purchased a new stake in Hilton Grand Vacations during the 4th quarter worth about $232,000. Finally, Inceptionr LLC purchased a new stake in Hilton Grand Vacations during the 4th quarter worth about $266,000. Hedge funds and other institutional investors own 97.23% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Morgan Stanley assumed coverage on Hilton Grand Vacations in a report on Monday, January 6th. They set an "overweight" rating and a $47.00 price target on the stock. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Mizuho upped their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, February 28th. Truist Financial upped their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, JMP Securities lowered their price objective on Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating for the company in a research report on Wednesday, December 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $47.25.

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Hilton Grand Vacations Stock Performance

Shares of NYSE HGV traded up $1.90 during trading hours on Wednesday, reaching $38.13. The stock had a trading volume of 861,365 shares, compared to its average volume of 796,580. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 43.33, a PEG ratio of 2.20 and a beta of 1.84. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. Hilton Grand Vacations Inc. has a fifty-two week low of $33.21 and a fifty-two week high of $47.81. The firm has a 50-day moving average of $40.36 and a 200-day moving average of $39.36.

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

Hilton Grand Vacations 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.