North Peak Capital Management LLC Reduces Stake in Hilton Grand Vacations Inc. (NYSE:HGV)

North Peak Capital Management LLC lowered its holdings in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,767,438 shares of the company's stock after selling 124,034 shares during the period. Hilton Grand Vacations makes up 29.8% of North Peak Capital Management LLC's investment portfolio, making the stock its largest position. North Peak Capital Management LLC owned about 5.86% of Hilton Grand Vacations worth $224,642,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Covestor Ltd lifted its position in Hilton Grand Vacations by 432.4% during the fourth quarter. Covestor Ltd now owns 1,283 shares of the company's stock valued at $50,000 after purchasing an additional 1,042 shares during the last quarter. KBC Group NV grew 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 position in Hilton Grand Vacations in the fourth quarter valued at $200,000. Crossmark Global Holdings Inc. purchased a new stake in Hilton Grand Vacations during the fourth quarter valued at about $204,000. Finally, FourThought Financial Partners LLC purchased a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $232,000. Hedge funds and other institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Trading Down 0.6 %

Shares of HGV stock traded down $0.19 during trading hours on Monday, reaching $32.99. The company's stock had a trading volume of 745,788 shares, compared to its average volume of 874,262. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $3.12 billion, a P/E ratio of 37.49, a P/E/G ratio of 2.20 and a beta of 1.68. The firm's fifty day simple moving average is $37.64 and its 200 day simple moving average is $39.09. Hilton Grand Vacations Inc. has a one year low of $30.59 and a one year high of $45.48.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued 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). The company 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%. Equities research analysts expect that Hilton Grand Vacations Inc. will post 3.39 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on HGV. The Goldman Sachs Group dropped their target price on Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating for the company in a research report on Monday, April 14th. Barclays increased their target price on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Truist Financial upped their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a research report on Friday, March 7th. Morgan Stanley assumed coverage on Hilton Grand Vacations in a research note on Monday, January 6th. They issued an "overweight" rating and a $47.00 target price for the company. Finally, StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. One equities research 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. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $45.75.

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.