Hilton Grand Vacations (NYSE:HGV) Upgraded at StockNews.com

StockNews.com upgraded shares of Hilton Grand Vacations (NYSE:HGV - Free Report) from a sell rating to a hold rating in a research note released on Thursday.

Several other equities analysts also recently weighed in on HGV. Mizuho dropped their price target on 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. JMP Securities decreased their price target on shares of 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. Barclays reissued an "equal weight" rating and set a $41.00 target price (down from $44.00) on shares of Hilton Grand Vacations in a research report on Friday, December 13th. The Goldman Sachs Group increased their price target on Hilton Grand Vacations from $33.00 to $37.00 and gave the company a "sell" rating in a report on Tuesday, December 10th. Finally, Truist Financial decreased their price target on Hilton Grand Vacations from $52.00 to $51.00 and set a "buy" rating for the company in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $44.00.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock traded up $0.07 during trading on Thursday, reaching $41.08. The company's stock had a trading volume of 799,406 shares, compared to its average volume of 751,231. Hilton Grand Vacations has a fifty-two week low of $33.21 and a fifty-two week high of $49.02. The company has a 50-day moving average price of $40.38 and a two-hundred day moving average price of $39.09. 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 firm has a market cap of $4.05 billion, a PE ratio of 46.69, a P/E/G ratio of 2.20 and a beta of 1.85.

Institutional Investors Weigh In On Hilton Grand Vacations

Institutional investors have recently added to or reduced their stakes in the company. Creative Planning increased its position in shares of Hilton Grand Vacations by 17.1% during the third quarter. Creative Planning now owns 15,381 shares of the company's stock valued at $559,000 after purchasing an additional 2,245 shares during the period. Blue Trust Inc. lifted its holdings in shares of Hilton Grand Vacations by 141.7% during the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company's stock worth $36,000 after acquiring an additional 588 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Hilton Grand Vacations by 44.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 148,292 shares of the company's stock valued at $5,386,000 after acquiring an additional 45,978 shares in the last quarter. Iridian Asset Management LLC CT increased its stake in Hilton Grand Vacations by 8.4% in the third quarter. Iridian Asset Management LLC CT now owns 311,673 shares of the company's stock valued at $11,320,000 after acquiring an additional 24,053 shares during the period. Finally, Reston Wealth Management LLC acquired a new position in Hilton Grand Vacations in the third quarter worth about $25,000. 97.23% of the stock is owned by institutional investors and hedge funds.

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.