Hilton Grand Vacations (NYSE:HGV) Sets New 12-Month Low - What's Next?

Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $30.59 and last traded at $36.45, with a volume of 2224396 shares changing hands. The stock had previously closed at $31.80.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a research report on Monday, January 6th. They set an "overweight" rating and a $47.00 target price for the company. Barclays boosted their target price on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. Mizuho lifted their price objective on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a research report on Friday, February 28th. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Finally, Truist Financial increased their price objective on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a report on Friday, March 7th. One investment 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. According to data from MarketBeat, Hilton Grand Vacations has an average rating of "Hold" and an average price target of $45.75.

Hilton Grand Vacations Trading Up 0.2 %

The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 37.78, a P/E/G ratio of 2.20 and a beta of 1.68. 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 business's 50-day simple moving average is $38.52 and its 200-day simple moving average is $39.20.

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

Institutional Trading of Hilton Grand Vacations

A number of institutional investors and hedge funds have recently modified their holdings of HGV. Barclays PLC increased its stake in Hilton Grand Vacations by 330.8% in the third quarter. Barclays PLC now owns 246,131 shares of the company's stock valued at $8,941,000 after purchasing an additional 188,997 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Hilton Grand Vacations by 17.8% during the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company's stock worth $117,402,000 after acquiring an additional 499,067 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Hilton Grand Vacations by 38,000.0% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 9,525 shares of the company's stock valued at $371,000 after acquiring an additional 9,500 shares during the period. Crossmark Global Holdings Inc. acquired a new stake in shares of Hilton Grand Vacations during the fourth quarter worth about $204,000. Finally, PB Investment Partners L.P. lifted its holdings in shares of Hilton Grand Vacations by 5.9% during the 4th quarter. PB Investment Partners L.P. now owns 571,414 shares of the company's stock valued at $22,257,000 after purchasing an additional 31,939 shares in the last quarter. 97.23% of the stock is owned by institutional investors.

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.