StockNews.com Upgrades Hilton Grand Vacations (NYSE:HGV) to "Hold"

Hilton Grand Vacations (NYSE:HGV - Get Free Report) was upgraded by research analysts at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Saturday.

Other equities analysts have also recently issued research reports about the stock. Truist Financial lowered their price objective on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. The Goldman Sachs Group lifted their price objective on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a "sell" rating in a research note on Tuesday, December 10th. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a report on Monday, January 6th. They issued an "overweight" rating and a $47.00 target price for the company. JMP Securities decreased their target price on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating for the company in a report on Wednesday, December 18th. Finally, Mizuho raised their target price on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $45.13.

Hilton Grand Vacations Price Performance

Hilton Grand Vacations stock traded down $0.45 during trading hours on Friday, hitting $42.45. 1,214,292 shares of the company traded hands, compared to its average volume of 805,917. The firm has a market cap of $4.18 billion, a P/E ratio of 48.24, a P/E/G ratio of 2.20 and a beta of 1.85. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The firm's 50-day simple moving average is $40.59 and its two-hundred day simple moving average is $39.32. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $47.81.

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 the consensus estimate of $0.89 by ($0.40). The company had revenue of $1.28 billion for 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%. As a group, analysts forecast that Hilton Grand Vacations will post 3.39 earnings per share for the current fiscal year.

Institutional Trading of Hilton Grand Vacations

Several institutional investors have recently made changes to their positions in HGV. Creative Planning boosted its holdings 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 worth $559,000 after purchasing an additional 2,245 shares during the period. Blue Trust Inc. lifted its stake in Hilton Grand Vacations by 141.7% in the third quarter. Blue Trust Inc. now owns 1,003 shares of the company's stock valued at $36,000 after acquiring an additional 588 shares during the last quarter. Reston Wealth Management LLC acquired a new stake in Hilton Grand Vacations in the third quarter valued at approximately $25,000. Olympiad Research LP acquired a new stake in Hilton Grand Vacations in the third quarter valued at approximately $576,000. Finally, State of New Jersey Common Pension Fund D lifted its stake in Hilton Grand Vacations by 13.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 51,885 shares of the company's stock valued at $1,884,000 after acquiring an additional 6,245 shares during the last quarter. 97.23% of the stock is currently owned by institutional investors and hedge funds.

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.