Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by Homestead Advisers Corp

Homestead Advisers Corp lessened its position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 29.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,300 shares of the company's stock after selling 32,100 shares during the period. Homestead Advisers Corp owned about 0.08% of Hilton Grand Vacations worth $3,050,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HGV. Victory Capital Management Inc. raised its holdings in Hilton Grand Vacations by 16.9% in the 3rd quarter. Victory Capital Management Inc. now owns 17,140 shares of the company's stock valued at $623,000 after acquiring an additional 2,477 shares during the last quarter. Cerity Partners LLC increased its stake in Hilton Grand Vacations by 156.1% during the third quarter. Cerity Partners LLC now owns 22,980 shares of the company's stock worth $835,000 after acquiring an additional 14,007 shares during the last quarter. FMR LLC raised its holdings in shares of Hilton Grand Vacations by 39.0% in the 3rd quarter. FMR LLC now owns 3,271,387 shares of the company's stock worth $118,817,000 after purchasing an additional 917,397 shares during the period. Quantbot Technologies LP acquired a new position in shares of Hilton Grand Vacations in the 3rd quarter valued at about $484,000. Finally, BNP Paribas Financial Markets grew its holdings in shares of Hilton Grand Vacations by 92.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 56,781 shares of the company's stock worth $2,062,000 after purchasing an additional 27,313 shares during the period. Hedge funds and other institutional investors own 97.23% of the company's stock.

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Wall Street Analysts Forecast Growth

HGV has been the topic of a number of recent research reports. Morgan Stanley started coverage on shares of Hilton Grand Vacations in a research report on Monday, January 6th. They set an "overweight" rating and a $47.00 price target on the stock. JMP Securities reduced their target price on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a "market outperform" rating on the stock in a report on Wednesday, December 18th. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Barclays raised their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Finally, The Goldman Sachs Group upped their target price on Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a "sell" rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $47.25.

Hilton Grand Vacations Stock Down 0.8 %

HGV traded down $0.30 on Monday, reaching $37.07. The company's stock had a trading volume of 227,395 shares, compared to its average volume of 823,742. Hilton Grand Vacations Inc. has a 1 year low of $33.21 and a 1 year high of $47.37. The business's 50 day moving average is $40.25 and its 200 day moving average is $39.44. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 42.13, a price-to-earnings-growth ratio of 2.20 and a beta of 1.84.

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 business had revenue of $1.28 billion for the quarter, compared to analysts' expectations 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, research analysts forecast that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

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.