Independent Family Office LLC Invests $627,000 in Hilton Grand Vacations Inc. (NYSE:HGV)

Independent Family Office LLC bought a new position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,085 shares of the company's stock, valued at approximately $627,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HGV. State of New Jersey Common Pension Fund D grew its position in shares of Hilton Grand Vacations by 13.7% during the third quarter. State of New Jersey Common Pension Fund D now owns 51,885 shares of the company's stock worth $1,884,000 after acquiring an additional 6,245 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Hilton Grand Vacations by 16.9% during the third quarter. Victory Capital Management Inc. now owns 17,140 shares of the company's stock valued at $623,000 after buying an additional 2,477 shares during the last quarter. Intech Investment Management LLC acquired a new position in shares of Hilton Grand Vacations during the third quarter worth approximately $2,385,000. Cerity Partners LLC grew its holdings in Hilton Grand Vacations by 156.1% in the 3rd quarter. Cerity Partners LLC now owns 22,980 shares of the company's stock worth $835,000 after buying an additional 14,007 shares in the last quarter. Finally, Okabena Investment Services Inc. increased its position in Hilton Grand Vacations by 14.1% in the 3rd quarter. Okabena Investment Services Inc. now owns 28,869 shares of the company's stock valued at $1,049,000 after acquiring an additional 3,567 shares during the period. 97.23% of the stock is currently owned by institutional investors and hedge funds.

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Hilton Grand Vacations Stock Down 0.2 %

Hilton Grand Vacations stock traded down $0.08 during mid-day trading on Friday, hitting $37.66. 1,277,444 shares of the company's stock were exchanged, compared to its average volume of 799,901. Hilton Grand Vacations Inc. has a 1-year low of $33.21 and a 1-year high of $47.81. The stock has a 50 day moving average of $40.35 and a two-hundred day moving average of $39.34. The stock has a market cap of $3.59 billion, a P/E ratio of 42.79, a P/E/G ratio of 2.20 and a beta of 1.84. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates 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 net margin of 2.01% and a return on equity of 16.44%. As a group, analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on HGV shares. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Mizuho increased their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a research note on Friday, February 28th. Truist Financial boosted their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. The Goldman Sachs Group lifted their target price on Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a "sell" rating in a report on Tuesday, March 4th. Finally, Barclays boosted their price target on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a research report on Friday, February 28th. One investment 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's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $47.25.

Hilton Grand Vacations 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.