Analysts Set Hilton Grand Vacations Inc. (NYSE:HGV) Price Target at $43.71

Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) has received a consensus recommendation of "Hold" from the seven research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $43.71.

Several research firms have issued reports on HGV. Mizuho lowered their target price on shares of Hilton Grand Vacations from $63.00 to $57.00 and set an "outperform" rating on the stock in a research note on Friday, August 9th. StockNews.com cut shares of Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research report on Monday, August 12th. Truist Financial lowered their price objective on shares of Hilton Grand Vacations from $71.00 to $52.00 and set a "buy" rating on the stock in a research report on Thursday, September 5th. JPMorgan Chase & Co. cut shares of Hilton Grand Vacations from an "overweight" rating to a "neutral" rating and lowered their price objective for the company from $55.00 to $36.00 in a research report on Friday, August 9th. Finally, Barclays lowered their price objective on shares of Hilton Grand Vacations from $54.00 to $40.00 and set an "overweight" rating on the stock in a research report on Friday, August 9th.

Hilton Grand Vacations Price Performance

NYSE HGV traded down $0.69 on Tuesday, hitting $37.00. The stock had a trading volume of 572,176 shares, compared to its average volume of 775,170. Hilton Grand Vacations has a 52-week low of $33.13 and a 52-week high of $49.02. The company has a debt-to-equity ratio of 3.18, a quick ratio of 2.97 and a current ratio of 4.36. The company has a market capitalization of $3.84 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.88 and a beta of 1.83. The firm has a 50-day moving average of $36.95 and a 200-day moving average of $39.90.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.27). Hilton Grand Vacations had a return on equity of 18.06% and a net margin of 3.57%. The firm had revenue of $1.24 billion during the quarter, compared to analysts' expectations of $1.33 billion. During the same quarter in the prior year, the company earned $0.85 earnings per share. The business's revenue for the quarter was up 22.6% compared to the same quarter last year. Equities analysts expect that Hilton Grand Vacations will post 3.55 EPS for the current year.

Hedge Funds Weigh In On Hilton Grand Vacations

Several institutional investors and hedge funds have recently made changes to their positions in the business. nVerses Capital LLC bought a new stake in Hilton Grand Vacations in the 2nd quarter worth $32,000. Blue Trust Inc. grew its holdings in Hilton Grand Vacations by 141.7% in 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 last quarter. Canada Pension Plan Investment Board bought a new stake in Hilton Grand Vacations in the 2nd quarter worth $93,000. Ashton Thomas Private Wealth LLC bought a new stake in Hilton Grand Vacations in the 2nd quarter worth $120,000. Finally, Waterway Wealth Management LLC bought a new stake in Hilton Grand Vacations in the 1st quarter worth $201,000. Institutional investors own 97.23% of the company's stock.

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.