48,100 Shares in Hilton Grand Vacations Inc. (NYSE:HGV) Acquired by Boulder Hill Capital Management LP

Boulder Hill Capital Management LP purchased a new stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 48,100 shares of the company's stock, valued at approximately $1,933,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Norges Bank purchased a new stake in shares of Hilton Grand Vacations during the fourth quarter worth $23,383,000. AQR Capital Management LLC raised its position in shares of Hilton Grand Vacations by 123.5% in the third quarter. AQR Capital Management LLC now owns 529,634 shares of the company's stock worth $21,556,000 after buying an additional 292,636 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its position in shares of Hilton Grand Vacations by 199.5% in the third quarter. Schonfeld Strategic Advisors LLC now owns 403,059 shares of the company's stock worth $16,404,000 after buying an additional 268,498 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Hilton Grand Vacations by 17.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,763,168 shares of the company's stock valued at $70,847,000 after buying an additional 267,567 shares during the period. Finally, Nordea Investment Management AB purchased a new position in Hilton Grand Vacations during the third quarter worth about $9,938,000. Institutional investors own 97.23% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Mizuho started coverage on Hilton Grand Vacations in a research report on Tuesday, March 26th. They set a "buy" rating and a $63.00 price target for the company. Truist Financial boosted their price target on shares of Hilton Grand Vacations from $70.00 to $71.00 and gave the stock a "buy" rating in a research note on Tuesday, May 28th. JMP Securities restated a "market outperform" rating and set a $55.00 price objective on shares of Hilton Grand Vacations in a research report on Friday, March 1st. Barclays lifted their price objective on shares of Hilton Grand Vacations from $47.00 to $54.00 and gave the stock an "overweight" rating in a report on Friday, March 1st. Finally, JPMorgan Chase & Co. assumed coverage on Hilton Grand Vacations in a research note on Monday, April 15th. They issued an "overweight" rating and a $59.00 target price on the stock. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $58.71.

Hilton Grand Vacations Trading Up 0.7 %

Shares of Hilton Grand Vacations stock traded up $0.27 during trading on Friday, reaching $41.33. The company's stock had a trading volume of 790,571 shares, compared to its average volume of 671,061. The company has a quick ratio of 3.11, a current ratio of 4.44 and a debt-to-equity ratio of 3.09. Hilton Grand Vacations Inc. has a 52-week low of $33.13 and a 52-week high of $49.02. The firm's 50-day moving average is $43.68 and its two-hundred day moving average is $42.41. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 19.50, a PEG ratio of 1.93 and a beta of 1.94.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. Hilton Grand Vacations had a return on equity of 19.41% and a net margin of 5.62%. The firm had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same period last year, the firm earned $0.79 earnings per share. The company's revenue for the quarter was up 23.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Hilton Grand Vacations Inc. will post 3.63 earnings per share for the current year.

Insider Activity

In other news, insider Charles R. Jr. Corbin sold 23,000 shares of the firm's stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $45.49, for a total transaction of $1,046,270.00. Following the transaction, the insider now directly owns 140,618 shares of the company's stock, valued at $6,396,712.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Charles R. Jr. Corbin sold 23,000 shares of Hilton Grand Vacations stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $45.49, for a total value of $1,046,270.00. Following the sale, the insider now directly owns 140,618 shares in the company, valued at approximately $6,396,712.82. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Jorge Pablo Brizi sold 28,000 shares of Hilton Grand Vacations stock in a transaction dated Thursday, March 28th. The shares were sold at an average price of $47.00, for a total transaction of $1,316,000.00. Following the sale, the insider now directly owns 51,855 shares in the company, valued at approximately $2,437,185. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,557 shares of company stock valued at $4,142,832. 2.30% of the stock is currently owned by insiders.

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.