SG Americas Securities LLC Raises Position in Hilton Grand Vacations Inc. (NYSE:HGV)

SG Americas Securities LLC boosted its position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 280.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,736 shares of the company's stock after purchasing an additional 23,405 shares during the period. SG Americas Securities LLC's holdings in Hilton Grand Vacations were worth $1,153,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. GSA Capital Partners LLP acquired a new position in shares of Hilton Grand Vacations during the first quarter worth $884,000. Vanguard Group Inc. grew its position in shares of Hilton Grand Vacations by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 7,546,080 shares of the company's stock valued at $356,250,000 after buying an additional 77,934 shares during the last quarter. Khrom Capital Management LLC acquired a new stake in shares of Hilton Grand Vacations in the second quarter valued at about $3,872,000. Berylson Capital Partners LLC raised its position in shares of Hilton Grand Vacations by 94.1% during the fourth quarter. Berylson Capital Partners LLC now owns 84,800 shares of the company's stock worth $3,407,000 after acquiring an additional 41,100 shares during the last quarter. Finally, Hantz Financial Services Inc. bought a new position in shares of Hilton Grand Vacations during the second quarter worth about $2,694,000. 97.23% of the stock is currently owned by institutional investors.

Hilton Grand Vacations Stock Up 2.0 %

HGV stock traded up $0.70 during trading on Friday, reaching $35.73. 528,622 shares of the stock were exchanged, compared to its average volume of 775,734. The company has a current ratio of 4.36, a quick ratio of 2.97 and a debt-to-equity ratio of 3.18. Hilton Grand Vacations Inc. has a twelve month low of $33.13 and a twelve month high of $49.02. The firm's 50 day moving average is $36.88 and its 200 day moving average is $40.51. The firm has a market cap of $3.63 billion, a P/E ratio of 24.98, a price-to-earnings-growth ratio of 1.88 and a beta of 1.83.

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on HGV shares. The Goldman Sachs Group initiated coverage on shares of Hilton Grand Vacations in a research report on Wednesday, September 18th. They set a "sell" rating and a $31.00 target price for the company. Mizuho decreased their price objective on shares of Hilton Grand Vacations from $63.00 to $57.00 and set an "outperform" rating for the company in a research report on Friday, August 9th. StockNews.com lowered shares of Hilton Grand Vacations from a "hold" rating to a "sell" rating in a report on Monday, August 12th. Truist Financial decreased their price target on Hilton Grand Vacations from $71.00 to $52.00 and set a "buy" rating for the company in a report on Thursday, September 5th. Finally, Barclays lowered their price objective on Hilton Grand Vacations from $54.00 to $40.00 and set an "overweight" rating for the company in a research report on Friday, August 9th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $43.71.

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.