Hilton Grand Vacations Inc. (NYSE:HGV) Stock Position Lessened by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC decreased its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 37.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,136 shares of the company's stock after selling 41,593 shares during the period. Moody Aldrich Partners LLC owned about 0.07% of Hilton Grand Vacations worth $2,475,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised 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 purchasing an additional 77,934 shares in the last quarter. Millennium Management LLC raised its holdings in Hilton Grand Vacations by 44.5% in the second quarter. Millennium Management LLC now owns 2,269,405 shares of the company's stock valued at $91,752,000 after acquiring an additional 698,664 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Hilton Grand Vacations by 9.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,953,170 shares of the company's stock valued at $78,961,000 after acquiring an additional 162,459 shares during the last quarter. Long Pond Capital LP grew its holdings in Hilton Grand Vacations by 218.0% during the 2nd quarter. Long Pond Capital LP now owns 1,200,920 shares of the company's stock worth $48,553,000 after acquiring an additional 823,228 shares in the last quarter. Finally, Iridian Asset Management LLC CT increased its position in shares of Hilton Grand Vacations by 63.9% in the 2nd quarter. Iridian Asset Management LLC CT now owns 287,620 shares of the company's stock worth $11,628,000 after purchasing an additional 112,117 shares during the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Stock Performance

HGV traded up $0.81 during trading on Thursday, reaching $37.45. 488,622 shares of the company were exchanged, compared to its average volume of 773,521. Hilton Grand Vacations Inc. has a 52 week low of $33.13 and a 52 week high of $49.02. The company has a current ratio of 4.36, a quick ratio of 2.97 and a debt-to-equity ratio of 3.18. The firm has a 50 day moving average of $37.00 and a 200 day moving average of $39.86. The stock has a market cap of $3.88 billion, a P/E ratio of 17.67, a PEG ratio of 1.88 and a beta of 1.83.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly 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). The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.33 billion. Hilton Grand Vacations had a net margin of 3.57% and a return on equity of 18.06%. The business's revenue was up 22.6% compared to the same quarter last year. During the same period last year, the firm posted $0.85 EPS. On average, sell-side analysts forecast that Hilton Grand Vacations Inc. will post 3.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HGV has been the topic of several research analyst reports. JPMorgan Chase & Co. cut shares of Hilton Grand Vacations from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $55.00 to $36.00 in a research report on Friday, August 9th. The Goldman Sachs Group initiated coverage on Hilton Grand Vacations in a report on Wednesday, September 18th. They set a "sell" rating and a $31.00 target price on the stock. Barclays lowered their price target on Hilton Grand Vacations from $54.00 to $40.00 and set an "overweight" rating for the company in a report on Friday, August 9th. Truist Financial reduced their price objective on Hilton Grand Vacations from $71.00 to $52.00 and set a "buy" rating on the stock in a research note on Thursday, September 5th. Finally, 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 report on Friday, August 9th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Hilton Grand Vacations currently has a consensus rating of "Hold" and an average price target of $43.71.

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.