Russell Investments Group Ltd. Has $1.36 Million Stock Position in Hilton Grand Vacations Inc. (NYSE:HGV)

Russell Investments Group Ltd. reduced its holdings in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 32.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 34,885 shares of the company's stock after selling 16,670 shares during the quarter. Russell Investments Group Ltd.'s holdings in Hilton Grand Vacations were worth $1,359,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of HGV. KBC Group NV increased its position in Hilton Grand Vacations by 41.2% in the fourth quarter. KBC Group NV now owns 3,046 shares of the company's stock worth $119,000 after buying an additional 889 shares during the period. Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations during the fourth quarter worth about $200,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Hilton Grand Vacations in the 4th quarter worth about $204,000. FourThought Financial Partners LLC bought a new stake in Hilton Grand Vacations in the 4th quarter valued at about $232,000. Finally, Cibc World Markets Corp acquired a new position in Hilton Grand Vacations during the 4th quarter valued at about $261,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Truist Financial lifted their price target on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a report on Friday, March 7th. Barclays lifted their target price on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Morgan Stanley cut their price objective on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, Mizuho increased their target price on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a research report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Hilton Grand Vacations presently has a consensus rating of "Hold" and an average price target of $44.63.

Hilton Grand Vacations Price Performance

HGV stock traded up $0.34 during trading hours on Wednesday, hitting $33.71. 1,323,640 shares of the stock traded hands, compared to its average volume of 878,305. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. The stock has a 50-day simple moving average of $37.46 and a 200 day simple moving average of $39.05. Hilton Grand Vacations Inc. has a one year low of $30.59 and a one year high of $45.48. The company has a market cap of $3.19 billion, a P/E ratio of 38.31, a P/E/G ratio of 2.20 and a beta of 1.68.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. Equities analysts forecast that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

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.