Sei Investments Co. Has $1.46 Million Position in Hilton Grand Vacations Inc. (NYSE:HGV)

Sei Investments Co. trimmed its holdings in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 19.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,386 shares of the company's stock after selling 9,214 shares during the quarter. Sei Investments Co.'s holdings in Hilton Grand Vacations were worth $1,456,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Franklin Resources Inc. raised its position in shares of Hilton Grand Vacations by 17.8% in the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company's stock valued at $117,402,000 after purchasing an additional 499,067 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Hilton Grand Vacations by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 892,057 shares of the company's stock valued at $34,746,000 after buying an additional 30,019 shares during the last quarter. AlphaQuest LLC raised its holdings in Hilton Grand Vacations by 186,169.2% in the 4th quarter. AlphaQuest LLC now owns 24,215 shares of the company's stock worth $943,000 after acquiring an additional 24,202 shares during the period. Independent Family Office LLC acquired a new position in Hilton Grand Vacations during the 4th quarter worth $627,000. Finally, Barclays PLC boosted its holdings in Hilton Grand Vacations by 330.8% during the third quarter. Barclays PLC now owns 246,131 shares of the company's stock valued at $8,941,000 after acquiring an additional 188,997 shares during the period. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Stock Performance

HGV traded down $0.01 during trading on Friday, reaching $33.95. 1,377,584 shares of the company's stock were exchanged, compared to its average volume of 860,936. Hilton Grand Vacations Inc. has a fifty-two week low of $30.59 and a fifty-two week high of $45.48. The company has a market capitalization of $3.21 billion, a P/E ratio of 38.58, a PEG ratio of 2.20 and a beta of 1.68. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The business has a 50 day moving average price of $38.68 and a 200 day moving average price of $39.22.

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

Analyst Ratings Changes

A number of equities analysts have recently commented on HGV shares. Barclays lifted their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a research note on Friday, February 28th. Truist Financial upped their price target on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Morgan Stanley began coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They issued an "overweight" rating and a $47.00 price objective for the company. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Finally, The Goldman Sachs Group raised their price target on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a "sell" rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $47.25.

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.