TFJ Management LLC Acquires New Position in Hilton Grand Vacations Inc. (NYSE:HGV)

TFJ Management LLC bought a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 91,670 shares of the company's stock, valued at approximately $3,571,000. Hilton Grand Vacations makes up 3.2% of TFJ Management LLC's investment portfolio, making the stock its 10th biggest position. TFJ Management LLC owned approximately 0.09% of Hilton Grand Vacations at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Covestor Ltd grew its stake in shares of Hilton Grand Vacations by 432.4% in the 4th quarter. Covestor Ltd now owns 1,283 shares of the company's stock worth $50,000 after buying an additional 1,042 shares in the last quarter. KBC Group NV increased its stake 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 purchasing an additional 889 shares during the period. Aigen Investment Management LP purchased a new position in Hilton Grand Vacations in the 4th quarter worth about $200,000. Crossmark Global Holdings Inc. purchased a new stake in Hilton Grand Vacations in the 4th quarter valued at about $204,000. Finally, FourThought Financial Partners LLC bought a new position in Hilton Grand Vacations in the 4th quarter worth about $232,000. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Stock Up 1.0 %

NYSE HGV traded up $0.34 during trading on Wednesday, hitting $33.71. The company's stock had a trading volume of 1,323,640 shares, compared to its average volume of 879,899. 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 cap of $3.19 billion, a PE ratio of 38.31, a P/E/G ratio of 2.20 and a beta of 1.68. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. The business's 50 day simple moving average is $37.46 and its 200-day simple moving average is $39.05.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its earnings results 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 firm had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.28 billion. On average, equities analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on HGV shares. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Mizuho upped their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, February 28th. Barclays lifted their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. Truist Financial upped their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. Finally, The Goldman Sachs Group cut their target price on Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating on the stock in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $44.63.

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.