Flinton Capital Management LLC raised its stake in shares of Hilton Grand Vacations Inc (NYSE:HGV) by 25.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,604 shares of the company’s stock after acquiring an additional 7,684 shares during the quarter. Flinton Capital Management LLC’s holdings in Hilton Grand Vacations were worth $1,305,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HGV. Wells Fargo & Company MN boosted its position in Hilton Grand Vacations by 12.3% during the 1st quarter. Wells Fargo & Company MN now owns 3,092,794 shares of the company’s stock valued at $133,054,000 after acquiring an additional 339,549 shares in the last quarter. Rhumbline Advisers boosted its position in Hilton Grand Vacations by 18.8% during the 1st quarter. Rhumbline Advisers now owns 82,331 shares of the company’s stock valued at $3,542,000 after acquiring an additional 13,047 shares in the last quarter. SG Americas Securities LLC boosted its position in Hilton Grand Vacations by 40.7% during the 1st quarter. SG Americas Securities LLC now owns 5,923 shares of the company’s stock valued at $255,000 after acquiring an additional 1,712 shares in the last quarter. Mackay Shields LLC bought a new stake in Hilton Grand Vacations during the 1st quarter valued at $5,394,000. Finally, Meeder Asset Management Inc. boosted its position in Hilton Grand Vacations by 515.2% during the 1st quarter. Meeder Asset Management Inc. now owns 5,315 shares of the company’s stock valued at $228,000 after acquiring an additional 4,451 shares in the last quarter. 97.88% of the stock is currently owned by institutional investors and hedge funds.

HGV has been the subject of a number of recent analyst reports. Credit Suisse Group initiated coverage on Hilton Grand Vacations in a research report on Friday, May 18th. They issued an “outperform” rating and a $48.00 price objective for the company. Jefferies Financial Group initiated coverage on Hilton Grand Vacations in a research report on Monday, July 16th. They issued a “hold” rating and a $38.00 price objective for the company. Wolfe Research initiated coverage on Hilton Grand Vacations in a research report on Friday, June 8th. They issued an “outperform” rating for the company. Finally, Zacks Investment Research raised Hilton Grand Vacations from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a research report on Thursday, July 5th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $44.60.

Hilton Grand Vacations stock opened at $31.75 on Monday. The company has a quick ratio of 3.63, a current ratio of 5.01 and a debt-to-equity ratio of 2.40. The firm has a market capitalization of $3.08 billion, a PE ratio of 13.51, a price-to-earnings-growth ratio of 1.77 and a beta of 0.65. Hilton Grand Vacations Inc has a 1-year low of $30.94 and a 1-year high of $47.75.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, August 2nd. The company reported $1.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.11 by ($0.01). The business had revenue of $563.00 million during the quarter, compared to analyst estimates of $582.86 million. Hilton Grand Vacations had a return on equity of 52.26% and a net margin of 20.13%. The firm’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 EPS. equities research analysts expect that Hilton Grand Vacations Inc will post 3 EPS for the current fiscal year.

In other news, Director Leonard Potter bought 25,000 shares of Hilton Grand Vacations stock in a transaction that occurred on Wednesday, August 15th. The stock was bought at an average price of $31.98 per share, for a total transaction of $799,500.00. Following the purchase, the director now directly owns 58,135 shares of the company’s stock, valued at approximately $1,859,157.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark D. Wang bought 16,000 shares of Hilton Grand Vacations stock in a transaction that occurred on Wednesday, August 15th. The stock was purchased at an average price of $31.91 per share, with a total value of $510,560.00. Following the purchase, the insider now directly owns 328,481 shares in the company, valued at $10,481,828.71. The disclosure for this purchase can be found here. 0.72% of the stock is owned by company insiders.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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Institutional Ownership by Quarter for Hilton Grand Vacations (NYSE:HGV)

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