Hilton Grand Vacations Inc (NYSE:HGV) Director Leonard Potter acquired 10,000 shares of Hilton Grand Vacations stock in a transaction that occurred on Monday, May 13th. The stock was acquired at an average cost of $27.50 per share, for a total transaction of $275,000.00. Following the completion of the purchase, the director now directly owns 72,348 shares of the company’s stock, valued at $1,989,570. The acquisition was disclosed in a filing with the SEC, which is available through this link.

Shares of HGV stock opened at $27.84 on Friday. Hilton Grand Vacations Inc has a 12 month low of $24.17 and a 12 month high of $40.65. The stock has a market cap of $2.51 billion, a PE ratio of 9.13, a PEG ratio of 1.14 and a beta of 1.66. The company has a current ratio of 5.12, a quick ratio of 3.77 and a debt-to-equity ratio of 2.78.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.58 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.05). Hilton Grand Vacations had a net margin of 15.51% and a return on equity of 56.92%. The firm had revenue of $450.00 million for the quarter, compared to analyst estimates of $455.20 million. During the same period in the previous year, the business posted $0.30 earnings per share. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. Equities analysts predict that Hilton Grand Vacations Inc will post 2.69 EPS for the current year.

Several hedge funds have recently made changes to their positions in the company. Pittenger & Anderson Inc. bought a new position in shares of Hilton Grand Vacations during the first quarter worth about $30,000. Quadrant Capital Group LLC raised its position in shares of Hilton Grand Vacations by 9,136.8% during the first quarter. Quadrant Capital Group LLC now owns 1,755 shares of the company’s stock worth $53,000 after acquiring an additional 1,736 shares during the last quarter. Quantamental Technologies LLC bought a new position in shares of Hilton Grand Vacations during the first quarter worth about $59,000. US Bancorp DE raised its position in shares of Hilton Grand Vacations by 136.0% during the first quarter. US Bancorp DE now owns 3,193 shares of the company’s stock worth $99,000 after acquiring an additional 1,840 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Hilton Grand Vacations by 10.8% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock worth $173,000 after acquiring an additional 639 shares during the last quarter.

HGV has been the topic of several research analyst reports. ValuEngine lowered Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Zacks Investment Research lowered Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Wednesday, February 6th. TheStreet raised Hilton Grand Vacations from a “c” rating to a “b-” rating in a research note on Tuesday, February 19th. SunTrust Banks raised their price objective on Hilton Grand Vacations to $51.00 and gave the company a “buy” rating in a research note on Friday, March 1st. They noted that the move was a valuation call. Finally, Credit Suisse Group reaffirmed an “outperform” rating and issued a $37.00 price objective on shares of Hilton Grand Vacations in a research note on Wednesday, March 20th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $37.33.

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Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, and operates vacation ownership 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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