Hilton Grand Vacations Inc. (NYSE:HGV) Given Consensus Recommendation of “Hold” by Analysts

Hilton Grand Vacations Inc. (NYSE:HGV) has been given an average rating of “Hold” by the eleven ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $52.3333.

A number of research analysts have recently commented on HGV shares. Jefferies Financial Group boosted their target price on shares of Hilton Grand Vacations from $46.00 to $50.00 and gave the stock a “hold” rating in a research report on Monday, March 2nd. Wall Street Zen raised shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. The Goldman Sachs Group reiterated a “sell” rating and issued a $40.00 price objective on shares of Hilton Grand Vacations in a report on Thursday, February 26th. Zacks Research raised shares of Hilton Grand Vacations from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Finally, Mizuho lowered their target price on Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating for the company in a research note on Friday, February 27th.

Hilton Grand Vacations Stock Performance

Shares of NYSE:HGV opened at $40.50 on Tuesday. The company has a market cap of $3.29 billion, a P/E ratio of 44.50, a PEG ratio of 0.56 and a beta of 1.49. The company has a debt-to-equity ratio of 5.04, a quick ratio of 3.17 and a current ratio of 5.20. Hilton Grand Vacations has a one year low of $30.59 and a one year high of $52.08. The business’s 50-day simple moving average is $44.03 and its 200 day simple moving average is $43.60.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.88 earnings per share for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.17). Hilton Grand Vacations had a return on equity of 11.90% and a net margin of 1.60%.The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the company earned $0.49 EPS. The firm’s revenue was up 3.8% compared to the same quarter last year. On average, sell-side analysts forecast that Hilton Grand Vacations will post 3.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hilton Grand Vacations

Hedge funds have recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership raised its position in shares of Hilton Grand Vacations by 489.6% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,582,535 shares of the company’s stock valued at $66,166,000 after purchasing an additional 1,314,117 shares in the last quarter. Norges Bank purchased a new position in shares of Hilton Grand Vacations during the 4th quarter valued at approximately $32,871,000. Marshall Wace LLP grew its position in shares of Hilton Grand Vacations by 142.6% during the third quarter. Marshall Wace LLP now owns 1,163,538 shares of the company’s stock worth $48,648,000 after buying an additional 684,025 shares in the last quarter. UBS Group AG increased its stake in shares of Hilton Grand Vacations by 34.4% in the third quarter. UBS Group AG now owns 2,258,391 shares of the company’s stock worth $94,423,000 after buying an additional 577,772 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Hilton Grand Vacations by 36.8% in the fourth quarter. Franklin Resources Inc. now owns 1,936,994 shares of the company’s stock worth $86,680,000 after buying an additional 521,109 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

About Hilton Grand Vacations

Hilton Grand Vacations Inc is a leading developer and marketer of premium vacation ownership resorts. The company specializes in selling timeshare interests in vacation properties under the Hilton Grand Vacations brand, enabling members to purchase deeded real estate interests and utilize a points-based system for booking stays. Alongside new sales, the company provides ongoing management services for its portfolio of resorts, ensuring high standards of guest services, resort maintenance, and member engagement through its proprietary technology platform.

In addition to vacation ownership sales, Hilton Grand Vacations offers a comprehensive suite of membership benefits.