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

Hilton Grand Vacations Inc. (NYSE:HGV) has been given a consensus rating of “Hold” by the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $53.5556.

HGV has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating in a report on Saturday, March 28th. Weiss Ratings raised shares of Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Jefferies Financial Group boosted their price target on shares of Hilton Grand Vacations from $46.00 to $50.00 and gave the stock a “hold” rating in a report on Monday, March 2nd. The Goldman Sachs Group reissued a “sell” rating and issued a $40.00 price target on shares of Hilton Grand Vacations in a report on Thursday, February 26th. Finally, Zacks Research raised shares of Hilton Grand Vacations from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 1st.

Hilton Grand Vacations Stock Performance

NYSE HGV opened at $46.21 on Friday. Hilton Grand Vacations has a 1 year low of $32.28 and a 1 year high of $52.08. The company has a debt-to-equity ratio of 5.04, a current ratio of 5.20 and a quick ratio of 3.17. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 50.78, a PEG ratio of 0.62 and a beta of 1.49. The company has a fifty day moving average price of $44.05 and a 200-day moving average price of $43.85.

Hilton Grand Vacations (NYSE:HGV) last issued 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). The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.38 billion. Hilton Grand Vacations had a return on equity of 11.90% and a net margin of 1.60%.Hilton Grand Vacations’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.49 earnings per share. As a group, equities research analysts predict that Hilton Grand Vacations will post 3.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Hilton Grand Vacations

A number of hedge funds and other institutional investors have recently made changes to their positions in HGV. EverSource Wealth Advisors LLC boosted its holdings in shares of Hilton Grand Vacations by 743.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 641 shares of the company’s stock worth $27,000 after buying an additional 565 shares during the last quarter. Bard Associates Inc. purchased a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $29,000. GAMMA Investing LLC boosted its holdings in shares of Hilton Grand Vacations by 60.6% in the 4th quarter. GAMMA Investing LLC now owns 925 shares of the company’s stock worth $41,000 after buying an additional 349 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $44,000. Finally, Quarry LP purchased a new position in shares of Hilton Grand Vacations in the 3rd quarter worth about $44,000. 97.23% of the stock is owned by hedge funds and other institutional investors.

Hilton Grand Vacations Company Profile

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.