GSA Capital Partners LLP Makes New Investment in Hilton Grand Vacations Inc. $HGV

GSA Capital Partners LLP purchased a new position in Hilton Grand Vacations Inc. (NYSE:HGV) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 37,572 shares of the company’s stock, valued at approximately $1,681,000.

A number of other institutional investors have also recently bought and sold shares of HGV. EverSource Wealth Advisors LLC increased its stake in 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 purchasing an additional 565 shares in the last quarter. GAMMA Investing LLC increased its stake in 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 purchasing an additional 349 shares in the last quarter. Quarry LP purchased a new position in Hilton Grand Vacations in the 3rd quarter worth about $44,000. State of Wyoming purchased a new position in Hilton Grand Vacations in the 3rd quarter worth about $56,000. Finally, Quadrant Capital Group LLC purchased a new position in Hilton Grand Vacations during the 3rd quarter valued at about $92,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Trading Down 1.2%

Shares of NYSE HGV opened at $46.04 on Wednesday. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 24.62, a PEG ratio of 0.70 and a beta of 1.49. The business has a 50 day simple moving average of $44.00 and a 200 day simple moving average of $44.14. Hilton Grand Vacations Inc. has a 52 week low of $36.79 and a 52 week high of $52.08. The company has a debt-to-equity ratio of 5.41, a quick ratio of 2.64 and a current ratio of 4.33.

Hilton Grand Vacations (NYSE:HGV) last posted its earnings results on Thursday, April 30th. The company reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.43. Hilton Grand Vacations had a return on equity of 17.62% and a net margin of 3.16%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the company earned $0.09 EPS. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, research analysts predict that Hilton Grand Vacations Inc. will post 3.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HGV. Morgan Stanley lifted their target price on Hilton Grand Vacations from $49.00 to $55.00 and gave the company an “equal weight” rating in a research note on Friday, April 10th. Truist Financial lifted their target price on Hilton Grand Vacations from $67.00 to $71.00 and gave the company a “buy” rating in a research note on Monday. Barclays lifted their target price on Hilton Grand Vacations from $48.00 to $51.00 and gave the company an “equal weight” rating in a research note on Friday, May 1st. Citizens Jmp boosted their price target on Hilton Grand Vacations from $50.00 to $55.00 and gave the company a “market outperform” rating in a research note on Monday, March 9th. Finally, Wall Street Zen raised Hilton Grand Vacations from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $55.22.

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.