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

Hilton Grand Vacations Inc. (NYSE:HGV) has received an average recommendation of “Hold” from the ten analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $52.8750.

Several analysts have recently commented on HGV shares. Truist Financial reduced their price objective on shares of Hilton Grand Vacations from $62.00 to $59.00 and set a “buy” rating for the company in a research report on Friday, November 14th. Zacks Research upgraded shares of Hilton Grand Vacations from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $49.00 price target on shares of Hilton Grand Vacations in a research note on Friday. Wells Fargo & Company initiated coverage on shares of Hilton Grand Vacations in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $42.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Hilton Grand Vacations in a research report on Monday, December 29th.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock opened at $46.70 on Thursday. The company has a market cap of $3.99 billion, a P/E ratio of 84.91, a PEG ratio of 3.12 and a beta of 1.48. The company has a current ratio of 5.02, a quick ratio of 3.12 and a debt-to-equity ratio of 4.67. The business has a 50-day moving average price of $43.50 and a two-hundred day moving average price of $44.50. Hilton Grand Vacations has a 1-year low of $30.59 and a 1-year high of $52.08.

Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Thursday, October 30th. The company reported $0.60 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.41). The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.37 billion. Hilton Grand Vacations had a net margin of 1.06% and a return on equity of 9.52%. The firm’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.67 EPS. As a group, analysts anticipate that Hilton Grand Vacations will post 3.39 EPS for the current year.

Insider Buying and Selling at Hilton Grand Vacations

In related news, insider Charles R. Jr. Corbin sold 30,426 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $41.81, for a total value of $1,272,111.06. Following the transaction, the insider directly owned 60,270 shares in the company, valued at $2,519,888.70. This trade represents a 33.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of HGV. Allspring Global Investments Holdings LLC grew its holdings in shares of Hilton Grand Vacations by 9.6% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,595 shares of the company’s stock valued at $385,000 after buying an additional 750 shares during the last quarter. Hennion & Walsh Asset Management Inc. bought a new position in Hilton Grand Vacations in the 4th quarter valued at about $420,000. Exchange Traded Concepts LLC boosted its stake in Hilton Grand Vacations by 218.4% during the 4th quarter. Exchange Traded Concepts LLC now owns 80,929 shares of the company’s stock valued at $3,622,000 after purchasing an additional 55,514 shares during the last quarter. SG Americas Securities LLC increased its holdings in Hilton Grand Vacations by 57.1% during the 4th quarter. SG Americas Securities LLC now owns 25,358 shares of the company’s stock worth $1,135,000 after purchasing an additional 9,217 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Hilton Grand Vacations by 60.6% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the company’s stock worth $41,000 after purchasing an additional 349 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.