Carlos Hernandez Sells 5,595 Shares of Hilton Grand Vacations (NYSE:HGV) Stock

Hilton Grand Vacations Inc. (NYSE:HGVGet Free Report) insider Carlos Hernandez sold 5,595 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $46.69, for a total transaction of $261,230.55. Following the completion of the sale, the insider directly owned 14,080 shares of the company’s stock, valued at $657,395.20. This trade represents a 28.44% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Hilton Grand Vacations Trading Up 0.3%

Shares of Hilton Grand Vacations stock traded up $0.17 during trading on Thursday, reaching $48.94. The company’s stock had a trading volume of 695,990 shares, compared to its average volume of 805,184. Hilton Grand Vacations Inc. has a 52-week low of $36.79 and a 52-week high of $52.08. The company has a market cap of $3.90 billion, a price-to-earnings ratio of 26.17, a PEG ratio of 0.69 and a beta of 1.49. The firm’s 50-day moving average is $44.11 and its two-hundred day moving average is $44.19. The company has a quick ratio of 2.64, a current ratio of 4.33 and a debt-to-equity ratio of 5.41.

Hilton Grand Vacations (NYSE:HGVGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.43. Hilton Grand Vacations had a net margin of 3.16% and a return on equity of 17.62%. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the company earned $0.09 EPS. The firm’s revenue was up 11.9% on a year-over-year basis. On average, sell-side analysts anticipate that Hilton Grand Vacations Inc. will post 3.03 earnings per share for the current year.

Institutional Investors Weigh In On Hilton Grand Vacations

Several institutional investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp boosted its position in Hilton Grand Vacations by 5.7% during the 4th quarter. Fifth Third Bancorp now owns 4,449 shares of the company’s stock valued at $199,000 after buying an additional 238 shares during the period. Quadrant Capital Group LLC boosted its position in Hilton Grand Vacations by 13.2% during the 4th quarter. Quadrant Capital Group LLC now owns 2,501 shares of the company’s stock valued at $112,000 after buying an additional 291 shares during the period. Waterway Wealth Management LLC boosted its position in Hilton Grand Vacations by 4.3% during the 3rd quarter. Waterway Wealth Management LLC now owns 7,950 shares of the company’s stock valued at $332,000 after buying an additional 325 shares during the period. GAMMA Investing LLC boosted its position in Hilton Grand Vacations by 60.6% during the 4th quarter. GAMMA Investing LLC now owns 925 shares of the company’s stock valued at $41,000 after buying an additional 349 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its position in Hilton Grand Vacations by 3.4% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 12,322 shares of the company’s stock valued at $482,000 after buying an additional 400 shares during the period. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Wall Street Analysts Forecast Growth

HGV has been the subject of a number of research reports. Barclays upped their price objective on shares of 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. Jefferies Financial Group upped their price objective on shares of Hilton Grand Vacations from $46.00 to $50.00 and gave the company a “hold” rating in a research note on Monday, March 2nd. Wells Fargo & Company dropped their price target on shares of Hilton Grand Vacations from $49.00 to $47.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. Mizuho dropped their price target on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Finally, Weiss Ratings raised shares of Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $55.22.

View Our Latest Stock Report on Hilton Grand Vacations

About Hilton Grand Vacations

(Get Free Report)

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.

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