UBS Group AG lessened its position in Hilton Grand Vacations Inc. (NYSE:HGV – Free Report) by 85.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 322,467 shares of the company’s stock after selling 1,935,924 shares during the quarter. UBS Group AG owned 0.38% of Hilton Grand Vacations worth $14,430,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the company. Quent Capital LLC lifted its holdings in shares of Hilton Grand Vacations by 2,890.2% in the 4th quarter. Quent Capital LLC now owns 6,399 shares of the company’s stock worth $286,000 after acquiring an additional 6,185 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in shares of Hilton Grand Vacations in the 4th quarter worth about $383,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Hilton Grand Vacations by 7.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,445 shares of the company’s stock worth $1,004,000 after acquiring an additional 1,650 shares during the last quarter. Iridian Asset Management LLC CT lifted its holdings in shares of Hilton Grand Vacations by 69.7% in the 4th quarter. Iridian Asset Management LLC CT now owns 464,964 shares of the company’s stock worth $20,807,000 after acquiring an additional 190,909 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in Hilton Grand Vacations by 9.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,595 shares of the company’s stock worth $385,000 after buying an additional 750 shares during the period. Institutional investors own 97.23% of the company’s stock.
Hilton Grand Vacations Trading Up 0.1%
HGV stock opened at $45.17 on Thursday. The company has a market capitalization of $3.60 billion, a PE ratio of 24.16, a P/E/G ratio of 0.54 and a beta of 1.49. Hilton Grand Vacations Inc. has a 12 month low of $36.79 and a 12 month high of $52.08. The firm’s 50-day moving average is $43.91 and its 200 day moving average is $44.12. The company has a debt-to-equity ratio of 5.41, a current ratio of 4.33 and a quick ratio of 2.64.
Analyst Upgrades and Downgrades
HGV has been the topic of several recent analyst reports. Citizens Jmp raised their price target on shares of Hilton Grand Vacations from $50.00 to $55.00 and gave the stock a “market outperform” rating in a research note on Monday, March 9th. Jefferies Financial Group raised their price target on shares of Hilton Grand Vacations from $46.00 to $50.00 and gave the stock a “hold” rating in a research note on Monday, March 2nd. Wells Fargo & Company reduced their price target on shares of Hilton Grand Vacations from $49.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. Weiss Ratings raised shares of Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 17th. Finally, Mizuho reduced their price target on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $53.89.
Get Our Latest Stock Report on Hilton Grand Vacations
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.
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