Hilton Grand Vacations Inc. (NYSE:HGV) Holdings Boosted by Vanguard Group Inc.

Vanguard Group Inc. boosted its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 0.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,468,146 shares of the company’s stock after purchasing an additional 8,503 shares during the period. Vanguard Group Inc. owned 7.15% of Hilton Grand Vacations worth $300,070,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Quest Partners LLC acquired a new position in Hilton Grand Vacations in the 4th quarter worth about $142,000. Choreo LLC acquired a new position in Hilton Grand Vacations during the fourth quarter worth $201,000. O Shaughnessy Asset Management LLC increased its holdings in shares of Hilton Grand Vacations by 24.8% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 5,624 shares of the company’s stock valued at $229,000 after acquiring an additional 1,119 shares during the last quarter. Inceptionr LLC bought a new position in shares of Hilton Grand Vacations in the 4th quarter valued at approximately $267,000. Finally, Sherbrooke Park Advisers LLC acquired a new stake in Hilton Grand Vacations in the 3rd quarter worth approximately $277,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Trading Up 2.6 %

Shares of Hilton Grand Vacations stock opened at $40.43 on Friday. The company’s fifty day simple moving average is $41.70 and its 200-day simple moving average is $42.90. The company has a market cap of $4.19 billion, a price-to-earnings ratio of 19.07, a PEG ratio of 1.79 and a beta of 1.89. The company has a current ratio of 4.44, a quick ratio of 3.11 and a debt-to-equity ratio of 3.09. Hilton Grand Vacations Inc. has a 1 year low of $33.13 and a 1 year high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.08. Hilton Grand Vacations had a net margin of 5.62% and a return on equity of 19.41%. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the company earned $0.79 earnings per share. The business’s revenue was up 23.8% compared to the same quarter last year. As a group, sell-side analysts expect that Hilton Grand Vacations Inc. will post 3.74 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HGV. JPMorgan Chase & Co. assumed coverage on shares of Hilton Grand Vacations in a research report on Monday, April 15th. They issued an “overweight” rating and a $59.00 price target on the stock. Mizuho initiated coverage on Hilton Grand Vacations in a research note on Tuesday, March 26th. They issued a “buy” rating and a $63.00 price objective on the stock. Finally, Truist Financial increased their target price on Hilton Grand Vacations from $70.00 to $71.00 and gave the company a “buy” rating in a research note on Tuesday, May 28th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Hilton Grand Vacations has a consensus rating of “Moderate Buy” and an average price target of $58.71.

About Hilton Grand Vacations

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, manages, and operates the resorts, plans and ancillary reservation services under the Hilton Grand Vacations brand. It operates through Real Estate Sales and Financing, and Resort Operations and Club Management segments. Real Estate Sales and Financing segment market and sells the VOIs, and source VOIs through fee-for-service agreements with third-party developers; and provides consumer financing and services loans.