Yousif Capital Management LLC Decreases Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Yousif Capital Management LLC trimmed its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 5.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,127 shares of the company’s stock after selling 1,387 shares during the quarter. Yousif Capital Management LLC’s holdings in Hilton Grand Vacations were worth $862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of HGV. Reston Wealth Management LLC purchased a new position in Hilton Grand Vacations during the third quarter valued at $25,000. Blue Trust Inc. raised its stake in shares of Hilton Grand Vacations by 141.7% in the third quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock worth $36,000 after buying an additional 588 shares during the period. KBC Group NV lifted its position in shares of Hilton Grand Vacations by 41.2% during the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after buying an additional 889 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in shares of Hilton Grand Vacations during the 4th quarter valued at approximately $204,000. Finally, Wittenberg Investment Management Inc. purchased a new stake in Hilton Grand Vacations in the 3rd quarter worth approximately $345,000. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Grand Vacations Trading Up 0.9 %

Shares of Hilton Grand Vacations stock opened at $42.67 on Friday. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. Hilton Grand Vacations Inc. has a twelve month low of $33.21 and a twelve month high of $49.02. The firm has a market capitalization of $4.20 billion, a PE ratio of 48.48, a P/E/G ratio of 2.24 and a beta of 1.85. The firm’s 50-day moving average price is $40.22 and its 200 day moving average price is $39.01.

Analyst Ratings Changes

HGV has been the topic of several research analyst reports. Mizuho lowered their price objective on Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 12th. Barclays reissued an “equal weight” rating and issued a $41.00 price target (down from $44.00) on shares of Hilton Grand Vacations in a report on Friday, December 13th. Truist Financial dropped their price target on Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective on the stock. Finally, The Goldman Sachs Group upped their target price on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Hilton Grand Vacations currently has a consensus rating of “Hold” and an average price target of $44.00.

Insider Activity

In related news, insider Charles R. Jr. Corbin sold 49,389 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $41.55, for a total value of $2,052,112.95. Following the completion of the transaction, the insider now directly owns 88,532 shares of the company’s stock, valued at $3,678,504.60. This represents a 35.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $42.10, for a total transaction of $168,400,000.00. Following the completion of the transaction, the insider now directly owns 26,295,825 shares in the company, valued at $1,107,054,232.50. This trade represents a 13.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.

Hilton Grand Vacations Company Profile

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.