US Bancorp DE Has $279,000 Stock Position in Hilton Grand Vacations Inc. (NYSE:HGV)

US Bancorp DE reduced its position in Hilton Grand Vacations Inc. (NYSE:HGV) by 31.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,169 shares of the company’s stock after selling 3,346 shares during the period. US Bancorp DE’s holdings in Hilton Grand Vacations were worth $279,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. KBC Group NV lifted its stake in Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after purchasing an additional 889 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new stake in Hilton Grand Vacations during the fourth quarter worth approximately $204,000. FourThought Financial Partners LLC acquired a new stake in Hilton Grand Vacations during the fourth quarter worth approximately $232,000. Wittenberg Investment Management Inc. acquired a new stake in Hilton Grand Vacations during the third quarter worth approximately $345,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in Hilton Grand Vacations by 38,000.0% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 9,525 shares of the company’s stock worth $371,000 after acquiring an additional 9,500 shares during the last quarter. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Morgan Stanley assumed 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 for the company. JMP Securities cut their price objective on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research report on Wednesday, December 18th. The Goldman Sachs Group raised their price objective on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a “sell” rating in a research report on Tuesday, March 4th. Barclays raised their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Finally, Truist Financial lifted their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $47.25.

Hilton Grand Vacations Stock Up 3.8 %

NYSE HGV opened at $34.97 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 1-year low of $33.21 and a 1-year high of $47.81. The company has a 50 day moving average of $40.44 and a 200-day moving average of $39.37. The company has a market cap of $3.33 billion, a price-to-earnings ratio of 39.74, a PEG ratio of 2.20 and a beta of 1.84.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.40). The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. On average, equities research analysts expect that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Hilton Grand Vacations 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.