Brokerages Set Hilton Grand Vacations Inc. (NYSE:HGV) Price Target at $47.25

Hilton Grand Vacations Inc. (NYSE:HGV) has been assigned an average rating of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $47.25.

HGV has been the topic of several analyst reports. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Saturday, March 1st. The Goldman Sachs Group boosted their target price on Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a “sell” rating in a research report on Tuesday, March 4th. 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 target price on the stock. Truist Financial raised their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Finally, JMP Securities dropped their target price on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a report on Wednesday, December 18th.

Hilton Grand Vacations Stock Performance

Shares of HGV stock opened at $37.66 on Friday. Hilton Grand Vacations has a 52-week low of $33.21 and a 52-week high of $47.81. The stock’s 50-day moving average price is $40.34 and its 200 day moving average price is $39.36. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The stock has a market capitalization of $3.56 billion, a PE ratio of 42.79, a price-to-earnings-growth ratio of 2.20 and a beta of 1.84.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.28 billion. As a group, equities research analysts forecast that Hilton Grand Vacations will post 3.39 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Hilton Grand Vacations by 23.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 176,665 shares of the company’s stock worth $6,881,000 after purchasing an additional 33,931 shares during the period. Voloridge Investment Management LLC acquired a new position in Hilton Grand Vacations during the fourth quarter valued at approximately $814,000. Wolverine Trading LLC purchased a new stake in Hilton Grand Vacations during the fourth quarter worth approximately $385,000. Squarepoint Ops LLC increased its position in shares of Hilton Grand Vacations by 62.6% in the fourth quarter. Squarepoint Ops LLC now owns 493,474 shares of the company’s stock worth $19,221,000 after acquiring an additional 189,934 shares in the last quarter. Finally, Teza Capital Management LLC purchased a new position in shares of Hilton Grand Vacations in the 4th quarter valued at $768,000. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

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.