Quantbot Technologies LP Decreases Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Quantbot Technologies LP lessened its holdings in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 68.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,215 shares of the company’s stock after selling 9,098 shares during the period. Quantbot Technologies LP’s holdings in Hilton Grand Vacations were worth $164,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. KBC Group NV raised its holdings in Hilton Grand Vacations by 41.2% during the fourth quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after purchasing an additional 889 shares in the last quarter. Aigen Investment Management LP acquired a new stake in Hilton Grand Vacations during the 4th quarter worth $200,000. Crossmark Global Holdings Inc. purchased a new stake in Hilton Grand Vacations in the fourth quarter valued at $204,000. FourThought Financial Partners LLC acquired a new position in Hilton Grand Vacations in the fourth quarter valued at $232,000. Finally, Cibc World Markets Corp acquired a new stake in shares of Hilton Grand Vacations during the fourth quarter worth about $261,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on HGV shares. Barclays raised their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Truist Financial lifted their target price on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a report on Friday, March 7th. StockNews.com upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st. Morgan Stanley initiated coverage on shares of Hilton Grand Vacations in a report on Monday, January 6th. They issued an “overweight” rating and a $47.00 target price for the company. Finally, The Goldman Sachs Group raised their price target on Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a “sell” rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Hilton Grand Vacations has a consensus rating of “Hold” and a consensus target price of $47.25.

Hilton Grand Vacations Price Performance

Shares of NYSE:HGV opened at $37.35 on Monday. Hilton Grand Vacations Inc. has a 52 week low of $33.21 and a 52 week high of $47.37. The company has a 50-day moving average price of $40.25 and a 200 day moving average price of $39.44. The company has a market cap of $3.54 billion, a P/E ratio of 42.45, a PEG ratio of 2.20 and a beta of 1.84. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32.

Hilton Grand Vacations (NYSE:HGV) last posted 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). The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Research analysts predict that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

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.