Hilton Grand Vacations Inc. (NYSE:HGV) Receives Average Rating of “Moderate Buy” from Brokerages

Hilton Grand Vacations Inc. (NYSE:HGV) has earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $50.43.

Several brokerages have recently weighed in on HGV. JPMorgan Chase & Co. downgraded Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and reduced their target price for the stock from $55.00 to $36.00 in a research note on Friday, August 9th. Barclays decreased their price objective on shares of Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating on the stock in a report on Friday, August 9th. Truist Financial boosted their target price on shares of Hilton Grand Vacations from $70.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Mizuho decreased their price target on shares of Hilton Grand Vacations from $63.00 to $57.00 and set an “outperform” rating on the stock in a research note on Friday, August 9th. Finally, StockNews.com lowered Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, August 12th.

Hilton Grand Vacations Trading Up 1.1 %

Hilton Grand Vacations stock opened at $38.58 on Monday. The firm has a market cap of $3.92 billion, a PE ratio of 18.20, a P/E/G ratio of 1.94 and a beta of 1.83. Hilton Grand Vacations has a 12 month low of $33.13 and a 12 month high of $49.02. The stock’s 50 day simple moving average is $39.58 and its two-hundred day simple moving average is $42.24. The company has a current ratio of 4.36, a quick ratio of 2.97 and a debt-to-equity ratio of 3.18.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.62 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.27). Hilton Grand Vacations had a net margin of 3.57% and a return on equity of 18.06%. The firm had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.33 billion. During the same period in the previous year, the firm posted $0.85 EPS. The firm’s quarterly revenue was up 22.6% on a year-over-year basis. Analysts anticipate that Hilton Grand Vacations will post 3.37 earnings per share for the current year.

Institutional Trading of Hilton Grand Vacations

Several large investors have recently added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of Hilton Grand Vacations during the 4th quarter worth approximately $23,383,000. Boulder Hill Capital Management LP acquired a new stake in Hilton Grand Vacations during the fourth quarter worth $1,933,000. Franklin Resources Inc. increased its stake in Hilton Grand Vacations by 6.9% during the fourth quarter. Franklin Resources Inc. now owns 3,037,372 shares of the company’s stock worth $122,042,000 after acquiring an additional 195,485 shares during the last quarter. GSA Capital Partners LLP purchased a new stake in Hilton Grand Vacations in the first quarter valued at $884,000. Finally, Vanguard Group Inc. grew its holdings in shares of Hilton Grand Vacations by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 7,546,080 shares of the company’s stock worth $356,250,000 after purchasing an additional 77,934 shares during the period. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

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.