Hilton Grand Vacations Inc. (NYSE:HGV) Holdings Boosted by Creative Planning

Creative Planning boosted its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 17.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,381 shares of the company’s stock after purchasing an additional 2,245 shares during the period. Creative Planning’s holdings in Hilton Grand Vacations were worth $559,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HGV. BNP Paribas Financial Markets grew its holdings in shares of Hilton Grand Vacations by 17.7% during the 1st quarter. BNP Paribas Financial Markets now owns 77,210 shares of the company’s stock valued at $3,645,000 after acquiring an additional 11,610 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Hilton Grand Vacations by 4.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 12,330 shares of the company’s stock valued at $582,000 after acquiring an additional 523 shares in the last quarter. Capstone Investment Advisors LLC purchased a new position in shares of Hilton Grand Vacations during the 1st quarter valued at $432,000. GSA Capital Partners LLP purchased a new position in shares of Hilton Grand Vacations during the 1st quarter valued at $884,000. Finally, Texas Permanent School Fund Corp grew its holdings in shares of Hilton Grand Vacations by 1.5% during the 1st quarter. Texas Permanent School Fund Corp now owns 62,374 shares of the company’s stock valued at $2,945,000 after acquiring an additional 945 shares in the last quarter. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Grand Vacations Stock Up 0.3 %

Hilton Grand Vacations stock opened at $37.64 on Wednesday. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 26.32, a P/E/G ratio of 2.00 and a beta of 1.82. The company has a debt-to-equity ratio of 3.18, a current ratio of 4.36 and a quick ratio of 2.97. Hilton Grand Vacations Inc. has a fifty-two week low of $33.13 and a fifty-two week high of $49.02. The firm has a fifty day moving average price of $37.03 and a two-hundred day moving average price of $39.44.

Hilton Grand Vacations (NYSE:HGV) last released its earnings results 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). The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.33 billion. Hilton Grand Vacations had a return on equity of 18.06% and a net margin of 3.57%. The firm’s revenue was up 22.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.85 EPS. As a group, analysts forecast that Hilton Grand Vacations Inc. will post 3.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HGV. Barclays lowered their price target 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. JPMorgan Chase & Co. lowered shares of Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $55.00 to $36.00 in a research note on Friday, August 9th. Truist Financial reduced their price objective on shares of Hilton Grand Vacations from $71.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, September 5th. The Goldman Sachs Group assumed coverage on shares of Hilton Grand Vacations in a research note on Wednesday, September 18th. They issued a “sell” rating and a $31.00 price objective for the company. Finally, StockNews.com lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $43.71.

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.