Hilton Grand Vacations Inc. (NYSE:HGV) Receives $44.00 Consensus Price Target from Brokerages

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $44.00.

A number of research firms have commented on HGV. Barclays increased their target price on Hilton Grand Vacations from $40.00 to $44.00 and gave the stock an “overweight” rating in a report on Friday, November 8th. Mizuho reduced their price objective on Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 12th. JPMorgan Chase & Co. lowered shares of Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and lowered their target price for the company from $55.00 to $36.00 in a research note on Friday, August 9th. Jefferies Financial Group downgraded shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating and reduced their price target for the stock from $55.00 to $35.00 in a research report on Friday, August 9th. Finally, StockNews.com downgraded shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Monday, August 12th.

Hilton Grand Vacations Stock Performance

Hilton Grand Vacations stock opened at $41.44 on Friday. Hilton Grand Vacations has a 12-month low of $33.21 and a 12-month high of $49.02. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 47.56, a price-to-earnings-growth ratio of 2.27 and a beta of 1.82. The firm’s fifty day moving average price is $37.74 and its 200 day moving average price is $39.37.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the business earned $0.98 EPS. Hilton Grand Vacations’s revenue for the quarter was up 28.3% compared to the same quarter last year. On average, research analysts forecast that Hilton Grand Vacations will post 3.49 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Reston Wealth Management LLC purchased a new stake in Hilton Grand Vacations in the 3rd quarter worth about $25,000. nVerses Capital LLC purchased a new stake in shares of Hilton Grand Vacations in the second quarter worth approximately $32,000. Blue Trust Inc. lifted its position in shares of Hilton Grand Vacations by 141.7% in the third quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Hilton Grand Vacations during the second quarter worth approximately $93,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Hilton Grand Vacations during the second quarter valued at approximately $120,000. 97.23% of the stock is 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.