Hilton Grand Vacations (NYSE:HGV) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

Hilton Grand Vacations (NYSE:HGV) had its price objective lifted by analysts at The Goldman Sachs Group from $37.00 to $42.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “sell” rating on the stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 0.54% from the company’s previous close.

Other research analysts also recently issued reports about the stock. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Saturday, March 1st. Barclays raised their price target on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Truist Financial cut their price target on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. Mizuho raised their price target on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, February 28th. Finally, JMP Securities cut their price target 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. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Hilton Grand Vacations currently has an average rating of “Hold” and a consensus price target of $45.75.

Hilton Grand Vacations Stock Up 1.9 %

Hilton Grand Vacations stock opened at $41.78 on Tuesday. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $47.81. The firm has a market capitalization of $4.11 billion, a price-to-earnings ratio of 47.47, a P/E/G ratio of 2.20 and a beta of 1.85. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. The firm has a 50 day simple moving average of $40.71 and a 200 day simple moving average of $39.41.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.40). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.28 billion. On average, analysts predict that Hilton Grand Vacations will post 3.39 earnings per share for the current year.

Institutional Trading of Hilton Grand Vacations

Several hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd lifted its stake in Hilton Grand Vacations by 432.4% in the fourth quarter. Covestor Ltd now owns 1,283 shares of the company’s stock worth $50,000 after purchasing an additional 1,042 shares during the last quarter. KBC Group NV lifted its stake in Hilton Grand Vacations by 41.2% in 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 during the last quarter. Aigen Investment Management LP bought a new stake in Hilton Grand Vacations in the fourth quarter worth $200,000. Crossmark Global Holdings Inc. bought a new stake in Hilton Grand Vacations in the fourth quarter worth $204,000. Finally, FourThought Financial Partners LLC bought a new stake in Hilton Grand Vacations in the fourth quarter worth $232,000. 97.23% of the stock is owned by 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.