Hilton Grand Vacations (NYSE:HGV) Price Target Raised to $63.00

Hilton Grand Vacations (NYSE:HGV) had its target price increased by Truist Financial from $51.00 to $63.00 in a research note released on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other equities research analysts have also weighed in on HGV. Barclays boosted their target price on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. JMP Securities lowered their target price on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research note on Wednesday, December 18th. Morgan Stanley assumed coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price target for the company. StockNews.com raised Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Saturday, March 1st. Finally, Mizuho upped their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, February 28th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $47.25.

Hilton Grand Vacations Trading Down 0.0 %

Shares of HGV stock opened at $40.46 on Friday. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The business has a 50-day moving average price of $40.73 and a two-hundred day moving average price of $39.48. Hilton Grand Vacations has a 12-month low of $33.21 and a 12-month high of $47.81. The firm has a market cap of $3.86 billion, a P/E ratio of 45.98, a price-to-earnings-growth ratio of 2.20 and a beta of 1.84.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.28 billion. Equities analysts anticipate that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Institutional Trading of Hilton Grand Vacations

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Amalgamated Bank grew its stake in shares of Hilton Grand Vacations by 0.9% in the 4th quarter. Amalgamated Bank now owns 28,884 shares of the company’s stock worth $1,125,000 after buying an additional 263 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Hilton Grand Vacations by 0.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,689 shares of the company’s stock worth $1,585,000 after buying an additional 303 shares during the last quarter. Bank of Montreal Can grew its stake in shares of Hilton Grand Vacations by 5.1% in the 4th quarter. Bank of Montreal Can now owns 7,447 shares of the company’s stock worth $290,000 after buying an additional 361 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Hilton Grand Vacations by 7.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 13,141 shares of the company’s stock worth $512,000 after buying an additional 869 shares during the last quarter. Finally, KBC Group NV grew its stake in shares of Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after buying an additional 889 shares during the last quarter. Hedge funds and other institutional investors own 97.23% of the company’s stock.

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.