12,000 Shares in Hilton Grand Vacations Inc. (NYSE:HGV) Bought by Bayesian Capital Management LP

Bayesian Capital Management LP purchased a new position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,000 shares of the company's stock, valued at approximately $467,000.

Several other institutional investors have also bought and sold shares of HGV. Franklin Resources Inc. raised its stake in shares of Hilton Grand Vacations by 11.3% in the fourth quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock valued at $143,031,000 after buying an additional 373,442 shares during the period. Dimensional Fund Advisors LP raised its stake in Hilton Grand Vacations by 21.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company's stock valued at $114,329,000 after acquiring an additional 512,362 shares during the period. Nantahala Capital Management LLC lifted its holdings in Hilton Grand Vacations by 131.8% during the fourth quarter. Nantahala Capital Management LLC now owns 1,730,995 shares of the company's stock valued at $67,422,000 after purchasing an additional 984,166 shares during the last quarter. Northern Trust Corp boosted its position in Hilton Grand Vacations by 10.3% during the fourth quarter. Northern Trust Corp now owns 892,091 shares of the company's stock worth $34,747,000 after purchasing an additional 83,334 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Hilton Grand Vacations by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 892,057 shares of the company's stock worth $34,746,000 after purchasing an additional 30,019 shares in the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Analysts Set New Price Targets

Several research firms recently commented on HGV. Morgan Stanley cut their price objective on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Truist Financial raised their price target on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a report on Friday, March 7th. Barclays dropped their price objective on Hilton Grand Vacations from $45.00 to $42.00 and set an "equal weight" rating on the stock in a report on Friday, May 2nd. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Finally, The Goldman Sachs Group upped their price target on Hilton Grand Vacations from $30.00 to $34.00 and gave the company a "sell" rating in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Hilton Grand Vacations has a consensus rating of "Hold" and a consensus target price of $46.00.

Hilton Grand Vacations Price Performance

Hilton Grand Vacations stock traded down $0.22 during mid-day trading on Friday, hitting $38.94. 636,346 shares of the company traded hands, compared to its average volume of 903,865. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. Hilton Grand Vacations Inc. has a one year low of $30.59 and a one year high of $44.99. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 2.20 and a beta of 1.60. The stock has a fifty day moving average price of $36.01 and a 200-day moving average price of $39.01.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the firm posted $0.95 earnings per share. The business's revenue was down .7% on a year-over-year basis. On average, equities analysts predict that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

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.