CAS Investment Partners LLC Has $252.88 Million Stock Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

CAS Investment Partners LLC lifted its stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,492,344 shares of the company's stock after acquiring an additional 129,333 shares during the period. Hilton Grand Vacations accounts for approximately 14.7% of CAS Investment Partners LLC's holdings, making the stock its 2nd biggest position. CAS Investment Partners LLC owned approximately 6.59% of Hilton Grand Vacations worth $252,877,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Franklin Resources Inc. raised its position in shares of Hilton Grand Vacations by 11.3% during the fourth quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock worth $143,031,000 after purchasing an additional 373,442 shares during the period. Dimensional Fund Advisors LP grew its position in Hilton Grand Vacations by 21.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company's stock worth $114,329,000 after acquiring an additional 512,362 shares in the last quarter. Nantahala Capital Management LLC increased its position 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 worth $67,422,000 after buying an additional 984,166 shares during the last quarter. Northern Trust Corp raised its stake in shares of Hilton Grand Vacations by 10.3% in the 4th quarter. Northern Trust Corp now owns 892,091 shares of the company's stock valued at $34,747,000 after acquiring an additional 83,334 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position 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 valued at $34,746,000 after purchasing an additional 30,019 shares during the period. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HGV shares. Mizuho upped their price target on Hilton Grand Vacations from $60.00 to $70.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd. Barclays cut their target price on Hilton Grand Vacations from $45.00 to $42.00 and set an "equal weight" rating for the company in a research report on Friday, May 2nd. Morgan Stanley decreased their price objective on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. The Goldman Sachs Group lifted their price target on Hilton Grand Vacations from $30.00 to $34.00 and gave the company a "sell" rating in a report on Friday, May 2nd. Finally, Truist Financial upped their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a report on Friday, March 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $46.00.

Hilton Grand Vacations Stock Down 0.6 %

Shares of NYSE HGV traded down $0.22 during mid-day trading on Friday, reaching $38.94. 636,346 shares of the company's stock were exchanged, compared to its average volume of 903,320. 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 business has a fifty day simple moving average of $36.01 and a 200 day simple moving average of $39.02. Hilton Grand Vacations Inc. has a twelve month low of $30.59 and a twelve month high of $44.99. The firm has a market capitalization of $3.57 billion, a price-to-earnings ratio of 44.25, a PEG ratio of 2.20 and a beta of 1.60.

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 firm had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the previous year, the business posted $0.95 earnings per share. The firm's quarterly revenue was down .7% compared to the same quarter last year. As a group, equities analysts expect that Hilton Grand Vacations Inc. will post 3.39 EPS 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.