Dimensional Fund Advisors LP Boosts Stake in Hilton Grand Vacations Inc. (NYSE:HGV)

Dimensional Fund Advisors LP grew its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,935,231 shares of the company's stock after acquiring an additional 512,362 shares during the quarter. Dimensional Fund Advisors LP owned 2.98% of Hilton Grand Vacations worth $114,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in HGV. Covestor Ltd grew its position in Hilton Grand Vacations by 432.4% in the 4th quarter. Covestor Ltd now owns 1,283 shares of the company's stock worth $50,000 after purchasing an additional 1,042 shares in the last quarter. KBC Group NV boosted 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. Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations in the fourth quarter valued at approximately $200,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Hilton Grand Vacations during the fourth quarter valued at approximately $204,000. Finally, FourThought Financial Partners LLC bought a new stake in Hilton Grand Vacations during the fourth quarter worth $232,000. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock traded up $1.70 during trading hours on Friday, reaching $38.47. The company had a trading volume of 372,158 shares, compared to its average volume of 1,049,452. The firm has a market cap of $3.64 billion, a PE ratio of 43.73, a price-to-earnings-growth ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a one year low of $30.59 and a one year high of $45.00. 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 business has a fifty day simple moving average of $36.38 and a 200 day simple moving average of $38.97.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.09 EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the business earned $0.95 EPS. The firm's revenue for the quarter was down .7% compared to the same quarter last year. On average, analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on HGV shares. StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Mizuho raised their price objective on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, February 28th. The Goldman Sachs Group reduced their target price on shares of Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating for the company in a research report on Monday, April 14th. Morgan Stanley lowered their price target on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, Barclays increased their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $44.63.

Hilton Grand Vacations 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.