Banco Bilbao Vizcaya Argentaria S.A. Has $589,000 Stock Holdings in Hilton Grand Vacations Inc. $HGV

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Hilton Grand Vacations Inc. by 80.6%, now holding shares worth $589,000.
• Hilton Grand Vacations received recent analyst attention with price target adjustments ranging from $39.00 to $76.00, resulting in an average rating of "Moderate Buy."
• Despite a revenue increase of 2.5% year-over-year, Hilton Grand Vacations reported lower-than-expected EPS of $0.54, missing estimates by $0.24.

Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 80.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,983 shares of the company's stock after purchasing an additional 7,131 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Hilton Grand Vacations were worth $589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of HGV. Signaturefd LLC lifted its stake in Hilton Grand Vacations by 136.9% during the first quarter. Signaturefd LLC now owns 860 shares of the company's stock valued at $32,000 after buying an additional 497 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Hilton Grand Vacations by 106.8% during the first quarter. UMB Bank n.a. now owns 1,065 shares of the company's stock valued at $40,000 after acquiring an additional 550 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Hilton Grand Vacations in the 1st quarter valued at approximately $73,000. Bayforest Capital Ltd acquired a new position in Hilton Grand Vacations in the 1st quarter worth approximately $73,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in Hilton Grand Vacations in the 1st quarter worth approximately $104,000. Hedge funds and other institutional investors own 97.23% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Barclays boosted their target price on shares of Hilton Grand Vacations from $42.00 to $49.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. The Goldman Sachs Group reissued a "sell" rating and issued a $39.00 price objective on shares of Hilton Grand Vacations in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $59.00 price objective on Hilton Grand Vacations and gave the stock a "buy" rating in a research report on Monday, August 4th. JMP Securities reiterated a "market outperform" rating and issued a $50.00 target price on shares of Hilton Grand Vacations in a report on Monday, May 5th. Finally, Mizuho raised their price target on shares of Hilton Grand Vacations from $73.00 to $76.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $53.29.

Hilton Grand Vacations Stock Performance

Shares of HGV stock opened at $46.6610 on Friday. Hilton Grand Vacations Inc. has a fifty-two week low of $30.59 and a fifty-two week high of $52.08. The stock's 50-day moving average is $45.00 and its two-hundred day moving average is $40.54. The company has a debt-to-equity ratio of 4.31, a current ratio of 4.43 and a quick ratio of 2.77. The firm has a market cap of $4.16 billion, a P/E ratio of 84.84, a PEG ratio of 4.00 and a beta of 1.65.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.24). Hilton Grand Vacations had a net margin of 1.14% and a return on equity of 9.71%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the firm posted $0.62 EPS. The company's quarterly revenue was up 2.5% compared to the same quarter last year. Analysts predict that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Hilton Grand Vacations declared that its board has authorized a share repurchase plan on Wednesday, August 13th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

About Hilton Grand Vacations

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.

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