Hilton Grand Vacations Inc. (NYSE:HGV) Shares Acquired by Deutsche Bank AG

Deutsche Bank AG boosted its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 139,410 shares of the company's stock after purchasing an additional 20,398 shares during the period. Deutsche Bank AG owned approximately 0.14% of Hilton Grand Vacations worth $5,430,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Nantahala Capital Management LLC boosted its holdings in shares of Hilton Grand Vacations by 131.8% in the 4th quarter. Nantahala Capital Management LLC now owns 1,730,995 shares of the company's stock valued at $67,422,000 after acquiring an additional 984,166 shares during the last quarter. Norges Bank purchased a new stake in shares of Hilton Grand Vacations in the 4th quarter valued at $33,047,000. Dimensional Fund Advisors LP boosted its holdings in shares of 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 last quarter. Franklin Resources Inc. boosted its holdings in shares of Hilton Grand Vacations by 11.3% in the 4th quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock valued at $143,031,000 after acquiring an additional 373,442 shares during the last quarter. Finally, Barclays PLC boosted its holdings in shares of Hilton Grand Vacations by 330.8% in the 3rd quarter. Barclays PLC now owns 246,131 shares of the company's stock valued at $8,941,000 after acquiring an additional 188,997 shares during the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Price Performance

NYSE:HGV traded down $0.60 during trading hours on Friday, reaching $38.00. 655,160 shares of the company were exchanged, compared to its average volume of 905,082. 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 stock's 50-day moving average is $36.67 and its 200-day moving average is $39.21. The firm has a market cap of $3.48 billion, a PE ratio of 43.18, a price-to-earnings-growth ratio of 2.20 and a beta of 1.60. Hilton Grand Vacations Inc. has a twelve month low of $30.59 and a twelve month high of $44.99.

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 for the quarter, missing analysts' consensus estimates of $0.49 by ($0.40). The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.25 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business's revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 earnings per share. On average, sell-side analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Charles R. Jr. Corbin sold 51,000 shares of the stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $38.78, for a total value of $1,977,780.00. Following the completion of the sale, the insider now directly owns 60,270 shares in the company, valued at $2,337,270.60. This represents a 45.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 2.30% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HGV shares. Barclays dropped their price objective on shares of 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. The Goldman Sachs Group boosted their target price on shares of Hilton Grand Vacations from $30.00 to $34.00 and gave the company a "sell" rating in a research note on Friday, May 2nd. Wall Street Zen upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Mizuho boosted their target price on shares of Hilton Grand Vacations from $60.00 to $70.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Finally, JMP Securities reiterated a "market outperform" rating and issued a $50.00 target price on shares of Hilton Grand Vacations in a research note on Monday, May 5th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Hilton Grand Vacations has an average rating of "Hold" and an average target price of $46.00.

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.