UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $6.88 Million Stock Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 23.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 176,665 shares of the company's stock after acquiring an additional 33,931 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.18% of Hilton Grand Vacations worth $6,881,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nantahala Capital Management LLC lifted its position in Hilton Grand Vacations by 131.8% in the fourth quarter. Nantahala Capital Management LLC now owns 1,730,995 shares of the company's stock worth $67,422,000 after purchasing an additional 984,166 shares during the period. Norges Bank bought a new position in Hilton Grand Vacations in the fourth quarter worth $33,047,000. GRS Advisors LLC bought a new position in Hilton Grand Vacations in the fourth quarter worth $24,414,000. Dimensional Fund Advisors LP lifted 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 purchasing an additional 512,362 shares during the period. Finally, Millennium Management LLC lifted its position in Hilton Grand Vacations by 27.7% in the fourth quarter. Millennium Management LLC now owns 2,045,286 shares of the company's stock worth $79,664,000 after purchasing an additional 443,353 shares during the period. Institutional investors and hedge funds own 97.23% of the company's stock.

Insider Buying and Selling at Hilton Grand Vacations

In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 51,000 shares of Hilton Grand Vacations stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $38.78, for a total value of $1,977,780.00. Following the transaction, the insider now owns 60,270 shares in the company, valued at $2,337,270.60. The trade was a 45.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.30% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on HGV. Truist Financial lifted their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a report on Friday, March 7th. The Goldman Sachs Group lifted their price objective on Hilton Grand Vacations from $30.00 to $34.00 and gave the stock a "sell" rating in a research report on Friday, May 2nd. Morgan Stanley lowered their price objective on Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Barclays lowered their price objective 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. Finally, Wall Street Zen upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $46.00.

Hilton Grand Vacations Stock Up 0.6%

NYSE:HGV traded up $0.22 during trading hours on Thursday, reaching $38.96. 817,720 shares of the stock were exchanged, compared to its average volume of 911,968. The stock has a market cap of $3.57 billion, a PE ratio of 44.27, a PEG ratio of 2.20 and a beta of 1.60. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. Hilton Grand Vacations Inc. has a twelve month low of $30.59 and a twelve month high of $44.99. The firm has a 50 day moving average of $36.71 and a 200 day moving average of $39.00.

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