Mudita Advisors LLP Increases Holdings in Hilton Grand Vacations Inc. $HGV

Key Points

• Mudita Advisors LLP has increased its holdings in Hilton Grand Vacations Inc. (NYSE:HGV) by 14.2%, making it the largest position in its portfolio with shares valued at approximately $41 million.
• During the first quarter, multiple investors significantly increased their stakes in Hilton Grand Vacations, with notable growth by Signaturefd LLC and UMB Bank n.a., contributing to institutional investors owning over 97% of the stock.
• Hilton Grand Vacations reported a missed EPS estimate of $0.54, against a consensus of $0.78, and its Board of Directors has initiated a stock buyback plan, indicating possible undervaluation of its stock.

Mudita Advisors LLP grew its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 14.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,097,665 shares of the company's stock after buying an additional 136,700 shares during the period. Hilton Grand Vacations makes up 20.7% of Mudita Advisors LLP's portfolio, making the stock its biggest position. Mudita Advisors LLP owned approximately 1.20% of Hilton Grand Vacations worth $41,064,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC lifted its holdings in shares of Hilton Grand Vacations by 136.9% during the 1st quarter. Signaturefd LLC now owns 860 shares of the company's stock valued at $32,000 after purchasing an additional 497 shares in the last quarter. UMB Bank n.a. lifted its holdings in shares of Hilton Grand Vacations by 106.8% during the 1st quarter. UMB Bank n.a. now owns 1,065 shares of the company's stock valued at $40,000 after purchasing an additional 550 shares in the last quarter. State of Wyoming bought a new position in shares of Hilton Grand Vacations during the 1st quarter valued at about $48,000. Bayforest Capital Ltd bought a new position in shares of Hilton Grand Vacations during the 1st quarter valued at about $73,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Hilton Grand Vacations during the 1st quarter valued at about $73,000. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Trading Up 0.3%

HGV traded up $0.15 during midday trading on Monday, reaching $45.36. 281,247 shares of the company's stock traded hands, compared to its average volume of 1,030,668. The firm has a fifty day moving average of $46.67 and a two-hundred day moving average of $41.06. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 82.42, a P/E/G ratio of 3.85 and a beta of 1.67. The company has a debt-to-equity ratio of 4.31, a current ratio of 4.43 and a quick ratio of 2.77. Hilton Grand Vacations Inc. has a 52 week low of $30.59 and a 52 week high of $52.08.

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

Hilton Grand Vacations announced that its Board of Directors has approved a stock repurchase plan on Wednesday, August 13th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling at Hilton Grand Vacations

In related news, insider Mark D. Wang sold 46,364 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $47.34, for a total value of $2,194,871.76. Following the sale, the insider owned 801,681 shares in the company, valued at $37,951,578.54. This represents a 5.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $59.00 price objective on Hilton Grand Vacations and gave the company a "buy" rating in a report on Monday, August 4th. Barclays boosted their target price on 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. Truist Financial dropped their price objective on Hilton Grand Vacations from $63.00 to $62.00 and set a "buy" rating on the stock in a research note on Thursday, August 21st. Mizuho boosted their target price on Hilton Grand Vacations from $73.00 to $76.00 and gave the stock an "outperform" rating in a report on Friday, August 1st. Finally, The Goldman Sachs Group reaffirmed a "sell" rating and issued a $39.00 price objective on shares of Hilton Grand Vacations in a report on Friday, August 1st. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $53.29.

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.