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

Other large investors have also recently bought and sold shares of the company. Signaturefd LLC grew its position in Hilton Grand Vacations by 136.9% in the first quarter. Signaturefd LLC now owns 860 shares of the company's stock valued at $32,000 after acquiring an additional 497 shares during the period. UMB Bank n.a. grew 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 worth $40,000 after purchasing an additional 550 shares during the last quarter. State of Wyoming bought a new stake in shares of Hilton Grand Vacations during the first quarter worth $48,000. FNY Investment Advisers LLC bought a new stake in shares of Hilton Grand Vacations during the first quarter worth $73,000. Finally, Bayforest Capital Ltd bought a new stake in shares of Hilton Grand Vacations during the first quarter worth $73,000. 97.23% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Hilton Grand Vacations news, insider Mark D. Wang sold 46,364 shares of Hilton Grand Vacations stock in a transaction 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 completion of the transaction, the insider directly owned 801,681 shares of the company's stock, valued at $37,951,578.54. The trade was a 5.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is owned by corporate insiders.

Hilton Grand Vacations Stock Down 0.7%

NYSE:HGV opened at $47.21 on Wednesday. The company has a debt-to-equity ratio of 4.31, a quick ratio of 2.77 and a current ratio of 4.43. The company has a market cap of $4.20 billion, a PE ratio of 85.84, a PEG ratio of 4.05 and a beta of 1.67. Hilton Grand Vacations Inc. has a 52-week low of $30.59 and a 52-week high of $52.08. The stock has a 50-day simple moving average of $46.62 and a 200 day simple moving average of $40.97.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its 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 return on equity of 9.71% and a net margin of 1.14%.The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the firm posted $0.62 earnings per share. The business's revenue was up 2.5% compared to the same quarter last year. On average, sell-side analysts expect that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

HGV has been the topic of several research reports. Mizuho upped their price target on Hilton Grand Vacations from $73.00 to $76.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Barclays upped their price target 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. The Goldman Sachs Group reaffirmed a "sell" rating and set a $39.00 price target on shares of Hilton Grand Vacations in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft set a $59.00 target price on Hilton Grand Vacations and gave the company a "buy" rating in a research note on Monday, August 4th. Finally, Truist Financial cut their target price 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. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Hilton Grand Vacations currently has an average rating of "Moderate Buy" and a consensus price target of $53.29.

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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