Universal Beteiligungs und Servicegesellschaft mbH Takes Position in Hilton Grand Vacations Inc. (NYSE:HGV)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has acquired 18,138 shares in Hilton Grand Vacations, valued at approximately $679,000, as reported in their recent SEC filing.
• Analysts have mixed ratings on Hilton Grand Vacations, with a consensus price target of $48.25 and several institutions adjusting their price targets, including a notable rating from Goldman Sachs at $39.00.
• Hilton Grand Vacations reported a net margin of 1.14% and a miss on EPS estimates in its latest quarterly results, with earnings per share of $0.54 compared to an expected $0.78.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 18,138 shares of the company's stock, valued at approximately $679,000.

Several other institutional investors also recently modified their holdings of the business. Signaturefd LLC boosted its stake in shares of Hilton Grand Vacations by 136.9% during the 1st quarter. Signaturefd LLC now owns 860 shares of the company's stock worth $32,000 after acquiring an additional 497 shares during the last quarter. UMB Bank n.a. grew its holdings in 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 buying an additional 550 shares in the last quarter. Covestor Ltd grew its holdings in Hilton Grand Vacations by 432.4% during the 4th quarter. Covestor Ltd now owns 1,283 shares of the company's stock valued at $50,000 after buying an additional 1,042 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in Hilton Grand Vacations in the first quarter worth $73,000. Finally, Fifth Third Bancorp raised its position in Hilton Grand Vacations by 8.8% during the first quarter. Fifth Third Bancorp now owns 4,489 shares of the company's stock valued at $168,000 after purchasing an additional 364 shares during the period. 97.23% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on HGV shares. JMP Securities reissued a "market outperform" rating and issued a $50.00 price objective on shares of Hilton Grand Vacations in a research report on Monday, May 5th. Mizuho upped their target price on Hilton Grand Vacations from $73.00 to $76.00 and gave the company an "outperform" rating in a research report 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 report on Monday. Morgan Stanley reduced their target price on Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Finally, Barclays upped their target price on Hilton Grand Vacations from $42.00 to $49.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. According to MarketBeat, Hilton Grand Vacations currently has an average rating of "Hold" and an average price target of $49.44.

Hilton Grand Vacations Price Performance

Shares of HGV stock traded down $0.01 during trading hours on Wednesday, hitting $44.09. The company's stock had a trading volume of 288,531 shares, compared to its average volume of 1,021,379. The business has a fifty day moving average of $43.59 and a 200-day moving average of $40.26. The stock has a market cap of $3.93 billion, a price-to-earnings ratio of 80.13, a P/E/G ratio of 5.18 and a beta of 1.65. Hilton Grand Vacations Inc. has a twelve month low of $30.59 and a twelve month high of $52.08. The company has a current ratio of 4.43, a quick ratio of 2.77 and a debt-to-equity ratio of 4.31.

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 the consensus estimate of $0.78 by ($0.24). The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.38 billion. Hilton Grand Vacations had a net margin of 1.14% and a return on equity of 9.71%. The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 earnings per share. As a group, equities research analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 EPS for the current year.

Insider Activity at Hilton Grand Vacations

In related news, insider Charles R. Jr. Corbin sold 51,000 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $38.78, for a total transaction of $1,977,780.00. Following the sale, the insider owned 60,270 shares in the company, valued at approximately $2,337,270.60. This trade represents a 45.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.70% of the stock is currently owned by company insiders.

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.