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

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Hilton Grand Vacations by 0.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,689 shares of the company's stock worth $1,585,000 after purchasing an additional 303 shares in the last quarter. Covey Capital Advisors LLC raised its holdings in Hilton Grand Vacations by 0.8% in the 1st quarter. Covey Capital Advisors LLC now owns 44,599 shares of the company's stock worth $1,668,000 after acquiring an additional 357 shares during the last quarter. Bank of Montreal Can raised its holdings in Hilton Grand Vacations by 5.1% in the 4th quarter. Bank of Montreal Can now owns 7,447 shares of the company's stock worth $290,000 after acquiring an additional 361 shares during the last quarter. Fifth Third Bancorp raised its holdings in Hilton Grand Vacations by 8.8% in the 1st quarter. Fifth Third Bancorp now owns 4,489 shares of the company's stock worth $168,000 after acquiring an additional 364 shares during the last quarter. Finally, Signaturefd LLC raised its holdings in Hilton Grand Vacations by 136.9% in 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. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Price Performance

HGV traded down $0.28 during trading on Monday, reaching $44.21. 1,095,760 shares of the company traded hands, compared to its average volume of 1,027,559. The company has a market cap of $3.94 billion, a P/E ratio of 80.38, a PEG ratio of 5.10 and a beta of 1.65. The firm has a fifty day simple moving average of $43.36 and a 200 day simple moving average of $40.20. The company has a debt-to-equity ratio of 4.31, a quick ratio of 2.77 and a current ratio of 4.43. Hilton Grand Vacations Inc. has a 12-month low of $30.59 and a 12-month high of $52.08.

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

Insider Buying and Selling

In related news, insider Charles R. Jr. Corbin sold 51,000 shares of the firm's stock in a transaction on 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 completion of the sale, the insider directly owned 60,270 shares in the company, valued at $2,337,270.60. This trade 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 through this hyperlink. Corporate insiders own 2.70% of the company's stock.

Analyst Upgrades and Downgrades

HGV has been the subject of a number of research reports. The Goldman Sachs Group reiterated a "sell" rating and set a $39.00 target price on shares of Hilton Grand Vacations in a research note on Friday. Mizuho upped their price target on shares of Hilton Grand Vacations from $73.00 to $76.00 and gave the company an "outperform" rating in a research report on Friday. Barclays upped their target price on shares of Hilton Grand Vacations from $42.00 to $49.00 and gave the company an "equal weight" rating in a report on Friday. Morgan Stanley reduced their price target 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. Finally, JMP Securities restated a "market outperform" rating and set 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 issued a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $48.25.

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.