20,887 Shares in Hilton Grand Vacations Inc. (NYSE:HGV) Acquired by Voloridge Investment Management LLC

Voloridge Investment Management LLC purchased a new stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 20,887 shares of the company's stock, valued at approximately $814,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Barclays PLC grew its position in Hilton Grand Vacations by 330.8% in the third quarter. Barclays PLC now owns 246,131 shares of the company's stock valued at $8,941,000 after purchasing an additional 188,997 shares in the last quarter. KBC Group NV boosted its stake in shares of Hilton Grand Vacations by 41.2% during the 4th quarter. KBC Group NV now owns 3,046 shares of the company's stock worth $119,000 after buying an additional 889 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of Hilton Grand Vacations by 14.3% during the 4th quarter. Hantz Financial Services Inc. now owns 81,913 shares of the company's stock worth $3,191,000 after buying an additional 10,265 shares during the last quarter. Entropy Technologies LP bought a new position in shares of Hilton Grand Vacations in the 4th quarter valued at about $467,000. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Hilton Grand Vacations in the fourth quarter valued at about $232,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Stock Performance

HGV remained flat at $38.19 during trading hours on Friday. The company had a trading volume of 1,325,123 shares, compared to its average volume of 909,262. The company's 50 day simple moving average is $36.66 and its 200-day simple moving average is $39.09. Hilton Grand Vacations Inc. has a twelve month low of $30.59 and a twelve month high of $44.99. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 43.40, a PEG ratio of 2.20 and a beta of 1.60. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

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

Analyst Upgrades and Downgrades

Several research firms recently issued reports on HGV. JMP Securities reiterated a "market outperform" rating and set a $50.00 target price on shares of Hilton Grand Vacations in a report on Monday, May 5th. Wall Street Zen upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. Barclays decreased their target price on shares of Hilton Grand Vacations from $45.00 to $42.00 and set an "equal weight" rating for the company in a research note on Friday, May 2nd. The Goldman Sachs Group upped their price target on shares of Hilton Grand Vacations from $30.00 to $34.00 and gave the stock a "sell" rating in a research report on Friday, May 2nd. Finally, Truist Financial increased their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a research note on Friday, March 7th. 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. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $46.00.

Insider Activity at Hilton Grand Vacations

In related news, insider Charles R. Jr. Corbin sold 51,000 shares of the business'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 now directly owns 60,270 shares in the company, valued at $2,337,270.60. The trade was a 45.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.70% of the stock is owned by company insiders.

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.