Winslow Asset Management Inc. Sells 7,877 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Winslow Asset Management Inc. reduced its stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 8.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,727 shares of the company's stock after selling 7,877 shares during the period. Winslow Asset Management Inc. owned approximately 0.09% of Hilton Grand Vacations worth $3,170,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HGV. CAS Investment Partners LLC lifted its stake in Hilton Grand Vacations by 2.0% in the fourth quarter. CAS Investment Partners LLC now owns 6,492,344 shares of the company's stock valued at $252,877,000 after buying an additional 129,333 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Hilton Grand Vacations by 11.3% in the fourth quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock worth $143,031,000 after acquiring an additional 373,442 shares during the last quarter. Parsifal Capital Management LP raised its position in shares of Hilton Grand Vacations by 1.8% in the fourth quarter. Parsifal Capital Management LP now owns 3,475,861 shares of the company's stock valued at $135,385,000 after buying an additional 62,346 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Hilton Grand Vacations by 21.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company's stock valued at $114,329,000 after buying an additional 512,362 shares during the period. Finally, Millennium Management LLC boosted its position in Hilton Grand Vacations by 27.7% during the fourth quarter. Millennium Management LLC now owns 2,045,286 shares of the company's stock worth $79,664,000 after acquiring an additional 443,353 shares during the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Insider Transactions at Hilton Grand Vacations

In related news, insider Charles R. Jr. Corbin sold 51,000 shares of the business's stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $38.78, for a total transaction of $1,977,780.00. Following the completion of the transaction, the insider owned 60,270 shares of the company's stock, valued at approximately $2,337,270.60. The trade was a 45.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.70% of the stock is owned by company insiders.

Hilton Grand Vacations Stock Down 0.6%

Hilton Grand Vacations stock traded down $0.30 during trading hours on Wednesday, hitting $47.58. The company had a trading volume of 602,137 shares, compared to its average volume of 941,640. Hilton Grand Vacations Inc. has a fifty-two week low of $30.59 and a fifty-two week high of $50.04. The company has a debt-to-equity ratio of 4.01, a current ratio of 3.95 and a quick ratio of 2.49. The firm has a market capitalization of $4.36 billion, a P/E ratio of 148.72, a price-to-earnings-growth ratio of 5.63 and a beta of 1.63. The firm's fifty day moving average is $41.17 and its 200-day moving average is $39.28.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.40). The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.25 billion. Hilton Grand Vacations had a return on equity of 9.93% and a net margin of 0.68%. The company's quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.95 EPS. On average, research analysts forecast that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on HGV. Mizuho increased their target price on Hilton Grand Vacations from $60.00 to $70.00 and gave the stock an "outperform" rating in a research report 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. Morgan Stanley reduced their price objective 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. JMP Securities reaffirmed 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. Finally, Barclays cut their price objective on shares of Hilton Grand Vacations from $45.00 to $42.00 and set an "equal weight" rating on the stock in a research note on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $46.00.

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.