WINTON GROUP Ltd Buys Shares of 104,915 Hilton Grand Vacations Inc. $HGV

Key Points

• WINTON GROUP bought a new stake of 104,915 shares of Hilton Grand Vacations (≈$4.39 million), representing about 0.12% ownership at the end of the quarter.
• Hilton Grand Vacations missed quarterly expectations, reporting $0.88 EPS vs. $1.05 expected and $1.33 billion in revenue vs. $1.38 billion estimated, and the stock was down about 0.7% on the report.
• Analyst coverage is mixed with a consensus rating of Hold, an average price target of $52.33, and a split of 4 Buys, 5 Holds and 2 Sells.

WINTON GROUP Ltd bought a new stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 104,915 shares of the company's stock, valued at approximately $4,386,000. WINTON GROUP Ltd owned approximately 0.12% of Hilton Grand Vacations at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Securian Asset Management Inc. raised its stake in Hilton Grand Vacations by 5.0% in the 3rd quarter. Securian Asset Management Inc. now owns 4,619 shares of the company's stock valued at $193,000 after purchasing an additional 222 shares during the last quarter. Waterway Wealth Management LLC lifted its holdings in Hilton Grand Vacations by 4.3% in the 3rd quarter. Waterway Wealth Management LLC now owns 7,950 shares of the company's stock valued at $332,000 after purchasing an additional 325 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Hilton Grand Vacations by 73.0% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,109 shares of the company's stock worth $46,000 after purchasing an additional 468 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Hilton Grand Vacations by 3.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 12,994 shares of the company's stock worth $543,000 after buying an additional 481 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in shares of Hilton Grand Vacations by 136.8% during the second quarter. Nomura Asset Management Co. Ltd. now owns 900 shares of the company's stock worth $37,000 after buying an additional 520 shares in the last quarter. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Stock Down 0.7%

NYSE HGV opened at $43.24 on Tuesday. The business's fifty day simple moving average is $46.16 and its 200-day simple moving average is $44.38. The company has a quick ratio of 3.17, a current ratio of 5.20 and a debt-to-equity ratio of 5.04. The firm has a market cap of $3.52 billion, a PE ratio of 47.52, a P/E/G ratio of 0.60 and a beta of 1.43. Hilton Grand Vacations Inc. has a 52 week low of $30.59 and a 52 week high of $52.08.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.88 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.05 by ($0.17). Hilton Grand Vacations had a net margin of 1.60% and a return on equity of 11.90%. The firm had revenue of $1.33 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same period in the prior year, the company posted $0.49 EPS. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. As a group, equities analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HGV has been the topic of several research reports. Jefferies Financial Group raised their price target on shares of Hilton Grand Vacations from $46.00 to $50.00 and gave the stock a "hold" rating in a research note on Monday, March 2nd. Barclays dropped their price objective on shares of Hilton Grand Vacations from $49.00 to $48.00 and set an "equal weight" rating for the company in a research note on Monday, March 2nd. Zacks Research downgraded shares of Hilton Grand Vacations from a "hold" rating to a "strong sell" rating in a report on Tuesday, March 3rd. The Goldman Sachs Group reissued a "sell" rating and issued a $40.00 target price on shares of Hilton Grand Vacations in a research note on Thursday, February 26th. Finally, Morgan Stanley restated an "equal weight" rating and set a $49.00 target price on shares of Hilton Grand Vacations in a report on Friday, January 16th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $52.33.

About Hilton Grand Vacations

Hilton Grand Vacations Inc is a leading developer and marketer of premium vacation ownership resorts. The company specializes in selling timeshare interests in vacation properties under the Hilton Grand Vacations brand, enabling members to purchase deeded real estate interests and utilize a points-based system for booking stays. Alongside new sales, the company provides ongoing management services for its portfolio of resorts, ensuring high standards of guest services, resort maintenance, and member engagement through its proprietary technology platform.

In addition to vacation ownership sales, Hilton Grand Vacations offers a comprehensive suite of membership benefits.

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