13,008 Shares in Hilton Grand Vacations Inc. (NYSE:HGV) Bought by Guggenheim Capital LLC

Guggenheim Capital LLC bought a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 13,008 shares of the company's stock, valued at approximately $507,000.

Other hedge funds have also recently made changes to their positions in the company. Covestor Ltd raised its stake in Hilton Grand Vacations by 432.4% in the fourth quarter. Covestor Ltd now owns 1,283 shares of the company's stock worth $50,000 after buying an additional 1,042 shares in the last quarter. KBC Group NV grew its holdings 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 acquiring an additional 889 shares during the period. Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth approximately $200,000. Crossmark Global Holdings Inc. bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth approximately $204,000. Finally, FourThought Financial Partners LLC purchased a new position in shares of Hilton Grand Vacations in the 4th quarter valued at approximately $232,000. 97.23% of the stock is owned by hedge funds and other institutional investors.

Hilton Grand Vacations Stock Performance

Shares of HGV stock traded up $3.09 during mid-day trading on Thursday, reaching $36.72. The stock had a trading volume of 847,141 shares, compared to its average volume of 890,638. Hilton Grand Vacations Inc. has a 1-year low of $30.00 and a 1-year high of $45.00. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 41.86, a PEG ratio of 2.20 and a beta of 1.68. The business's fifty day moving average is $36.46 and its 200-day moving average is $38.96.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.43). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The business's revenue was down .7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 earnings per share. 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

A number of research analysts have issued reports on HGV shares. Barclays lifted their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a research note on Friday, February 28th. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Morgan Stanley lowered their price objective 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. The Goldman Sachs Group cut their price target on Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating for the company in a research note on Monday, April 14th. Finally, Mizuho increased their price objective on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Hilton Grand Vacations currently has an average rating of "Hold" and a consensus price target of $44.63.

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.