Hilton Grand Vacations Inc. (NYSE:HGV) Given Average Rating of "Hold" by Brokerages

Key Points

• Eleven brokerages give HGV an average rating of Hold (2 sell, 5 hold, 4 buy) with a one‑year average price target of about $51.78.
• Hilton Grand Vacations' latest quarter missed estimates, reporting EPS of $0.88 versus a $1.05 consensus and revenue of $1.33B versus $1.38B, though revenue was up 3.8% year‑over‑year.
• About 97.23% of HGV is owned by institutional investors, with several funds materially increasing stakes recently (notably North Peak Capital's ~6.81M shares).

Shares of Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) have been given an average rating of "Hold" by the eleven brokerages that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $51.7778.

HGV has been the topic of several recent analyst reports. Jefferies Financial Group boosted their price target on Hilton Grand Vacations from $46.00 to $50.00 and gave the company a "hold" rating in a research note on Monday. Truist Financial reduced their target price on shares of Hilton Grand Vacations from $62.00 to $59.00 and set a "buy" rating on the stock in a research note on Friday, November 14th. Wells Fargo & Company initiated coverage on shares of Hilton Grand Vacations in a report on Tuesday, November 18th. They issued an "equal weight" rating and a $42.00 target price on the stock. The Goldman Sachs Group reissued a "sell" rating and set a $40.00 price target on shares of Hilton Grand Vacations in a report on Thursday, February 26th. Finally, Barclays reduced their price target on shares of Hilton Grand Vacations from $49.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Monday.

Institutional Investors Weigh In On Hilton Grand Vacations

Large investors have recently bought and sold shares of the business. Iridian Asset Management LLC CT increased its stake in shares of Hilton Grand Vacations by 38.0% in the third quarter. Iridian Asset Management LLC CT now owns 274,055 shares of the company's stock valued at $11,458,000 after buying an additional 75,453 shares in the last quarter. Quantbot Technologies LP acquired a new position in Hilton Grand Vacations during the 2nd quarter worth about $1,774,000. Assenagon Asset Management S.A. lifted its position in Hilton Grand Vacations by 2,637.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 221,932 shares of the company's stock worth $9,279,000 after buying an additional 213,824 shares in the last quarter. Close Asset Management Ltd grew its holdings in Hilton Grand Vacations by 15.7% during the 3rd quarter. Close Asset Management Ltd now owns 1,239,840 shares of the company's stock worth $51,832,000 after acquiring an additional 168,160 shares during the last quarter. Finally, North Peak Capital Management LLC increased its position in Hilton Grand Vacations by 11.3% in the 2nd quarter. North Peak Capital Management LLC now owns 6,810,126 shares of the company's stock valued at $282,825,000 after acquiring an additional 693,495 shares in the last quarter. 97.23% of the stock is currently owned by institutional investors.

Hilton Grand Vacations Stock Performance

NYSE HGV opened at $45.27 on Friday. Hilton Grand Vacations has a twelve month low of $30.59 and a twelve month high of $52.08. 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 stock has a market cap of $3.69 billion, a P/E ratio of 49.75, a PEG ratio of 1.10 and a beta of 1.43. The company's 50-day simple moving average is $46.23 and its 200 day simple moving average is $44.37.

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

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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