Hilton Grand Vacations Inc. (NYSE:HGV) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analysts give Hilton Grand Vacations an average "Hold" rating (1 sell, 6 hold, 4 buy) with a 12‑month consensus target of about $53.56.
• Institutional investors own roughly 97.23% of HGV, with recent stake increases from Vanguard, Close Asset Management, Iridian and others.
• HGV shares trade near $46.21 with a $3.76B market cap and a PE of 50.78; the company missed the last quarter's estimates with $0.88 EPS (vs. $1.05 expected) and $1.33B revenue (vs. $1.38B expected).

Shares of Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) have earned an average rating of "Hold" from the eleven analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $53.5556.

A number of analysts have commented on the stock. Zacks Research upgraded shares of Hilton Grand Vacations from a "strong sell" rating to a "hold" rating in a research note on Wednesday, April 1st. Weiss Ratings upgraded shares of Hilton Grand Vacations from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, February 17th. Barclays decreased their price target 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. Wall Street Zen upgraded shares of Hilton Grand Vacations from a "hold" rating to a "buy" rating in a research note on Saturday, March 28th. Finally, Wells Fargo & Company decreased their price target on shares of Hilton Grand Vacations from $49.00 to $47.00 and set an "equal weight" rating for the company in a research note on Thursday, April 16th.

Institutional Trading of Hilton Grand Vacations

Institutional investors have recently made changes to their positions in the company. Iridian Asset Management LLC CT grew its stake in shares of Hilton Grand Vacations by 38.0% in the 3rd quarter. Iridian Asset Management LLC CT now owns 274,055 shares of the company's stock worth $11,458,000 after acquiring an additional 75,453 shares in the last quarter. TFJ Management LLC grew its stake in shares of Hilton Grand Vacations by 17.1% in the 3rd quarter. TFJ Management LLC now owns 266,171 shares of the company's stock worth $11,129,000 after acquiring an additional 38,780 shares in the last quarter. Tudor Investment Corp ET AL bought a new stake in shares of Hilton Grand Vacations in the 3rd quarter worth $6,956,000. Close Asset Management Ltd grew its stake in shares of Hilton Grand Vacations by 15.7% in 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 in the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Hilton Grand Vacations by 7.3% in the 3rd quarter. Vanguard Group Inc. now owns 6,789,028 shares of the company's stock worth $283,849,000 after acquiring an additional 464,618 shares in the last quarter. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Stock Performance

Shares of HGV stock opened at $46.21 on Friday. The firm has a market capitalization of $3.76 billion, a PE ratio of 50.78, a price-to-earnings-growth ratio of 0.62 and a beta of 1.49. The firm has a fifty day simple moving average of $44.05 and a two-hundred day simple moving average of $43.85. The company has a current ratio of 5.20, a quick ratio of 3.17 and a debt-to-equity ratio of 5.04. Hilton Grand Vacations has a 12 month low of $32.28 and a 12 month high of $52.08.

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). The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. Hilton Grand Vacations had a net margin of 1.60% and a return on equity of 11.90%. The business's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.49 EPS. Analysts forecast that Hilton Grand Vacations will post 3.78 EPS 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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