Hilton Grand Vacations Inc. (NYSE:HGV) Receives Consensus Rating of "Hold" from Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) have been given a consensus rating of "Hold" by the eight brokerages that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $46.00.

A number of analysts have recently commented on the company. Truist Financial upped their price target on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a research note on Friday, March 7th. Morgan Stanley cut their target price on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. StockNews.com raised shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. The Goldman Sachs Group raised their price objective on Hilton Grand Vacations from $30.00 to $34.00 and gave the stock a "sell" rating in a research note on Friday, May 2nd. Finally, Mizuho increased their price target on Hilton Grand Vacations from $60.00 to $70.00 and gave the stock an "outperform" rating in a report on Friday, May 2nd.

Institutional Investors Weigh In On Hilton Grand Vacations

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Signaturefd LLC raised its holdings in Hilton Grand Vacations by 136.9% during the first quarter. Signaturefd LLC now owns 860 shares of the company's stock worth $32,000 after acquiring an additional 497 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Hilton Grand Vacations by 106.8% in the 1st quarter. UMB Bank n.a. now owns 1,065 shares of the company's stock valued at $40,000 after buying an additional 550 shares during the last quarter. Covestor Ltd grew its stake in shares of Hilton Grand Vacations by 432.4% in the fourth quarter. Covestor Ltd now owns 1,283 shares of the company's stock valued at $50,000 after buying an additional 1,042 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Hilton Grand Vacations during the first quarter worth $73,000. Finally, Bayforest Capital Ltd bought a new stake in Hilton Grand Vacations during the first quarter worth $73,000. 97.23% of the stock is owned by institutional investors.

Hilton Grand Vacations Trading Up 5.7%

NYSE HGV traded up $2.22 during trading hours on Friday, hitting $41.19. The company's stock had a trading volume of 838,946 shares, compared to its average volume of 903,063. Hilton Grand Vacations has a twelve month low of $30.59 and a twelve month high of $44.99. The firm has a market capitalization of $3.78 billion, a P/E ratio of 46.80, a PEG ratio of 2.20 and a beta of 1.60. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The stock has a fifty day moving average of $36.00 and a 200 day moving average of $39.05.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.40). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the company earned $0.95 EPS. The business's revenue for the quarter was down .7% compared to the same quarter last year. Equities 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, 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.