Hilton Grand Vacations Inc. (NYSE:HGV) Receives $53.43 Consensus Target Price from Brokerages

Shares of Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven research firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $53.2857.

Several equities analysts have commented on HGV shares. Deutsche Bank Aktiengesellschaft set a $59.00 price objective on Hilton Grand Vacations and gave the company a "buy" rating in a research report on Monday, August 4th. Barclays raised their price objective on Hilton Grand Vacations from $42.00 to $49.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. The Goldman Sachs Group reiterated a "sell" rating and issued a $39.00 target price on shares of Hilton Grand Vacations in a research note on Friday, August 1st. JMP Securities restated a "market outperform" rating and set a $50.00 price target on shares of Hilton Grand Vacations in a research note on Monday, May 5th. Finally, Truist Financial decreased their target price on Hilton Grand Vacations from $63.00 to $62.00 and set a "buy" rating for the company in a report on Thursday.

Hilton Grand Vacations Price Performance

NYSE HGV traded up $3.07 during trading hours on Monday, reaching $46.46. The company's stock had a trading volume of 286,671 shares, compared to its average volume of 1,035,718. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 84.35, a PEG ratio of 3.73 and a beta of 1.65. Hilton Grand Vacations has a 1 year low of $30.59 and a 1 year high of $52.08. The firm's 50-day moving average price is $44.83 and its 200-day moving average price is $40.51. The company has a quick ratio of 2.77, a current ratio of 4.43 and a debt-to-equity ratio of 4.31.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.24). The firm had revenue of $1.27 billion for the quarter, compared to analysts' expectations of $1.38 billion. Hilton Grand Vacations had a return on equity of 9.71% and a net margin of 1.14%.The firm's revenue was up 2.5% on a year-over-year basis. During the same period last year, the company earned $0.62 earnings per share. On average, equities research analysts predict that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Hilton Grand Vacations announced that its board has approved a share buyback program on Wednesday, August 13th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its position in Hilton Grand Vacations by 272.8% during the second quarter. Tower Research Capital LLC TRC now owns 17,777 shares of the company's stock valued at $738,000 after acquiring an additional 13,008 shares in the last quarter. Man Group plc increased its position in shares of Hilton Grand Vacations by 42.9% in the second quarter. Man Group plc now owns 219,331 shares of the company's stock valued at $9,109,000 after buying an additional 65,828 shares in the last quarter. HRT Financial LP increased its position in shares of Hilton Grand Vacations by 1,353.1% in the second quarter. HRT Financial LP now owns 176,115 shares of the company's stock valued at $7,314,000 after buying an additional 163,995 shares in the last quarter. BNP Paribas Financial Markets increased its position in shares of Hilton Grand Vacations by 564.4% in the second quarter. BNP Paribas Financial Markets now owns 64,742 shares of the company's stock valued at $2,689,000 after buying an additional 54,997 shares in the last quarter. Finally, Brevan Howard Capital Management LP purchased a new stake in shares of Hilton Grand Vacations in the second quarter valued at approximately $2,053,000. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

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.