Cerity Partners LLC Sells 9,401 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Cerity Partners LLC decreased its holdings in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 40.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,579 shares of the company's stock after selling 9,401 shares during the period. Cerity Partners LLC's holdings in Hilton Grand Vacations were worth $493,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. KBC Group NV raised its stake in shares of Hilton Grand Vacations by 41.2% during the fourth quarter. KBC Group NV now owns 3,046 shares of the company's stock valued at $119,000 after purchasing an additional 889 shares in the last quarter. Aigen Investment Management LP acquired 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 fourth quarter valued at $204,000. FourThought Financial Partners LLC purchased a new stake in shares of Hilton Grand Vacations during the fourth quarter valued at $232,000. Finally, Cibc World Markets Corp purchased a new position in Hilton Grand Vacations in the 4th quarter worth about $261,000. 97.23% of the stock is currently owned by institutional investors.

Hilton Grand Vacations Price Performance

Shares of NYSE HGV traded down $0.04 during midday trading on Friday, reaching $34.46. The company's stock had a trading volume of 749,604 shares, compared to its average volume of 882,561. The company has a market cap of $3.26 billion, a P/E ratio of 39.16, a P/E/G ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a fifty-two week low of $30.59 and a fifty-two week high of $45.48. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The business's 50 day moving average price is $36.95 and its two-hundred day moving average price is $38.99.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. On average, analysts forecast that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Truist Financial lifted their price objective on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Mizuho lifted their price target on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a research report on Friday, February 28th. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. The Goldman Sachs Group decreased their target price 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, Barclays boosted their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an "equal weight" rating in a report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Hilton Grand Vacations has a consensus rating of "Hold" and an average price target of $44.63.

Hilton Grand Vacations 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.