North Peak Capital Management LLC Has $224.64 Million Position in Hilton Grand Vacations Inc. (NYSE:HGV)

North Peak Capital Management LLC lowered its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,767,438 shares of the company's stock after selling 124,034 shares during the quarter. Hilton Grand Vacations comprises about 29.8% of North Peak Capital Management LLC's holdings, making the stock its largest position. North Peak Capital Management LLC owned 5.86% of Hilton Grand Vacations worth $224,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Barclays PLC raised its stake in Hilton Grand Vacations by 330.8% during the third quarter. Barclays PLC now owns 246,131 shares of the company's stock worth $8,941,000 after purchasing an additional 188,997 shares during the period. Franklin Resources Inc. grew its position in Hilton Grand Vacations by 17.8% during the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company's stock valued at $117,402,000 after acquiring an additional 499,067 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Hilton Grand Vacations by 38,000.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 9,525 shares of the company's stock worth $371,000 after purchasing an additional 9,500 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of Hilton Grand Vacations in the 4th quarter valued at about $204,000. Finally, PB Investment Partners L.P. grew its holdings in shares of Hilton Grand Vacations by 5.9% during the 4th quarter. PB Investment Partners L.P. now owns 571,414 shares of the company's stock worth $22,257,000 after purchasing an additional 31,939 shares during the period. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Grand Vacations Stock Up 1.9 %

Shares of HGV stock traded up $0.65 during mid-day trading on Thursday, reaching $34.40. 346,007 shares of the company were exchanged, compared to its average volume of 877,816. 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 simple moving average is $37.29 and its 200 day simple moving average is $39.02. The company has a market capitalization of $3.26 billion, a P/E ratio of 39.09, 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.

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

Analysts Set New Price Targets

A number of brokerages have recently commented on HGV. The Goldman Sachs Group cut their target price on shares of Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating on the stock in a research note on Monday, April 14th. Mizuho upped their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a research report on Friday, February 28th. StockNews.com upgraded Hilton Grand Vacations from a "sell" rating to a "hold" rating in a report on Saturday, March 1st. Morgan Stanley decreased their price target on Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating for the company in a report on Tuesday. Finally, Truist Financial boosted their target price 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. 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 stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $44.63.

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.