Jump Financial LLC Cuts Stock Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Jump Financial LLC cut its holdings in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 76.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,225 shares of the company's stock after selling 29,597 shares during the period. Jump Financial LLC's holdings in Hilton Grand Vacations were worth $359,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of HGV. Franklin Resources Inc. raised its stake in Hilton Grand Vacations by 11.3% during the 4th quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock worth $143,031,000 after acquiring an additional 373,442 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Hilton Grand Vacations by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 892,057 shares of the company's stock worth $34,746,000 after buying an additional 30,019 shares during the period. Norges Bank bought a new stake in Hilton Grand Vacations during the fourth quarter valued at about $33,047,000. PB Investment Partners L.P. grew its position in shares of Hilton Grand Vacations by 5.9% during the fourth 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 in the last quarter. Finally, Invesco Ltd. grew its position in shares of Hilton Grand Vacations by 34.9% during the fourth quarter. Invesco Ltd. now owns 360,072 shares of the company's stock worth $14,025,000 after purchasing an additional 93,168 shares in the last quarter. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Trading Down 1.6 %

Shares of HGV traded down $0.55 during trading hours on Wednesday, reaching $33.39. 517,875 shares of the company traded hands, compared to its average volume of 886,970. The firm has a market cap of $3.16 billion, a price-to-earnings ratio of 37.94, a PEG ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a 12-month low of $30.59 and a 12-month high of $45.00. The stock's fifty day moving average price is $36.61 and its 200 day moving average price is $39.00. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on HGV shares. Barclays lifted their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the company an "equal weight" rating in a research report on Friday, February 28th. Truist Financial boosted their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a "buy" rating in a research note on Friday, March 7th. The Goldman Sachs Group dropped their price objective on shares of Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating for the company in a report on Monday, April 14th. Mizuho boosted 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. Finally, StockNews.com raised Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Saturday, March 1st. One equities research 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, the company currently has a consensus rating of "Hold" and a consensus target price of $44.63.

Hilton Grand Vacations Company 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.