Hilton Grand Vacations (NYSE:HGV) had its target price upped by analysts at Credit Suisse Group from $23.00 to $25.00 in a research note issued on Monday, BenzingaRatingsTable reports. The brokerage presently has an "outperform" rating on the stock. Credit Suisse Group's target price would suggest a potential upside of 23.15% from the company's current price.
A number of other research firms have also weighed in on HGV. Nomura reduced their target price on shares of Hilton Grand Vacations from $33.00 to $23.00 and set a "neutral" rating on the stock in a report on Tuesday, May 5th. TheStreet lowered shares of Hilton Grand Vacations from a "c-" rating to a "d" rating in a research note on Thursday. Zacks Investment Research lowered Hilton Grand Vacations from a "hold" rating to a "sell" rating in a research report on Thursday, July 16th. SunTrust Banks cut their price target on Hilton Grand Vacations from $43.00 to $20.00 and set a "buy" rating on the stock in a report on Wednesday, April 29th. Finally, ValuEngine raised shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of "Hold" and a consensus price target of $31.78.
NYSE HGV opened at $20.30 on Monday. The firm's fifty day moving average price is $20.79 and its two-hundred day moving average price is $22.79. The stock has a market cap of $1.73 billion, a PE ratio of 21.37 and a beta of 2.22. The company has a debt-to-equity ratio of 3.96, a quick ratio of 5.30 and a current ratio of 7.59. Hilton Grand Vacations has a fifty-two week low of $8.28 and a fifty-two week high of $36.56.
Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.56) earnings per share for the quarter, missing analysts' consensus estimates of ($0.54) by ($0.02). The firm had revenue of $123.00 million for the quarter, compared to the consensus estimate of $139.29 million. Hilton Grand Vacations had a return on equity of 15.12% and a net margin of 5.82%. The company's revenue was down 72.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. As a group, sell-side analysts predict that Hilton Grand Vacations will post 0.07 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of HGV. CenturyLink Investment Management Co purchased a new position in Hilton Grand Vacations during the first quarter worth about $442,000. BNP Paribas Arbitrage SA boosted its stake in shares of Hilton Grand Vacations by 238.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 28,821 shares of the company's stock worth $455,000 after buying an additional 20,307 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Hilton Grand Vacations by 21.7% in the 1st quarter. Wells Fargo & Company MN now owns 169,162 shares of the company's stock worth $2,668,000 after buying an additional 30,152 shares during the last quarter. WINTON GROUP Ltd grew its holdings in shares of Hilton Grand Vacations by 52.1% in the first quarter. WINTON GROUP Ltd now owns 164,791 shares of the company's stock valued at $2,599,000 after acquiring an additional 56,480 shares in the last quarter. Finally, Deutsche Bank AG increased its position in shares of Hilton Grand Vacations by 22.2% during the first quarter. Deutsche Bank AG now owns 201,473 shares of the company's stock valued at $3,177,000 after acquiring an additional 36,604 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company's stock.
About Hilton Grand Vacations
Hilton Grand Vacations Inc, a timeshare company, develops, markets, and operates vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.
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