Hilton Grand Vacations (NYSE:HGV) Trading Up 3.2%

Hilton Grand Vacations Inc. (NYSE:HGV - Get Free Report)'s stock price was up 3.2% on Monday . The company traded as high as $45.12 and last traded at $44.94. Approximately 64,748 shares traded hands during trading, a decline of 92% from the average daily volume of 766,530 shares. The stock had previously closed at $43.53.

Analysts Set New Price Targets

A number of analysts recently weighed in on HGV shares. JMP Securities restated a "market outperform" rating and set a $55.00 target price on shares of Hilton Grand Vacations in a report on Friday, March 1st. Mizuho initiated coverage on shares of Hilton Grand Vacations in a research report on Tuesday, March 26th. They issued a "buy" rating and a $63.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of Hilton Grand Vacations in a research report on Monday. They issued an "overweight" rating and a $59.00 price target for the company. Barclays upped their price target on shares of Hilton Grand Vacations from $47.00 to $54.00 and gave the company an "overweight" rating in a research report on Friday, March 1st. Finally, Jefferies Financial Group upgraded shares of Hilton Grand Vacations from a "hold" rating to a "buy" rating and upped their price target for the company from $39.00 to $50.00 in a research report on Tuesday, January 2nd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $57.50.

Hilton Grand Vacations Trading Up 0.4 %

The company has a current ratio of 4.34, a quick ratio of 3.10 and a debt-to-equity ratio of 2.13. The company has a market cap of $4.58 billion, a PE ratio of 15.60, a P/E/G ratio of 0.91 and a beta of 1.93. The business's 50-day simple moving average is $45.19 and its 200-day simple moving average is $40.99.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its earnings results on Thursday, February 29th. The company reported $1.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.04. Hilton Grand Vacations had a net margin of 7.87% and a return on equity of 19.06%. The company had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm earned $1.01 EPS. The company's revenue was up 2.7% compared to the same quarter last year. As a group, analysts expect that Hilton Grand Vacations Inc. will post 4.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jorge Pablo Brizi sold 28,000 shares of the stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $47.00, for a total transaction of $1,316,000.00. Following the transaction, the insider now owns 51,855 shares in the company, valued at approximately $2,437,185. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, insider Jorge Pablo Brizi sold 28,000 shares of the stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $47.00, for a total transaction of $1,316,000.00. Following the transaction, the insider now owns 51,855 shares in the company, valued at approximately $2,437,185. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Charles R. Jr. Corbin sold 23,000 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $45.49, for a total transaction of $1,046,270.00. Following the transaction, the insider now owns 140,618 shares in the company, valued at approximately $6,396,712.82. The disclosure for this sale can be found here. Insiders sold a total of 89,557 shares of company stock worth $4,142,832 in the last quarter. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Wesbanco Bank Inc. acquired a new position in Hilton Grand Vacations in the 3rd quarter valued at $1,021,000. GSA Capital Partners LLP acquired a new position in Hilton Grand Vacations in the 3rd quarter valued at $2,220,000. Nordea Investment Management AB grew its stake in Hilton Grand Vacations by 2.6% in the 4th quarter. Nordea Investment Management AB now owns 249,812 shares of the company's stock valued at $10,012,000 after buying an additional 6,223 shares during the last quarter. Savoir Faire Capital Management L.P. acquired a new position in Hilton Grand Vacations in the 3rd quarter valued at $1,070,000. Finally, 683 Capital Management LLC grew its stake in Hilton Grand Vacations by 32.5% in the 3rd quarter. 683 Capital Management LLC now owns 550,000 shares of the company's stock valued at $22,385,000 after buying an additional 135,000 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company's stock.

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.