Jump Financial LLC Purchases New Position in Hilton Grand Vacations Inc. (NYSE:HGV)

Jump Financial LLC bought a new stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 33,190 shares of the company's stock, valued at approximately $1,334,000.

Several other institutional investors have also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Hilton Grand Vacations by 7.0% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,777 shares of the company's stock worth $846,000 after purchasing an additional 1,358 shares during the last quarter. Mackenzie Financial Corp increased its position in shares of Hilton Grand Vacations by 40.2% during the 3rd quarter. Mackenzie Financial Corp now owns 13,109 shares of the company's stock worth $507,000 after purchasing an additional 3,762 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Hilton Grand Vacations by 10.7% during the 3rd quarter. Fifth Third Bancorp now owns 5,041 shares of the company's stock worth $205,000 after purchasing an additional 489 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Hilton Grand Vacations by 78.6% during the 3rd quarter. Signaturefd LLC now owns 625 shares of the company's stock worth $25,000 after acquiring an additional 275 shares during the last quarter. Finally, Los Angeles Capital Management LLC increased its holdings in shares of Hilton Grand Vacations by 0.8% during the 3rd quarter. Los Angeles Capital Management LLC now owns 63,786 shares of the company's stock worth $2,596,000 after acquiring an additional 480 shares during the last quarter. Institutional investors own 97.23% of the company's stock.

Hilton Grand Vacations Price Performance

Shares of NYSE:HGV traded down $0.71 during trading on Friday, reaching $41.98. 657,665 shares of the company traded hands, compared to its average volume of 742,044. The company's 50 day moving average is $44.55 and its two-hundred day moving average is $41.82. The firm has a market capitalization of $4.35 billion, a PE ratio of 20.01, a PEG ratio of 2.30 and a beta of 1.94. The company has a quick ratio of 3.11, a current ratio of 4.44 and a debt-to-equity ratio of 3.09. Hilton Grand Vacations Inc. has a 52 week low of $33.13 and a 52 week high of $49.02.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last released its earnings results on Thursday, May 9th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. The firm had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.12 billion. Hilton Grand Vacations had a return on equity of 19.41% and a net margin of 5.62%. The company's revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.79 EPS. As a group, sell-side analysts predict that Hilton Grand Vacations Inc. will post 3.18 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on HGV. Mizuho began coverage on Hilton Grand Vacations in a report on Tuesday, March 26th. They set a "buy" rating and a $63.00 target price on the stock. Truist Financial boosted their target price on Hilton Grand Vacations from $66.00 to $70.00 and gave the stock a "buy" rating in a report on Friday, March 15th. JMP Securities reissued a "market outperform" rating and set a $55.00 target price on shares of Hilton Grand Vacations in a report on Friday, March 1st. JPMorgan Chase & Co. assumed coverage on Hilton Grand Vacations in a report on Monday, April 15th. They set an "overweight" rating and a $59.00 target price on the stock. Finally, Barclays upped their price objective on Hilton Grand Vacations from $47.00 to $54.00 and gave the company an "overweight" rating in a report on Friday, March 1st. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $58.57.

Insider Activity

In related news, insider Jorge Pablo Brizi sold 28,000 shares of the company's stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $47.00, for a total transaction of $1,316,000.00. Following the completion of the sale, the insider now directly owns 51,855 shares in the company, valued at approximately $2,437,185. The sale was disclosed in a filing with the SEC, which is available through this link. In related news, insider Jorge Pablo Brizi sold 28,000 shares of the company's stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $47.00, for a total transaction of $1,316,000.00. Following the completion of the sale, the insider now directly owns 51,855 shares in the company, valued at approximately $2,437,185. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Charles R. Jr. Corbin sold 38,557 shares of the company's stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $46.18, for a total value of $1,780,562.26. Following the sale, the insider now owns 166,997 shares of the company's stock, valued at $7,711,921.46. The disclosure for this sale can be found here. In the last three months, insiders sold 89,557 shares of company stock worth $4,142,832. 2.30% of the stock is currently owned by company insiders.

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.