Russell Investments Group Ltd. Has $1.36 Million Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

Russell Investments Group Ltd. decreased its stake in Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) by 32.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,885 shares of the company's stock after selling 16,670 shares during the period. Russell Investments Group Ltd.'s holdings in Hilton Grand Vacations were worth $1,359,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of HGV. Norges Bank acquired a new position in Hilton Grand Vacations during the fourth quarter valued at approximately $33,047,000. Franklin Resources Inc. boosted its holdings in shares of Hilton Grand Vacations by 17.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company's stock valued at $117,402,000 after buying an additional 499,067 shares during the last quarter. Barclays PLC grew its stake in shares of Hilton Grand Vacations by 330.8% in the third quarter. Barclays PLC now owns 246,131 shares of the company's stock valued at $8,941,000 after buying an additional 188,997 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Hilton Grand Vacations during the fourth quarter worth $6,428,000. Finally, Pamalican Asset Management Ltd bought a new stake in Hilton Grand Vacations during the fourth quarter worth $5,842,000. Institutional investors own 97.23% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on HGV shares. Mizuho raised their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an "outperform" rating in a report on Friday, February 28th. 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 for the company in a research note on Monday, April 14th. Morgan Stanley decreased their price target on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a research note on Tuesday. StockNews.com upgraded shares of Hilton Grand Vacations from a "sell" rating to a "hold" rating in a research report on Saturday, March 1st. Finally, Truist Financial upped their target price on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a research report on Friday, March 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Hilton Grand Vacations currently has a consensus rating of "Hold" and a consensus target price of $44.63.

Hilton Grand Vacations Price Performance

Shares of NYSE:HGV traded down $0.11 during trading on Friday, hitting $34.40. 132,190 shares of the company were exchanged, compared to its average volume of 878,321. Hilton Grand Vacations Inc. has a 1-year low of $30.59 and a 1-year high of $45.48. The company has a market capitalization of $3.26 billion, a P/E ratio of 39.10, a price-to-earnings-growth ratio of 2.20 and a beta of 1.68. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The business's 50 day moving average is $37.12 and its 200-day moving average is $39.00.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by ($0.40). The firm had revenue of $1.28 billion during 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%. Equities analysts forecast that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

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.