TFJ Management LLC Takes Position in Hilton Grand Vacations Inc. (NYSE:HGV)

TFJ Management LLC purchased a new stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 91,670 shares of the company's stock, valued at approximately $3,571,000. Hilton Grand Vacations makes up 3.2% of TFJ Management LLC's investment portfolio, making the stock its 10th largest position. TFJ Management LLC owned approximately 0.09% of Hilton Grand Vacations at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. boosted its stake in shares of Hilton Grand Vacations by 11.3% during the 4th quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company's stock valued at $143,031,000 after buying an additional 373,442 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Hilton Grand Vacations by 21.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company's stock valued at $114,329,000 after acquiring an additional 512,362 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Hilton Grand Vacations by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 892,057 shares of the company's stock worth $34,746,000 after acquiring an additional 30,019 shares in the last quarter. Norges Bank bought a new stake in shares of Hilton Grand Vacations in the 4th quarter worth about $33,047,000. Finally, PB Investment Partners L.P. raised its stake in shares of Hilton Grand Vacations by 5.9% in the 4th quarter. PB Investment Partners L.P. now owns 571,414 shares of the company's stock valued at $22,257,000 after purchasing an additional 31,939 shares in the last quarter. Hedge funds and other institutional investors own 97.23% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HGV shares. The Goldman Sachs Group lowered their price objective on Hilton Grand Vacations from $42.00 to $30.00 and set a "sell" rating for the company in a report on Monday, April 14th. Barclays upped their price target on 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. Mizuho lifted their price objective on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an "outperform" rating in a report on Friday, February 28th. Morgan Stanley dropped their target price on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an "overweight" rating on the stock in a report on Tuesday. Finally, Truist Financial lifted their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a "buy" rating in a report on Friday, March 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $44.63.

Hilton Grand Vacations Stock Performance

Shares of NYSE:HGV traded down $0.01 on Friday, hitting $34.49. The company's stock had a trading volume of 347,799 shares, compared to its average volume of 1,024,198. The company has a market capitalization of $3.26 billion, a price-to-earnings ratio of 39.19, a price-to-earnings-growth ratio of 2.20 and a beta of 1.68. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. Hilton Grand Vacations Inc. has a 12 month low of $30.59 and a 12 month high of $45.48. The stock's 50-day moving average is $37.12 and its two-hundred day moving average is $39.00.

Hilton Grand Vacations (NYSE:HGV - Get Free Report) last announced 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). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. On average, equities research analysts forecast that Hilton Grand Vacations Inc. will post 3.39 EPS for the current year.

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.