Hilton Grand Vacations (NYSE:HGV) Price Target Raised to $45.00 at Barclays

Hilton Grand Vacations (NYSE:HGV) had its price objective upped by Barclays from $41.00 to $45.00 in a research note released on Friday,Benzinga reports. The firm currently has an equal weight rating on the stock.

Several other research analysts have also recently weighed in on the company. The Goldman Sachs Group increased their price objective on Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. JMP Securities lowered their price objective on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research report on Wednesday, December 18th. Mizuho increased their price objective on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday. Truist Financial lowered their price objective on Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Tuesday, November 26th. Finally, Morgan Stanley assumed coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective on the stock. 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. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $45.13.

Hilton Grand Vacations Stock Up 1.1 %

HGV opened at $42.95 on Friday. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $48.65. The stock’s fifty day simple moving average is $40.59 and its 200 day simple moving average is $39.27. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. The stock has a market cap of $4.23 billion, a PE ratio of 48.81, a price-to-earnings-growth ratio of 2.20 and a beta of 1.85.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.49 earnings per share 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 business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. As a group, research analysts expect that Hilton Grand Vacations will post 3.39 earnings per share for the current year.

Hedge Funds Weigh In On Hilton Grand Vacations

Hedge funds have recently made changes to their positions in the stock. Amalgamated Bank increased its holdings in Hilton Grand Vacations by 0.9% in the fourth quarter. Amalgamated Bank now owns 28,884 shares of the company’s stock worth $1,125,000 after purchasing an additional 263 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Hilton Grand Vacations by 0.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 40,689 shares of the company’s stock worth $1,585,000 after purchasing an additional 303 shares in the last quarter. Bank of Montreal Can grew its stake in Hilton Grand Vacations by 5.1% in the fourth quarter. Bank of Montreal Can now owns 7,447 shares of the company’s stock valued at $290,000 after acquiring an additional 361 shares during the period. Blue Trust Inc. grew its stake in Hilton Grand Vacations by 141.7% in the third quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock valued at $36,000 after acquiring an additional 588 shares during the period. Finally, Reston Wealth Management LLC acquired a new stake in Hilton Grand Vacations in the third quarter valued at approximately $25,000. 97.23% of the stock is currently owned by institutional investors.

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.