Hilton Grand Vacations (NYSE:HGV) Upgraded to Hold at StockNews.com

StockNews.com upgraded shares of Hilton Grand Vacations (NYSE:HGV) from a sell rating to a hold rating in a research note issued to investors on Saturday morning.

Several other equities research analysts have also recently weighed in on the company. Morgan Stanley began coverage on Hilton Grand Vacations in a research note on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective on the stock. Barclays boosted their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday. The Goldman Sachs Group boosted their target price on Hilton Grand Vacations from $33.00 to $37.00 and gave the company a “sell” rating in a research report on Tuesday, December 10th. Mizuho boosted their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday. Finally, JMP Securities dropped their target price on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Hilton Grand Vacations has an average rating of “Hold” and a consensus target price of $45.13.

Hilton Grand Vacations Trading Up 1.1 %

Shares of NYSE HGV opened at $42.95 on Friday. The business’s 50 day moving average is $40.59 and its two-hundred day moving average is $39.29. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $48.65. The stock has a market capitalization of $4.23 billion, a P/E ratio of 48.81, a PEG ratio of 2.20 and a beta of 1.85.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company had revenue of $1.28 billion for 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 EPS for the current year.

Institutional Trading of Hilton Grand Vacations

A number of large investors have recently modified their holdings of the company. Nantahala Capital Management LLC lifted its holdings in Hilton Grand Vacations by 131.8% during the fourth quarter. Nantahala Capital Management LLC now owns 1,730,995 shares of the company’s stock worth $67,422,000 after buying an additional 984,166 shares during the period. FMR LLC lifted its holdings in Hilton Grand Vacations by 39.0% during the third quarter. FMR LLC now owns 3,271,387 shares of the company’s stock worth $118,817,000 after buying an additional 917,397 shares during the period. Norges Bank purchased a new stake in Hilton Grand Vacations during the fourth quarter worth $33,047,000. GRS Advisors LLC purchased a new stake in Hilton Grand Vacations during the fourth quarter worth $24,414,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Hilton Grand Vacations by 21.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company’s stock worth $114,329,000 after buying an additional 512,362 shares during the period. Hedge funds and other institutional investors own 97.23% of the company’s stock.

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.