Hilton Grand Vacations Inc. (NYSE:HGV) Given Consensus Rating of “Hold” by Brokerages

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have received an average recommendation of “Hold” from the eight ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $47.25.

HGV has been the subject of several recent analyst reports. Mizuho raised their price objective on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st. Barclays increased their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Morgan Stanley initiated coverage on Hilton Grand Vacations in a research note on Monday, January 6th. They issued an “overweight” rating and a $47.00 target price for the company. Finally, JMP Securities cut their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a report on Wednesday, December 18th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HGV. Covestor Ltd raised its position in Hilton Grand Vacations by 432.4% in the 4th quarter. Covestor Ltd now owns 1,283 shares of the company’s stock valued at $50,000 after buying an additional 1,042 shares during the last quarter. KBC Group NV raised its holdings in shares of Hilton Grand Vacations by 41.2% in the fourth quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after purchasing an additional 889 shares during the last quarter. Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations during the fourth quarter valued at about $200,000. Crossmark Global Holdings Inc. purchased a new position in Hilton Grand Vacations during the fourth quarter worth about $204,000. Finally, FourThought Financial Partners LLC purchased a new position in Hilton Grand Vacations during the fourth quarter worth about $232,000. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Price Performance

HGV stock opened at $37.93 on Friday. 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 firm has a market cap of $3.59 billion, a price-to-earnings ratio of 43.10, a PEG ratio of 2.20 and a beta of 1.84. The company’s fifty day simple moving average is $40.31 and its 200 day simple moving average is $39.37. Hilton Grand Vacations has a 12-month low of $33.21 and a 12-month high of $47.81.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data 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 business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. On average, analysts expect that Hilton Grand Vacations 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.