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

Hilton Grand Vacations (NYSE:HGVGet Free Report) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Thursday.

Several other analysts also recently issued reports on HGV. The Goldman Sachs Group upped their price objective on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a report on Tuesday, December 10th. Barclays restated an “equal weight” rating and set a $41.00 price target (down from $44.00) on shares of Hilton Grand Vacations in a report on Friday, December 13th. Mizuho dropped their price objective on Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 12th. Morgan Stanley started coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective for the company. Finally, JMP Securities lowered their target price 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. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hilton Grand Vacations has a consensus rating of “Hold” and an average target price of $44.00.

View Our Latest Stock Report on Hilton Grand Vacations

Hilton Grand Vacations Stock Down 2.3 %

HGV opened at $41.01 on Thursday. Hilton Grand Vacations has a twelve month low of $33.21 and a twelve month high of $49.02. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The business has a 50 day moving average price of $40.36 and a 200 day moving average price of $39.07. The firm has a market cap of $4.04 billion, a P/E ratio of 46.60, a price-to-earnings-growth ratio of 2.25 and a beta of 1.85.

Insider Activity at Hilton Grand Vacations

In other Hilton Grand Vacations news, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of Hilton Grand Vacations stock in a transaction on Monday, November 25th. The shares were sold at an average price of $42.10, for a total transaction of $168,400,000.00. Following the sale, the insider now owns 26,295,825 shares in the company, valued at $1,107,054,232.50. The trade was a 13.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Hilton Grand Vacations

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CAS Investment Partners LLC increased its stake in Hilton Grand Vacations by 2.0% in the fourth quarter. CAS Investment Partners LLC now owns 6,492,344 shares of the company’s stock valued at $252,877,000 after acquiring an additional 129,333 shares during the period. Franklin Resources Inc. grew its stake in shares of Hilton Grand Vacations by 11.3% in the 4th quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company’s stock valued at $143,031,000 after purchasing an additional 373,442 shares during the period. Parsifal Capital Management LP grew its stake in shares of Hilton Grand Vacations by 1.8% in the 4th quarter. Parsifal Capital Management LP now owns 3,475,861 shares of the company’s stock valued at $135,385,000 after purchasing an additional 62,346 shares during the period. FMR LLC raised its holdings in shares of Hilton Grand Vacations by 39.0% in the 3rd 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 in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of 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 worth $114,329,000 after buying an additional 512,362 shares during the period. 97.23% of the stock is owned by institutional investors.

Hilton Grand Vacations Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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