Hilton Grand Vacations Inc. (NYSE:HGV) Receives $47.25 Average Target Price from Brokerages

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have been assigned an average recommendation of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $47.25.

Several equities analysts have recently weighed in on HGV shares. Morgan Stanley began coverage on Hilton Grand Vacations in a report on Monday, January 6th. They issued an “overweight” rating and a $47.00 price objective for the company. Truist Financial increased their target price on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a report on Friday, March 7th. Barclays lifted their price objective on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Mizuho boosted their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Friday, February 28th. Finally, The Goldman Sachs Group increased their price target on Hilton Grand Vacations from $37.00 to $42.00 and gave the company a “sell” rating in a research note on Tuesday, March 4th.

Hedge Funds Weigh In On Hilton Grand Vacations

Institutional investors and hedge funds have recently made changes to their positions in the business. Nantahala Capital Management LLC increased its stake in shares of 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 valued at $67,422,000 after purchasing an additional 984,166 shares in the last quarter. FMR LLC increased 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 during the last quarter. Norges Bank purchased a new stake in Hilton Grand Vacations during the fourth quarter valued at approximately $33,047,000. GRS Advisors LLC purchased a new stake in shares of Hilton Grand Vacations in the fourth quarter valued at $24,414,000. Finally, Dimensional Fund Advisors LP raised its position in Hilton Grand Vacations by 21.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company’s stock worth $114,329,000 after purchasing an additional 512,362 shares during the period. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Down 0.6 %

NYSE HGV opened at $38.87 on Friday. Hilton Grand Vacations has a 1-year low of $33.21 and a 1-year high of $47.81. 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’s 50 day moving average is $40.36 and its two-hundred day moving average is $39.39. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of 44.17, a PEG ratio of 2.20 and a beta of 1.84.

Hilton Grand Vacations (NYSE:HGV) last issued 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 company had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. Equities analysts forecast that Hilton Grand Vacations will post 3.39 earnings per share for the current fiscal 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.