Hilton Grand Vacations Inc. (NYSE:HGV) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $53.4286.

A number of equities analysts have recently commented on HGV shares. JMP Securities reaffirmed a “market outperform” rating and set a $50.00 price objective on shares of Hilton Grand Vacations in a report on Monday, May 5th. Deutsche Bank Aktiengesellschaft set a $59.00 price objective on shares of Hilton Grand Vacations and gave the stock a “buy” rating in a report on Monday, August 4th. The Goldman Sachs Group reiterated a “sell” rating and set a $39.00 target price on shares of Hilton Grand Vacations in a research report on Friday, August 1st. Morgan Stanley dropped their target price on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Finally, Mizuho increased their target price on shares of Hilton Grand Vacations from $73.00 to $76.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st.

Hilton Grand Vacations Price Performance

NYSE:HGV opened at $44.40 on Monday. The company has a 50-day moving average of $44.52 and a 200-day moving average of $40.42. The company has a market capitalization of $3.95 billion, a price-to-earnings ratio of 80.73, a PEG ratio of 3.79 and a beta of 1.65. Hilton Grand Vacations has a 52 week low of $30.59 and a 52 week high of $52.08. The company has a debt-to-equity ratio of 4.31, a quick ratio of 2.77 and a current ratio of 4.43.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.54 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.24). The business had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.38 billion. Hilton Grand Vacations had a return on equity of 9.71% and a net margin of 1.14%. Hilton Grand Vacations’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.62 earnings per share. As a group, equities research analysts anticipate that Hilton Grand Vacations will post 3.39 earnings per share for the current fiscal year.

Hilton Grand Vacations announced that its Board of Directors has initiated a share repurchase program on Wednesday, August 13th that permits the company to buyback $0.00 in shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On Hilton Grand Vacations

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its position in Hilton Grand Vacations by 272.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 17,777 shares of the company’s stock valued at $738,000 after acquiring an additional 13,008 shares in the last quarter. Man Group plc increased its position in Hilton Grand Vacations by 42.9% in the 2nd quarter. Man Group plc now owns 219,331 shares of the company’s stock valued at $9,109,000 after acquiring an additional 65,828 shares in the last quarter. HRT Financial LP increased its position in Hilton Grand Vacations by 1,353.1% in the 2nd quarter. HRT Financial LP now owns 176,115 shares of the company’s stock valued at $7,314,000 after acquiring an additional 163,995 shares in the last quarter. BNP Paribas Financial Markets increased its position in Hilton Grand Vacations by 564.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 64,742 shares of the company’s stock valued at $2,689,000 after acquiring an additional 54,997 shares in the last quarter. Finally, Brevan Howard Capital Management LP acquired a new stake in Hilton Grand Vacations in the 2nd quarter valued at about $2,053,000. Institutional investors and hedge funds own 97.23% of the company’s stock.

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.