Hilton Grand Vacations Inc (NYSE:HGV) has been assigned an average rating of “Hold” from the ten analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $40.80.
Several research firms have commented on HGV. Zacks Investment Research lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Wednesday, February 6th. TheStreet upgraded Hilton Grand Vacations from a “c” rating to a “b-” rating in a research note on Tuesday, February 19th. SunTrust Banks boosted their price objective on Hilton Grand Vacations to $51.00 and gave the company a “buy” rating in a report on Friday, March 1st. They noted that the move was a valuation call. ValuEngine cut Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Finally, Credit Suisse Group restated an “outperform” rating and issued a $37.00 target price on shares of Hilton Grand Vacations in a research note on Wednesday, March 20th.
Shares of NYSE:HGV opened at $32.72 on Wednesday. Hilton Grand Vacations has a 52-week low of $24.17 and a 52-week high of $44.49. The stock has a market capitalization of $3.04 billion, a PE ratio of 10.73, a PEG ratio of 1.95 and a beta of 1.68. The company has a debt-to-equity ratio of 2.21, a current ratio of 4.66 and a quick ratio of 3.42.
Hilton Grand Vacations (NYSE:HGV) last released its earnings results on Wednesday, February 27th. The company reported $1.24 EPS for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.04. The firm had revenue of $642.00 million during the quarter, compared to the consensus estimate of $589.49 million. Hilton Grand Vacations had a return on equity of 56.90% and a net margin of 14.91%. The company’s revenue was up 43.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.83 earnings per share. As a group, equities analysts predict that Hilton Grand Vacations will post 2.8 earnings per share for the current fiscal year.
Large investors have recently bought and sold shares of the company. Putnam Investments LLC acquired a new stake in shares of Hilton Grand Vacations during the 3rd quarter valued at about $2,325,000. Dimensional Fund Advisors LP increased its stake in shares of Hilton Grand Vacations by 10.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 751,159 shares of the company’s stock valued at $24,863,000 after purchasing an additional 72,384 shares in the last quarter. Royce & Associates LP raised its holdings in Hilton Grand Vacations by 48,602.2% in the 4th quarter. Royce & Associates LP now owns 536,211 shares of the company’s stock worth $14,151,000 after purchasing an additional 535,110 shares during the period. Virginia Retirement Systems ET AL acquired a new position in Hilton Grand Vacations in the 4th quarter worth about $377,000. Finally, BlackRock Inc. raised its holdings in Hilton Grand Vacations by 1.8% in the 3rd quarter. BlackRock Inc. now owns 4,110,260 shares of the company’s stock worth $136,048,000 after purchasing an additional 72,417 shares during the period.
Hilton Grand Vacations Company Profile
Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.
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