Hilton Grand Vacations Inc. (NYSE:HGV) Shares Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP grew its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 129.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 223,875 shares of the company’s stock after acquiring an additional 126,166 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Hilton Grand Vacations were worth $8,720,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HGV. KBC Group NV increased its position in Hilton Grand Vacations by 41.2% during the fourth quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after purchasing an additional 889 shares during the last quarter. Aigen Investment Management LP acquired a new stake in shares of Hilton Grand Vacations during the 4th quarter worth $200,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Hilton Grand Vacations during the 4th quarter worth $204,000. FourThought Financial Partners LLC purchased a new position in shares of Hilton Grand Vacations in the 4th quarter worth $232,000. Finally, Cibc World Markets Corp acquired a new position in Hilton Grand Vacations in the fourth quarter valued at $261,000. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Grand Vacations Stock Performance

Hilton Grand Vacations stock opened at $33.64 on Friday. Hilton Grand Vacations Inc. has a 12-month low of $31.19 and a 12-month high of $46.40. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 38.23, a price-to-earnings-growth ratio of 2.20 and a beta of 1.68. The firm’s fifty day moving average price is $39.75 and its 200 day moving average price is $39.39.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.40). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. On average, research analysts forecast that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have commented on HGV shares. Barclays upped their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Morgan Stanley started coverage on shares of Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 target price for the company. Mizuho lifted their price target on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company 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 report on Saturday, March 1st. Finally, The Goldman Sachs Group lifted their target price on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the company a “sell” rating in a report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $47.25.

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.