Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by North Peak Capital Management LLC

North Peak Capital Management LLC lowered its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 2.1% during the fourth quarter, Holdings Channel reports. The firm owned 5,767,438 shares of the company’s stock after selling 124,034 shares during the period. Hilton Grand Vacations makes up approximately 29.8% of North Peak Capital Management LLC’s investment portfolio, making the stock its largest position. North Peak Capital Management LLC owned about 0.06% of Hilton Grand Vacations worth $224,642,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of HGV. Covestor Ltd raised its stake in Hilton Grand Vacations by 432.4% during the 4th quarter. Covestor Ltd now owns 1,283 shares of the company’s stock worth $50,000 after acquiring an additional 1,042 shares in the last quarter. KBC Group NV lifted its holdings in shares of Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $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 in the 4th quarter valued at about $200,000. Crossmark Global Holdings Inc. purchased a new position in Hilton Grand Vacations during the 4th quarter worth approximately $204,000. Finally, FourThought Financial Partners LLC acquired a new position in Hilton Grand Vacations during the fourth quarter worth approximately $232,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Price Performance

Shares of NYSE:HGV opened at $33.16 on Friday. The company has a 50-day moving average price of $37.83 and a 200 day moving average price of $39.07. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The company has a market cap of $3.14 billion, a P/E ratio of 37.69, a PEG ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a 52 week low of $30.59 and a 52 week high of $45.48.

Hilton Grand Vacations (NYSE:HGV) last announced 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). The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Research analysts predict that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on HGV shares. Morgan Stanley started 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. The Goldman Sachs Group dropped their price objective on shares of Hilton Grand Vacations from $42.00 to $30.00 and set a “sell” rating on the stock in a research note on Monday, April 14th. Mizuho upped their target price on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, February 28th. StockNews.com upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Saturday, March 1st. Finally, Truist Financial increased their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $45.75.

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.