Hilton Grand Vacations (NYSE:HGV) Upgraded at StockNews.com

StockNews.com upgraded shares of Hilton Grand Vacations (NYSE:HGV) from a sell rating to a hold rating in a research note released on Saturday.

HGV has been the topic of a number of other reports. The Goldman Sachs Group lifted their price objective on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a report on Tuesday, December 10th. Barclays boosted their price target on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a report on Friday. Truist Financial decreased their price objective on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th. 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. Finally, Morgan Stanley began coverage on Hilton Grand Vacations in a research note on Monday, January 6th. They issued an “overweight” rating and a $47.00 target price on the stock. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $45.13.

Hilton Grand Vacations Trading Down 1.0 %

NYSE:HGV opened at $42.45 on Friday. 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 firm has a 50-day moving average of $40.65 and a 200-day moving average of $39.37. The company has a market cap of $4.18 billion, a PE ratio of 48.24, a PEG ratio of 2.20 and a beta of 1.85. Hilton Grand Vacations has a one year low of $33.21 and a one year high of $47.81.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $1.28 billion. As a group, equities research analysts expect that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Hedge Funds Weigh In On Hilton Grand Vacations

Institutional investors and hedge funds have recently bought and sold shares of the company. Creative Planning lifted its position in shares of Hilton Grand Vacations by 17.1% during the 3rd quarter. Creative Planning now owns 15,381 shares of the company’s stock valued at $559,000 after buying an additional 2,245 shares during the last quarter. Blue Trust Inc. raised its stake in Hilton Grand Vacations by 141.7% in the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock valued at $36,000 after acquiring an additional 588 shares during the period. Reston Wealth Management LLC purchased a new stake in Hilton Grand Vacations during the third quarter valued at about $25,000. Olympiad Research LP bought a new position in Hilton Grand Vacations during the third quarter worth about $576,000. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of Hilton Grand Vacations by 13.7% in the third quarter. State of New Jersey Common Pension Fund D now owns 51,885 shares of the company’s stock worth $1,884,000 after purchasing an additional 6,245 shares in the last quarter. 97.23% of the stock is owned by institutional investors.

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.