Landscape Capital Management L.L.C. Sells 153,817 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Landscape Capital Management L.L.C. decreased its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGVFree Report) by 94.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,608 shares of the company’s stock after selling 153,817 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Hilton Grand Vacations were worth $374,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HGV. Weiss Asset Management LP bought a new position in shares of Hilton Grand Vacations during the 3rd quarter valued at about $745,000. Barclays PLC boosted its stake in Hilton Grand Vacations by 330.8% during the third quarter. Barclays PLC now owns 246,131 shares of the company’s stock valued at $8,941,000 after buying an additional 188,997 shares during the last quarter. Franklin Resources Inc. grew its holdings in Hilton Grand Vacations by 17.8% during the 3rd quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company’s stock valued at $117,402,000 after buying an additional 499,067 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Hilton Grand Vacations by 38,000.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 9,525 shares of the company’s stock worth $371,000 after acquiring an additional 9,500 shares during the last quarter. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Hilton Grand Vacations during the 4th quarter worth approximately $204,000. 97.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Barclays raised their target price on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a report on Friday, February 28th. The Goldman Sachs Group lifted their price objective on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a “sell” rating in a research note on Tuesday, March 4th. 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 on the stock. Mizuho lifted their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th. Finally, JMP Securities reduced their price objective on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research note on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Hilton Grand Vacations has a consensus rating of “Hold” and an average target price of $47.25.

Check Out Our Latest Analysis on HGV

Hilton Grand Vacations Price Performance

HGV stock opened at $32.85 on Tuesday. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32. Hilton Grand Vacations Inc. has a 12 month low of $31.19 and a 12 month high of $46.40. The stock has a market cap of $3.11 billion, a PE ratio of 37.33, a P/E/G ratio of 2.20 and a beta of 1.68. The company has a 50-day moving average price of $39.57 and a 200 day moving average price of $39.39.

Hilton Grand Vacations (NYSE:HGVGet Free Report) last announced its earnings results on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Equities research analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

Hilton Grand Vacations Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Hilton Grand Vacations (NYSE:HGV)

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