Recent Investment Analysts’ Ratings Updates for Hilton Grand Vacations (HGV)

Hilton Grand Vacations (NYSE: HGV) has recently received a number of price target changes and ratings updates:

• 11/27/2024 – Hilton Grand Vacations was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 11/26/2024 – Hilton Grand Vacations had its price target lowered by analysts at Truist Financial Co. from $52.00 to $51.00. They now have a “buy” rating on the stock.
• 11/12/2024 – Hilton Grand Vacations had its price target lowered by analysts at Mizuho from $57.00 to $55.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Hilton Grand Vacations had its price target raised by analysts at Barclays PLC from $40.00 to $44.00. They now have an “overweight” rating on the stock.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock opened at $41.74 on Friday. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The business’s 50 day moving average price is $38.74 and its 200 day moving average price is $39.33. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 47.43, a PEG ratio of 2.40 and a beta of 1.82. Hilton Grand Vacations Inc. has a one year low of $33.21 and a one year high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.03). The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The company’s revenue was up 28.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.98 earnings per share. On average, research analysts predict that Hilton Grand Vacations Inc. will post 3.49 EPS for the current year.

Insider Activity

In related news, insider Charles R. Jr. Corbin sold 49,389 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $41.55, for a total transaction of $2,052,112.95. Following the completion of the transaction, the insider now directly owns 88,532 shares of the company’s stock, valued at $3,678,504.60. The trade was a 35.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of Hilton Grand Vacations stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $42.10, for a total transaction of $168,400,000.00. Following the completion of the transaction, the insider now owns 26,295,825 shares of the company’s stock, valued at $1,107,054,232.50. This represents a 13.20 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On Hilton Grand Vacations

Hedge funds have recently added to or reduced their stakes in the stock. FMR LLC increased its position in shares of Hilton Grand Vacations by 39.0% during the third quarter. FMR LLC now owns 3,271,387 shares of the company’s stock worth $118,817,000 after purchasing an additional 917,397 shares in the last quarter. Long Pond Capital LP increased its position in Hilton Grand Vacations by 218.0% during the second quarter. Long Pond Capital LP now owns 1,200,920 shares of the company’s stock worth $48,553,000 after buying an additional 823,228 shares during the period. Millennium Management LLC increased its position in Hilton Grand Vacations by 44.5% during the second quarter. Millennium Management LLC now owns 2,269,405 shares of the company’s stock worth $91,752,000 after buying an additional 698,664 shares during the period. Franklin Resources Inc. lifted its stake in Hilton Grand Vacations by 17.8% in the third 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 during the last quarter. Finally, Barclays PLC boosted its holdings in shares of Hilton Grand Vacations by 330.8% in the third quarter. Barclays PLC now owns 246,131 shares of the company’s stock valued at $8,941,000 after acquiring an additional 188,997 shares during the period. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

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.