The Goldman Sachs Group Issues Pessimistic Forecast for Hilton Grand Vacations (NYSE:HGV) Stock Price

Hilton Grand Vacations (NYSE:HGV) had its price target reduced by The Goldman Sachs Group from $42.00 to $30.00 in a research report report published on Monday morning,Benzinga reports. The Goldman Sachs Group currently has a sell rating on the stock.

Other analysts have also issued reports about the company. Mizuho raised their price objective on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, February 28th. Barclays lifted their price target 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. Truist Financial raised their target price on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, March 7th. StockNews.com upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st. Finally, Morgan Stanley initiated coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Hilton Grand Vacations has a consensus rating of “Hold” and a consensus price target of $45.75.

Hilton Grand Vacations Stock Performance

NYSE:HGV opened at $32.83 on Monday. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.20 and a beta of 1.68. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. Hilton Grand Vacations has a fifty-two week low of $30.59 and a fifty-two week high of $45.48. The stock has a fifty day moving average price of $38.15 and a 200-day moving average price of $39.11.

Hilton Grand Vacations (NYSE:HGV) last issued its 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). The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. As a group, equities analysts anticipate that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. CAS Investment Partners LLC grew its stake in Hilton Grand Vacations by 2.0% during the fourth quarter. CAS Investment Partners LLC now owns 6,492,344 shares of the company’s stock worth $252,877,000 after purchasing an additional 129,333 shares during the period. Franklin Resources Inc. grew its position in shares of Hilton Grand Vacations by 11.3% during the 4th quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company’s stock worth $143,031,000 after buying an additional 373,442 shares during the period. Parsifal Capital Management LP increased its stake in shares of Hilton Grand Vacations by 1.8% in the 4th quarter. Parsifal Capital Management LP now owns 3,475,861 shares of the company’s stock valued at $135,385,000 after acquiring an additional 62,346 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Hilton Grand Vacations by 21.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company’s stock valued at $114,329,000 after acquiring an additional 512,362 shares during the period. Finally, Millennium Management LLC boosted its stake in Hilton Grand Vacations by 27.7% during the fourth quarter. Millennium Management LLC now owns 2,045,286 shares of the company’s stock worth $79,664,000 after acquiring an additional 443,353 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.