Wells Fargo & Company MN grew its holdings in Hilton Grand Vacations Inc. (NYSE:HGV) by 36.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,496,768 shares of the company’s stock after purchasing an additional 672,097 shares during the period. Wells Fargo & Company MN owned about 2.52% of Hilton Grand Vacations worth $96,450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in HGV. Alliancebernstein L.P. grew its position in shares of Hilton Grand Vacations by 7,430.7% during the 2nd quarter. Alliancebernstein L.P. now owns 2,245,594 shares of the company’s stock worth $80,976,000 after buying an additional 2,215,775 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Hilton Grand Vacations by 138.9% during the 2nd quarter. Principal Financial Group Inc. now owns 1,559,415 shares of the company’s stock worth $56,233,000 after buying an additional 906,791 shares in the last quarter. Balyasny Asset Management LLC grew its position in shares of Hilton Grand Vacations by 184.8% during the 2nd quarter. Balyasny Asset Management LLC now owns 1,248,638 shares of the company’s stock worth $45,026,000 after buying an additional 810,222 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Hilton Grand Vacations by 17.5% during the 2nd quarter. Vanguard Group Inc. now owns 5,285,950 shares of the company’s stock worth $190,611,000 after buying an additional 788,628 shares in the last quarter. Finally, Marshall Wace North America L.P. grew its position in shares of Hilton Grand Vacations by 795.1% during the 2nd quarter. Marshall Wace North America L.P. now owns 833,265 shares of the company’s stock worth $29,998,000 after buying an additional 740,173 shares in the last quarter. Institutional investors and hedge funds own 99.35% of the company’s stock.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Instinet reissued a “buy” rating and set a $45.00 price target (up previously from $44.00) on shares of Hilton Grand Vacations in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $38.78.

Shares of Hilton Grand Vacations Inc. (NYSE HGV) traded up $1.35 during mid-day trading on Tuesday, reaching $41.03. The company had a trading volume of 643,400 shares, compared to its average volume of 704,958. Hilton Grand Vacations Inc. has a 12 month low of $24.60 and a 12 month high of $42.22. The company has a market capitalization of $4,070.00 and a P/E ratio of 21.68. The company has a debt-to-equity ratio of 3.29, a quick ratio of 3.39 and a current ratio of 4.50.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Wednesday, November 1st. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Hilton Grand Vacations had a return on equity of 72.15% and a net margin of 10.84%. The company had revenue of $426.00 million for the quarter, compared to the consensus estimate of $435.83 million. During the same quarter last year, the company earned $0.35 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. sell-side analysts predict that Hilton Grand Vacations Inc. will post 1.96 EPS for the current fiscal year.

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Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.

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

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