Hilton Grand Vacations Inc (NYSE:HGV) has been given an average rating of “Hold” by the eight research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $46.25.

Several research analysts have issued reports on HGV shares. Zacks Investment Research upgraded shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating and set a $38.00 price target on the stock in a research report on Thursday, July 5th. Jefferies Financial Group started coverage on shares of Hilton Grand Vacations in a research report on Monday, July 16th. They issued a “hold” rating and a $38.00 price target on the stock. Finally, ValuEngine lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th.

In other Hilton Grand Vacations news, insider Mark D. Wang purchased 16,000 shares of the firm’s stock in a transaction on Wednesday, August 15th. The shares were purchased at an average price of $31.91 per share, for a total transaction of $510,560.00. Following the completion of the transaction, the insider now owns 328,481 shares in the company, valued at approximately $10,481,828.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Leonard Potter acquired 25,000 shares of the stock in a transaction on Wednesday, August 15th. The shares were purchased at an average price of $31.98 per share, for a total transaction of $799,500.00. Following the completion of the transaction, the director now owns 58,135 shares in the company, valued at approximately $1,859,157.30. The disclosure for this purchase can be found here. Insiders own 0.72% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of HGV. FMR LLC grew its position in Hilton Grand Vacations by 19.7% during the 2nd quarter. FMR LLC now owns 13,605,392 shares of the company’s stock worth $472,108,000 after purchasing an additional 2,239,716 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in Hilton Grand Vacations by 9,219.6% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 944,359 shares of the company’s stock worth $32,769,000 after purchasing an additional 934,226 shares in the last quarter. BlackRock Inc. grew its position in Hilton Grand Vacations by 28.6% during the 1st quarter. BlackRock Inc. now owns 3,540,248 shares of the company’s stock worth $152,302,000 after purchasing an additional 787,878 shares in the last quarter. Millennium Management LLC grew its position in Hilton Grand Vacations by 103.6% during the 1st quarter. Millennium Management LLC now owns 811,208 shares of the company’s stock worth $34,898,000 after purchasing an additional 412,680 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its position in Hilton Grand Vacations by 3,144.3% during the 1st quarter. Russell Investments Group Ltd. now owns 273,006 shares of the company’s stock worth $11,738,000 after purchasing an additional 264,591 shares in the last quarter. Hedge funds and other institutional investors own 97.88% of the company’s stock.

Hilton Grand Vacations stock opened at $29.30 on Wednesday. The company has a current ratio of 5.01, a quick ratio of 3.63 and a debt-to-equity ratio of 2.40. The company has a market capitalization of $3.21 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 1.84 and a beta of 0.62. Hilton Grand Vacations has a 1 year low of $28.95 and a 1 year high of $47.75.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Thursday, August 2nd. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.01). The business had revenue of $563.00 million during the quarter, compared to analyst estimates of $582.86 million. Hilton Grand Vacations had a return on equity of 52.26% and a net margin of 20.13%. The company’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.51 EPS. Sell-side analysts predict that Hilton Grand Vacations will post 3 earnings per share for the current year.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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