Winslow Asset Management Inc. Sells 10,483 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Winslow Asset Management Inc. decreased its holdings in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 9.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,559 shares of the company’s stock after selling 10,483 shares during the period. Winslow Asset Management Inc.’s holdings in Hilton Grand Vacations were worth $3,543,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of HGV. Janney Montgomery Scott LLC grew its holdings in Hilton Grand Vacations by 4.4% during the first quarter. Janney Montgomery Scott LLC now owns 12,330 shares of the company’s stock valued at $582,000 after purchasing an additional 523 shares during the period. Blue Trust Inc. grew its stake in shares of Hilton Grand Vacations by 141.7% during the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock valued at $36,000 after acquiring an additional 588 shares during the period. ProShare Advisors LLC grew its stake in shares of Hilton Grand Vacations by 3.5% during the 1st quarter. ProShare Advisors LLC now owns 17,661 shares of the company’s stock valued at $834,000 after acquiring an additional 596 shares during the period. Reston Wealth Management LLC purchased a new stake in Hilton Grand Vacations in the 3rd quarter worth approximately $25,000. Finally, nVerses Capital LLC purchased a new position in Hilton Grand Vacations during the second quarter valued at approximately $32,000. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on HGV shares. Mizuho reduced their price objective on shares of Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating for the company in a research note on Tuesday. Truist Financial cut their price target on Hilton Grand Vacations from $71.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, September 5th. The Goldman Sachs Group began coverage on Hilton Grand Vacations in a research report on Wednesday, September 18th. They issued a “sell” rating and a $31.00 price objective on the stock. Barclays increased their target price on Hilton Grand Vacations from $40.00 to $44.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, StockNews.com cut Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $44.00.

Hilton Grand Vacations Price Performance

NYSE:HGV opened at $42.41 on Tuesday. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 48.19, a PEG ratio of 2.27 and a beta of 1.82. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.36 and a quick ratio of 2.97. The business has a 50 day simple moving average of $37.30 and a 200-day simple moving average of $39.37. Hilton Grand Vacations Inc. has a 1 year low of $33.16 and a 1 year high of $49.02.

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

Hilton Grand Vacations 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.