Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC reduced its holdings in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 73.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,951 shares of the company’s stock after selling 177,498 shares during the quarter. Great Lakes Advisors LLC owned approximately 0.07% of Hilton Grand Vacations worth $2,530,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. KBC Group NV boosted its position in shares of Hilton Grand Vacations by 41.2% during the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after acquiring an additional 889 shares in the last quarter. Aigen Investment Management LP purchased a new stake in shares of Hilton Grand Vacations in the 4th quarter valued at about $200,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Hilton Grand Vacations in the 4th quarter valued at about $204,000. FourThought Financial Partners LLC purchased a new stake in shares of Hilton Grand Vacations in the 4th quarter valued at about $232,000. Finally, Inceptionr LLC purchased a new stake in shares of Hilton Grand Vacations in the 4th quarter valued at about $266,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Stock Up 3.8 %

HGV opened at $34.97 on Friday. The company has a debt-to-equity ratio of 3.32, a current ratio of 4.83 and a quick ratio of 3.08. The business has a 50 day simple moving average of $40.44 and a 200-day simple moving average of $39.38. The stock has a market capitalization of $3.33 billion, a P/E ratio of 39.74, a P/E/G ratio of 2.20 and a beta of 1.84. Hilton Grand Vacations Inc. has a 12 month low of $33.21 and a 12 month high of $47.81.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly 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 business 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%. On average, equities analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

HGV has been the subject of several research reports. Mizuho boosted their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a report on Friday, February 28th. StockNews.com raised Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Saturday, March 1st. Barclays boosted their target price on 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 upped their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Finally, Morgan Stanley assumed coverage on Hilton Grand Vacations in a research report on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective for the company. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $47.25.

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.