Hilton Grand Vacations Inc. (NYSE:HGV) Receives $43.71 Consensus Price Target from Brokerages

Hilton Grand Vacations Inc. (NYSE:HGV) has received a consensus rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $43.71.

HGV has been the subject of several research reports. Barclays reduced their target price on Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, August 9th. Mizuho decreased their target price on shares of Hilton Grand Vacations from $63.00 to $57.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. StockNews.com cut shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. Truist Financial cut their price target on shares of 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. Finally, Jefferies Financial Group lowered Hilton Grand Vacations from a “buy” rating to a “hold” rating and lowered their price objective for the company from $55.00 to $35.00 in a research note on Friday, August 9th.

Institutional Trading of Hilton Grand Vacations

Several large investors have recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new position in shares of Hilton Grand Vacations in the 2nd quarter worth approximately $32,000. YHB Investment Advisors Inc. acquired a new position in Hilton Grand Vacations in the first quarter worth $47,000. Canada Pension Plan Investment Board bought a new stake in shares of Hilton Grand Vacations during the second quarter worth $93,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Hilton Grand Vacations during the second quarter worth $120,000. Finally, Benjamin Edwards Inc. increased its stake in shares of Hilton Grand Vacations by 46.0% in the first quarter. Benjamin Edwards Inc. now owns 3,193 shares of the company’s stock valued at $151,000 after buying an additional 1,006 shares in the last quarter. 97.23% of the stock is owned by institutional investors.

Hilton Grand Vacations Stock Down 1.5 %

NYSE HGV opened at $35.79 on Friday. Hilton Grand Vacations has a twelve month low of $33.13 and a twelve month high of $49.02. The stock has a market cap of $3.71 billion, a PE ratio of 17.13, a PEG ratio of 2.32 and a beta of 1.83. The firm has a 50-day simple moving average of $37.95 and a 200 day simple moving average of $40.99. The company has a debt-to-equity ratio of 3.18, a quick ratio of 2.97 and a current ratio of 4.36.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.27). Hilton Grand Vacations had a return on equity of 18.06% and a net margin of 3.57%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the business posted $0.85 EPS. Hilton Grand Vacations’s revenue was up 22.6% compared to the same quarter last year. On average, research analysts forecast that Hilton Grand Vacations will post 3.07 EPS for the current year.

About Hilton Grand Vacations

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.