Hilton Grand Vacations (NYSE:HGV) Price Target Raised to $60.00 at Mizuho

Hilton Grand Vacations (NYSE:HGV) had its price target hoisted by Mizuho from $55.00 to $60.00 in a report published on Friday morning,Benzinga reports. The firm currently has an outperform rating on the stock.

Several other research analysts have also recently commented on HGV. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a report on Monday, January 6th. They set an “overweight” rating and a $47.00 target price for the company. Truist Financial reduced their target price on shares of Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating for the company in a report on Tuesday, November 26th. StockNews.com upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Thursday, February 20th. JMP Securities reduced their target price on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a report on Wednesday, December 18th. Finally, The Goldman Sachs Group increased their target price on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $45.13.

Hilton Grand Vacations Stock Up 1.1 %

Hilton Grand Vacations stock opened at $42.95 on Friday. The stock has a market capitalization of $4.23 billion, a PE ratio of 48.81, a price-to-earnings-growth ratio of 2.20 and a beta of 1.85. Hilton Grand Vacations has a twelve month low of $33.21 and a twelve month high of $48.65. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. The company has a 50 day moving average of $40.59 and a 200-day moving average of $39.27.

Hilton Grand Vacations (NYSE:HGV) last announced its 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). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. On average, equities research analysts anticipate that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

Institutional Trading of Hilton Grand Vacations

A number of large investors have recently added to or reduced their stakes in the company. CAS Investment Partners LLC lifted its stake in Hilton Grand Vacations by 2.0% in the fourth quarter. CAS Investment Partners LLC now owns 6,492,344 shares of the company’s stock valued at $252,877,000 after acquiring an additional 129,333 shares during the last quarter. Franklin Resources Inc. raised its position in shares of Hilton Grand Vacations by 11.3% in the fourth quarter. Franklin Resources Inc. now owns 3,672,171 shares of the company’s stock valued at $143,031,000 after purchasing an additional 373,442 shares during the period. Parsifal Capital Management LP raised its position in shares of Hilton Grand Vacations by 1.8% in the fourth quarter. Parsifal Capital Management LP now owns 3,475,861 shares of the company’s stock valued at $135,385,000 after purchasing an additional 62,346 shares during the period. FMR LLC raised its position in shares of Hilton Grand Vacations by 39.0% in the third quarter. FMR LLC now owns 3,271,387 shares of the company’s stock valued at $118,817,000 after purchasing an additional 917,397 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Hilton Grand Vacations by 21.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,935,231 shares of the company’s stock valued at $114,329,000 after purchasing an additional 512,362 shares during the period. Institutional investors and hedge funds own 97.23% of the company’s stock.

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.