Fox Run Management L.L.C. Takes $362,000 Position in Hilton Grand Vacations Inc. (NYSE:HGV)

Fox Run Management L.L.C. bought a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,299 shares of the company’s stock, valued at approximately $362,000.

A number of other hedge funds have also added to or reduced their stakes in HGV. Victory Capital Management Inc. grew its holdings in shares of Hilton Grand Vacations by 16.9% in the 3rd quarter. Victory Capital Management Inc. now owns 17,140 shares of the company’s stock valued at $623,000 after acquiring an additional 2,477 shares in the last quarter. Cerity Partners LLC increased its position in shares of Hilton Grand Vacations by 156.1% during the 3rd quarter. Cerity Partners LLC now owns 22,980 shares of the company’s stock worth $835,000 after purchasing an additional 14,007 shares during the last quarter. FMR LLC increased its position in shares of Hilton Grand Vacations by 39.0% during the 3rd quarter. FMR LLC now owns 3,271,387 shares of the company’s stock worth $118,817,000 after purchasing an additional 917,397 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Hilton Grand Vacations during the 3rd quarter worth approximately $484,000. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Hilton Grand Vacations by 92.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 56,781 shares of the company’s stock valued at $2,062,000 after buying an additional 27,313 shares during the last quarter. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Performance

NYSE:HGV opened at $38.38 on Thursday. The stock has a 50 day simple moving average of $40.34 and a 200 day simple moving average of $39.38. The stock has a market cap of $3.63 billion, a P/E ratio of 43.61, a PEG ratio of 2.20 and a beta of 1.84. Hilton Grand Vacations Inc. has a 1-year low of $33.21 and a 1-year high of $47.81. The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.32.

Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Thursday, February 27th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.40). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.28 billion. Research analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on HGV shares. The Goldman Sachs Group upped their price target on shares of Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a “sell” rating in a research report on Tuesday, March 4th. Morgan Stanley began coverage on shares of Hilton Grand Vacations in a research note on Monday, January 6th. They issued an “overweight” rating and a $47.00 target price for the company. JMP Securities reduced their price target on 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. Mizuho upped their price objective on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, February 28th. Finally, StockNews.com upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Hilton Grand Vacations has a consensus rating of “Hold” and an average 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.