Shares of Hilton Grand Vacations Inc (NYSE:HGV) have been assigned a consensus rating of “Buy” from the nine research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $38.25.
Separately, Zacks Investment Research lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th.
Shares of Hilton Grand Vacations (NYSE:HGV) traded down $0.81 during midday trading on Thursday, reaching $41.90. 459,596 shares of the company were exchanged, compared to its average volume of 692,536. Hilton Grand Vacations has a 1 year low of $24.60 and a 1 year high of $43.19. The firm has a market capitalization of $4,142.91 and a price-to-earnings ratio of 22.85. The company has a debt-to-equity ratio of 3.29, a quick ratio of 3.39 and a current ratio of 4.50.
Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Wednesday, November 1st. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.01. Hilton Grand Vacations had a net margin of 10.84% and a return on equity of 72.15%. The firm had revenue of $426.00 million for the quarter, compared to analyst estimates of $435.83 million. During the same quarter last year, the business earned $0.35 earnings per share. Hilton Grand Vacations’s revenue was up 4.7% compared to the same quarter last year. analysts anticipate that Hilton Grand Vacations will post 1.96 EPS for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the business. The Manufacturers Life Insurance Company boosted its holdings in shares of Hilton Grand Vacations by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,978 shares of the company’s stock valued at $107,000 after purchasing an additional 202 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Hilton Grand Vacations in the 3rd quarter valued at $125,000. New York State Teachers Retirement System acquired a new position in shares of Hilton Grand Vacations in the 3rd quarter valued at $201,000. Pacad Investment Ltd. boosted its holdings in shares of Hilton Grand Vacations by 6.7% in the 2nd quarter. Pacad Investment Ltd. now owns 6,400 shares of the company’s stock valued at $231,000 after purchasing an additional 400 shares during the last quarter. Finally, Teacher Retirement System of Texas acquired a new position in shares of Hilton Grand Vacations in the 3rd quarter valued at $236,000. Institutional investors own 99.32% of the company’s stock.
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About Hilton Grand Vacations
Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.
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