Hilton Grand Vacations Inc. (NYSE:HGV) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Hilton Grand Vacations Inc. (NYSE:HGVGet Rating) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $69.00.

HGV has been the topic of a number of recent analyst reports. Truist Financial increased their price objective on Hilton Grand Vacations from $60.00 to $63.00 and gave the company a “buy” rating in a report on Tuesday, March 8th. StockNews.com assumed coverage on Hilton Grand Vacations in a report on Thursday, March 31st. They issued a “hold” rating for the company. Finally, TheStreet downgraded shares of Hilton Grand Vacations from a “b” rating to a “c+” rating in a report on Tuesday.

Shares of HGV stock opened at $34.96 on Friday. The stock’s 50-day moving average is $44.61 and its 200 day moving average is $48.26. Hilton Grand Vacations has a 1-year low of $34.31 and a 1-year high of $56.33. The company has a debt-to-equity ratio of 1.99, a current ratio of 3.85 and a quick ratio of 2.74. The company has a market cap of $4.20 billion, a P/E ratio of 17.14 and a beta of 1.98.

Hilton Grand Vacations (NYSE:HGVGet Rating) last released its quarterly earnings results on Monday, May 9th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.12). The firm had revenue of $779.00 million during the quarter, compared to the consensus estimate of $761.25 million. Hilton Grand Vacations had a net margin of 8.13% and a return on equity of 15.83%. The firm’s quarterly revenue was up 231.5% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.08) earnings per share. On average, analysts anticipate that Hilton Grand Vacations will post 3.11 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in Hilton Grand Vacations by 327.3% in the first quarter. PNC Financial Services Group Inc. now owns 547 shares of the company’s stock valued at $28,000 after buying an additional 419 shares during the last quarter. Penserra Capital Management LLC purchased a new stake in shares of Hilton Grand Vacations in the 1st quarter valued at $37,000. Allworth Financial LP raised its holdings in shares of Hilton Grand Vacations by 152.0% during the first quarter. Allworth Financial LP now owns 771 shares of the company’s stock worth $40,000 after purchasing an additional 465 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its position in Hilton Grand Vacations by 53.6% during the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,120 shares of the company’s stock valued at $59,000 after purchasing an additional 391 shares during the period. Finally, Covestor Ltd boosted its holdings in Hilton Grand Vacations by 642.2% in the first quarter. Covestor Ltd now owns 1,195 shares of the company’s stock valued at $62,000 after purchasing an additional 1,034 shares during the last quarter. 97.12% of the stock is currently owned by institutional investors and hedge funds.

About Hilton Grand Vacations (Get Rating)

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals and vacation ownership interests; manages resorts and clubs; operates points-based vacation clubs and resort amenities; and finances and services loans provided to consumers for their timeshare purchases.

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