Aigen Investment Management LP Makes New Investment in Hilton Grand Vacations Inc. (NYSE:HGV)

Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,137 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds have also modified their holdings of the company. FMR LLC raised its position in Hilton Grand Vacations by 39.0% in the third quarter. FMR LLC now owns 3,271,387 shares of the company’s stock worth $118,817,000 after acquiring an additional 917,397 shares in the last quarter. Franklin Resources Inc. grew its stake in shares of Hilton Grand Vacations by 17.8% during the 3rd quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company’s stock worth $117,402,000 after purchasing an additional 499,067 shares during the period. Barclays PLC increased its holdings in shares of Hilton Grand Vacations by 330.8% in the 3rd quarter. Barclays PLC now owns 246,131 shares of the company’s stock valued at $8,941,000 after purchasing an additional 188,997 shares in the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $2,688,000. Finally, Intech Investment Management LLC purchased a new stake in Hilton Grand Vacations during the third quarter worth about $2,385,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Stock Performance

Hilton Grand Vacations stock opened at $40.46 on Monday. Hilton Grand Vacations Inc. has a fifty-two week low of $33.21 and a fifty-two week high of $47.81. The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of 45.98, a PEG ratio of 2.20 and a beta of 1.84. The stock has a fifty day moving average of $40.73 and a two-hundred day moving average of $39.48. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.40). The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. On average, analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

HGV has been the subject of a number of research analyst reports. JMP Securities dropped 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. Barclays raised their price objective on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, February 28th. Morgan Stanley began coverage on Hilton Grand Vacations in a report on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective for the company. Truist Financial upped their target price on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a report on Friday. Finally, Mizuho lifted their price target on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Hilton Grand Vacations has an average 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.