Fox Run Management L.L.C. acquired a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm acquired 9,299 shares of the company’s stock, valued at approximately $362,000.
A number of other large investors have also recently bought and sold shares of the company. FMR LLC lifted its holdings 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 acquiring an additional 917,397 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Hilton Grand Vacations by 17.8% in the 3rd quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company’s stock valued at $117,402,000 after purchasing an additional 499,067 shares in the last quarter. Barclays PLC grew its position in Hilton Grand Vacations by 330.8% in the third quarter. Barclays PLC now owns 246,131 shares of the company’s stock valued at $8,941,000 after acquiring an additional 188,997 shares during the last quarter. Edgestream Partners L.P. bought a new stake in shares of Hilton Grand Vacations during the 3rd quarter valued at approximately $2,688,000. Finally, Holocene Advisors LP grew its stake in shares of Hilton Grand Vacations by 56.0% during the third quarter. Holocene Advisors LP now owns 116,072 shares of the company’s stock worth $4,216,000 after buying an additional 41,670 shares during the last quarter. 97.23% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have recently weighed in on HGV shares. JMP Securities reduced their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a report on Wednesday, December 18th. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st. Mizuho raised their target price on Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th. Barclays upped their price target on Hilton Grand Vacations from $41.00 to $45.00 and gave the company an “equal weight” rating in a research report on Friday, February 28th. Finally, The Goldman Sachs Group raised their price objective on Hilton Grand Vacations from $37.00 to $42.00 and gave the stock a “sell” rating in a research report on Tuesday, March 4th. 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 company’s stock. Based on data from MarketBeat, Hilton Grand Vacations presently has an average rating of “Hold” and an average price target of $47.25.
Hilton Grand Vacations Stock Performance
Shares of HGV stock opened at $38.38 on Thursday. The firm has a 50 day moving average of $40.34 and a 200-day moving average of $39.38. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 43.61, a price-to-earnings-growth ratio of 2.20 and a beta of 1.84. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. Hilton Grand Vacations Inc. has a 52 week low of $33.21 and a 52 week high of $47.81.
Hilton Grand Vacations (NYSE:HGV – Get Free Report) last posted its quarterly earnings results 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 during the quarter, compared to analyst estimates of $1.28 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. On average, equities analysts forecast that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.
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.
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