TCW Group Inc. Has $2.01 Million Stake in Hilton Grand Vacations Inc. (NYSE:HGV)

TCW Group Inc. lifted its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 54.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,663 shares of the company’s stock after purchasing an additional 17,493 shares during the period. TCW Group Inc.’s holdings in Hilton Grand Vacations were worth $2,008,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. State of Michigan Retirement System lifted its position in shares of Hilton Grand Vacations by 2.3% during the first quarter. State of Michigan Retirement System now owns 17,500 shares of the company’s stock worth $826,000 after purchasing an additional 400 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in shares of Hilton Grand Vacations by 2.5% during the first quarter. Louisiana State Employees Retirement System now owns 20,500 shares of the company’s stock worth $968,000 after purchasing an additional 500 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Hilton Grand Vacations by 4.4% in the first quarter. Janney Montgomery Scott LLC now owns 12,330 shares of the company’s stock valued at $582,000 after buying an additional 523 shares during the period. ProShare Advisors LLC lifted its holdings in Hilton Grand Vacations by 3.5% in the first quarter. ProShare Advisors LLC now owns 17,661 shares of the company’s stock valued at $834,000 after buying an additional 596 shares during the period. Finally, Savoir Faire Capital Management L.P. lifted its holdings in Hilton Grand Vacations by 3.4% in the fourth quarter. Savoir Faire Capital Management L.P. now owns 27,197 shares of the company’s stock valued at $1,093,000 after buying an additional 898 shares during the period. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Hilton Grand Vacations Stock Up 0.6 %

Shares of NYSE:HGV opened at $36.61 on Monday. Hilton Grand Vacations Inc. has a 52 week low of $33.13 and a 52 week high of $49.02. The company has a debt-to-equity ratio of 3.09, a quick ratio of 3.11 and a current ratio of 4.44. The company has a market capitalization of $3.80 billion, a PE ratio of 17.27, a PEG ratio of 1.76 and a beta of 1.83. The company has a 50 day moving average price of $40.09 and a two-hundred day moving average price of $42.56.

Hilton Grand Vacations (NYSE:HGV) last issued its earnings results on Thursday, August 8th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.27). Hilton Grand Vacations had a net margin of 5.62% and a return on equity of 19.41%. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same period in the previous year, the company posted $0.85 EPS. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. Analysts forecast that Hilton Grand Vacations Inc. will post 3.95 earnings per share for the current year.

Analyst Upgrades and Downgrades

HGV has been the topic of several analyst reports. Barclays cut their price objective on shares of Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating on the stock in a report on Friday, August 9th. Truist Financial increased their price objective on shares of Hilton Grand Vacations from $70.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Mizuho cut their price objective on shares of Hilton Grand Vacations from $63.00 to $57.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. Jefferies Financial Group lowered shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating and cut their price objective for the company from $55.00 to $35.00 in a report on Friday, August 9th. Finally, JPMorgan Chase & Co. lowered shares of Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and cut their price objective for the company from $55.00 to $36.00 in a report on Friday, August 9th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $50.43.

Hilton Grand Vacations 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.