Hilton Grand Vacations Inc. (NYSE:HGV) Receives $58.71 Average PT from Analysts

Hilton Grand Vacations Inc. (NYSE:HGV) has received an average recommendation of “Buy” from the seven research firms that are covering the company, MarketBeat reports. Seven research analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $58.71.

Several research firms have weighed in on HGV. Truist Financial raised their target price 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. JMP Securities reiterated a “market outperform” rating and set a $55.00 price target on shares of Hilton Grand Vacations in a report on Friday, March 1st. Mizuho initiated coverage on shares of Hilton Grand Vacations in a report on Tuesday, March 26th. They set a “buy” rating and a $63.00 price target for the company. JPMorgan Chase & Co. initiated coverage on shares of Hilton Grand Vacations in a report on Monday, April 15th. They set an “overweight” rating and a $59.00 price target for the company. Finally, Barclays lifted their price target on shares of Hilton Grand Vacations from $47.00 to $54.00 and gave the stock an “overweight” rating in a report on Friday, March 1st.

Insider Buying and Selling

In related news, insider Jorge Pablo Brizi sold 28,000 shares of Hilton Grand Vacations stock in a transaction on Thursday, March 28th. The shares were sold at an average price of $47.00, for a total value of $1,316,000.00. Following the completion of the sale, the insider now owns 51,855 shares in the company, valued at $2,437,185. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.30% of the company’s stock.

Institutional Trading of Hilton Grand Vacations

Several institutional investors have recently added to or reduced their stakes in HGV. Itau Unibanco Holding S.A. acquired a new stake in Hilton Grand Vacations in the third quarter worth about $47,000. YHB Investment Advisors Inc. bought a new position in shares of Hilton Grand Vacations during the 1st quarter valued at about $47,000. DekaBank Deutsche Girozentrale bought a new position in shares of Hilton Grand Vacations during the 3rd quarter valued at about $85,000. Quest Partners LLC bought a new position in shares of Hilton Grand Vacations during the 4th quarter valued at about $142,000. Finally, Benjamin Edwards Inc. boosted its position in shares of Hilton Grand Vacations by 46.0% during the 1st quarter. Benjamin Edwards Inc. now owns 3,193 shares of the company’s stock valued at $151,000 after purchasing an additional 1,006 shares in the last quarter. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Down 0.3 %

HGV stock opened at $40.08 on Wednesday. Hilton Grand Vacations has a one year low of $33.13 and a one year high of $49.02. The stock has a market capitalization of $4.16 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of 1.82 and a beta of 1.89. 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 fifty day moving average of $42.03 and a 200-day moving average of $42.82.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.87 by $0.08. Hilton Grand Vacations had a net margin of 5.62% and a return on equity of 19.41%. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the business earned $0.79 earnings per share. The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. As a group, analysts expect that Hilton Grand Vacations will post 3.74 EPS for the current year.

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.