Brokerages Set Hilton Grand Vacations Inc. (NYSE:HGV) Price Target at $43.71

Hilton Grand Vacations Inc. (NYSE:HGV) has been given a consensus recommendation of “Hold” by the seven analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $43.71.

Several equities analysts recently issued reports on the company. The Goldman Sachs Group started coverage on Hilton Grand Vacations in a research note on Wednesday, September 18th. They set a “sell” rating and a $31.00 price objective on the stock. Barclays decreased their price target on shares of Hilton Grand Vacations from $54.00 to $40.00 and set an “overweight” rating for the company in a report on Friday, August 9th. Truist Financial lowered their price objective on shares of Hilton Grand Vacations from $71.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, September 5th. Mizuho cut their target price 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. Finally, Jefferies Financial Group lowered Hilton Grand Vacations from a “buy” rating to a “hold” rating and lowered their target price for the company from $55.00 to $35.00 in a report on Friday, August 9th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Algert Global LLC boosted its holdings in shares of Hilton Grand Vacations by 123.6% in the second quarter. Algert Global LLC now owns 56,336 shares of the company’s stock valued at $2,278,000 after acquiring an additional 31,136 shares in the last quarter. Long Pond Capital LP boosted its stake in Hilton Grand Vacations by 218.0% during the 2nd quarter. Long Pond Capital LP now owns 1,200,920 shares of the company’s stock valued at $48,553,000 after purchasing an additional 823,228 shares in the last quarter. Millennium Management LLC increased its position in shares of Hilton Grand Vacations by 44.5% during the 2nd quarter. Millennium Management LLC now owns 2,269,405 shares of the company’s stock valued at $91,752,000 after purchasing an additional 698,664 shares during the period. Khrom Capital Management LLC bought a new stake in shares of Hilton Grand Vacations in the 2nd quarter worth $3,872,000. Finally, Lombard Odier Asset Management USA Corp acquired a new stake in shares of Hilton Grand Vacations in the second quarter valued at $786,000. Institutional investors own 97.23% of the company’s stock.

Hilton Grand Vacations Price Performance

HGV opened at $38.05 on Friday. The company has a market capitalization of $3.95 billion, a P/E ratio of 17.95, a PEG ratio of 2.32 and a beta of 1.83. The company has a 50-day moving average of $38.09 and a 200-day moving average of $41.08. The company has a debt-to-equity ratio of 3.18, a quick ratio of 2.97 and a current ratio of 4.36. Hilton Grand Vacations has a 1-year low of $33.13 and a 1-year high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.62 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.27). The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.33 billion. Hilton Grand Vacations had a net margin of 3.57% and a return on equity of 18.06%. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.85 EPS. Equities analysts expect that Hilton Grand Vacations will post 3.07 EPS for the current fiscal 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.