ValuEngine Lowers Hilton Grand Vacations (HGV) to Sell

ValuEngine downgraded shares of Hilton Grand Vacations (NYSE:HGV) from a hold rating to a sell rating in a report issued on Monday, February 4th.

HGV has been the topic of a number of other research reports. Zacks Investment Research lowered Hilton Grand Vacations from a buy rating to a hold rating in a research note on Friday, January 4th. Macquarie upgraded Hilton Grand Vacations from a neutral rating to an outperform rating in a research report on Thursday, November 15th. Goldman Sachs Group dropped their target price on Hilton Grand Vacations to $39.00 and set a buy rating on the stock in a research report on Tuesday, November 27th. Finally, JPMorgan Chase & Co. dropped their target price on Hilton Grand Vacations from $47.00 to $39.00 and set a buy rating on the stock in a research report on Friday, November 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and an average price target of $40.67.

Shares of HGV stock traded up $0.91 during trading hours on Monday, reaching $32.70. 2,081,344 shares of the company’s stock were exchanged, compared to its average volume of 734,896. Hilton Grand Vacations has a 1 year low of $24.17 and a 1 year high of $47.75. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 10.72, a PEG ratio of 2.37 and a beta of 1.69. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.35 and a current ratio of 4.69.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings results on Wednesday, February 27th. The company reported $1.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.21 by $0.03. Hilton Grand Vacations had a return on equity of 45.87% and a net margin of 20.01%. The business had revenue of $642.00 million for the quarter, compared to analyst estimates of $589.49 million. During the same quarter in the previous year, the firm earned $1.83 earnings per share. The company’s revenue was up 43.6% on a year-over-year basis. As a group, equities analysts forecast that Hilton Grand Vacations will post 2.81 earnings per share for the current year.

In related news, Director David William Johnson purchased 7,000 shares of the firm’s stock in a transaction on Monday, December 10th. The stock was bought at an average cost of $28.54 per share, with a total value of $199,780.00. Following the completion of the acquisition, the director now owns 43,135 shares of the company’s stock, valued at approximately $1,231,072.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.72% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Gateway Investment Advisers LLC raised its stake in shares of Hilton Grand Vacations by 0.3% during the 4th quarter. Gateway Investment Advisers LLC now owns 117,909 shares of the company’s stock worth $3,112,000 after buying an additional 365 shares during the period. Legal & General Group Plc raised its stake in shares of Hilton Grand Vacations by 0.8% during the 3rd quarter. Legal & General Group Plc now owns 47,212 shares of the company’s stock worth $1,563,000 after buying an additional 390 shares during the period. BB&T Securities LLC raised its stake in shares of Hilton Grand Vacations by 4.2% during the 4th quarter. BB&T Securities LLC now owns 13,142 shares of the company’s stock worth $346,000 after buying an additional 534 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Hilton Grand Vacations by 10.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock valued at $173,000 after purchasing an additional 639 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System raised its stake in Hilton Grand Vacations by 1.7% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 92,234 shares of the company’s stock valued at $2,434,000 after purchasing an additional 1,506 shares during the last quarter. 92.39% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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