Hantz Financial Services Inc. Sells 30,855 Shares of Hilton Grand Vacations Inc. $HGV

Hantz Financial Services Inc. reduced its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 49.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,081 shares of the company’s stock after selling 30,855 shares during the quarter. Hantz Financial Services Inc.’s holdings in Hilton Grand Vacations were worth $1,299,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in HGV. North Peak Capital Management LLC raised its holdings in Hilton Grand Vacations by 11.3% during the second quarter. North Peak Capital Management LLC now owns 6,810,126 shares of the company’s stock worth $282,825,000 after buying an additional 693,495 shares during the last quarter. 683 Capital Management LLC increased its position in shares of Hilton Grand Vacations by 1.2% during the second quarter. 683 Capital Management LLC now owns 775,000 shares of the company’s stock worth $32,186,000 after acquiring an additional 9,000 shares in the last quarter. PB Investment Partners L.P. raised its holdings in shares of Hilton Grand Vacations by 6.7% in the 2nd quarter. PB Investment Partners L.P. now owns 610,098 shares of the company’s stock worth $25,337,000 after acquiring an additional 38,540 shares during the last quarter. Norges Bank acquired a new stake in shares of Hilton Grand Vacations in the 2nd quarter worth about $23,163,000. Finally, Marshall Wace LLP lifted its position in Hilton Grand Vacations by 17.1% in the 2nd quarter. Marshall Wace LLP now owns 479,513 shares of the company’s stock valued at $19,914,000 after acquiring an additional 69,906 shares in the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

Analyst Upgrades and Downgrades

HGV has been the subject of several analyst reports. Truist Financial lowered their price objective on Hilton Grand Vacations from $62.00 to $59.00 and set a “buy” rating for the company in a research note on Friday, November 14th. Weiss Ratings reissued a “sell (d+)” rating on shares of Hilton Grand Vacations in a research report on Monday, December 29th. Wells Fargo & Company began coverage on Hilton Grand Vacations in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $42.00 price objective on the stock. Morgan Stanley reiterated an “equal weight” rating and issued a $49.00 target price on shares of Hilton Grand Vacations in a research note on Friday, January 16th. Finally, Zacks Research upgraded shares of Hilton Grand Vacations from a “strong sell” rating to a “hold” rating in a report on Monday, December 22nd. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $52.88.

Hilton Grand Vacations Stock Performance

NYSE HGV opened at $47.73 on Friday. The company has a market capitalization of $4.08 billion, a PE ratio of 86.78, a price-to-earnings-growth ratio of 1.00 and a beta of 1.48. The company has a debt-to-equity ratio of 4.67, a quick ratio of 3.12 and a current ratio of 5.02. Hilton Grand Vacations Inc. has a 52-week low of $30.59 and a 52-week high of $52.08. The company has a 50-day simple moving average of $45.14 and a 200 day simple moving average of $44.41.

Hilton Grand Vacations Profile

Hilton Grand Vacations Inc is a leading developer and marketer of premium vacation ownership resorts. The company specializes in selling timeshare interests in vacation properties under the Hilton Grand Vacations brand, enabling members to purchase deeded real estate interests and utilize a points-based system for booking stays. Alongside new sales, the company provides ongoing management services for its portfolio of resorts, ensuring high standards of guest services, resort maintenance, and member engagement through its proprietary technology platform.

In addition to vacation ownership sales, Hilton Grand Vacations offers a comprehensive suite of membership benefits.