Hilton Grand Vacations Inc. (NYSE:HGV) Receives $52.88 Consensus Price Target from Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have received an average rating of “Hold” from the ten research firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $52.8750.

Several research analysts have recently commented on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Hilton Grand Vacations in a report on Monday, December 29th. Zacks Research upgraded Hilton Grand Vacations from a “strong sell” rating to a “hold” rating in a research report on Monday, December 22nd. Morgan Stanley reissued an “equal weight” rating and issued a $49.00 price objective on shares of Hilton Grand Vacations in a research note on Friday, January 16th. Wells Fargo & Company initiated coverage on Hilton Grand Vacations in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $42.00 target price for the company. Finally, Truist Financial cut their price target on Hilton Grand Vacations from $62.00 to $59.00 and set a “buy” rating for the company in a report on Friday, November 14th.

Hilton Grand Vacations Stock Up 1.9%

Shares of NYSE:HGV opened at $46.17 on Monday. The company’s fifty day moving average is $45.53 and its 200-day moving average is $44.26. 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 has a 52 week low of $30.59 and a 52 week high of $52.08. The company has a market capitalization of $3.95 billion, a PE ratio of 83.94, a P/E/G ratio of 0.98 and a beta of 1.48.

Institutional Trading of Hilton Grand Vacations

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Iridian Asset Management LLC CT lifted its stake in shares of Hilton Grand Vacations by 38.0% in the 3rd quarter. Iridian Asset Management LLC CT now owns 274,055 shares of the company’s stock valued at $11,458,000 after purchasing an additional 75,453 shares during the period. PB Investment Partners L.P. increased its holdings in Hilton Grand Vacations by 6.7% in the second quarter. PB Investment Partners L.P. now owns 610,098 shares of the company’s stock valued at $25,337,000 after purchasing an additional 38,540 shares during the last quarter. Quantbot Technologies LP bought a new stake in Hilton Grand Vacations in the second quarter valued at about $1,774,000. Vanguard Personalized Indexing Management LLC lifted its stake in Hilton Grand Vacations by 94.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 12,513 shares of the company’s stock valued at $520,000 after buying an additional 6,082 shares during the period. Finally, Assenagon Asset Management S.A. boosted its holdings in Hilton Grand Vacations by 2,637.2% during the third quarter. Assenagon Asset Management S.A. now owns 221,932 shares of the company’s stock worth $9,279,000 after buying an additional 213,824 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

Hilton Grand Vacations Company 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.