Mudita Advisors LLP Buys 189,286 Shares of Hilton Grand Vacations Inc. $HGV

Mudita Advisors LLP grew its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 8.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,333,146 shares of the company’s stock after buying an additional 189,286 shares during the period. Hilton Grand Vacations makes up 28.2% of Mudita Advisors LLP’s portfolio, making the stock its biggest position. Mudita Advisors LLP owned approximately 2.73% of Hilton Grand Vacations worth $97,549,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Invesco Ltd. raised its position in shares of Hilton Grand Vacations by 6.2% during the third quarter. Invesco Ltd. now owns 361,219 shares of the company’s stock worth $15,103,000 after purchasing an additional 21,081 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in Hilton Grand Vacations by 489.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,582,535 shares of the company’s stock valued at $66,166,000 after buying an additional 1,314,117 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Hilton Grand Vacations by 458.7% in the third quarter. Sei Investments Co. now owns 85,481 shares of the company’s stock valued at $3,574,000 after buying an additional 70,181 shares during the period. UBS Group AG increased its position in shares of Hilton Grand Vacations by 34.4% during the third quarter. UBS Group AG now owns 2,258,391 shares of the company’s stock worth $94,423,000 after acquiring an additional 577,772 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Hilton Grand Vacations by 89.4% during the third quarter. BNP Paribas Financial Markets now owns 122,602 shares of the company’s stock worth $5,126,000 after acquiring an additional 57,860 shares during the period. 97.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on HGV. Zacks Research cut shares of Hilton Grand Vacations from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 3rd. Truist Financial dropped their price target on Hilton Grand Vacations from $62.00 to $59.00 and set a “buy” rating on the stock in a research note on Friday, November 14th. Wells Fargo & Company started coverage on Hilton Grand Vacations in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $42.00 price objective for the company. Weiss Ratings upgraded Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Finally, Citizens Jmp lifted their target price on Hilton Grand Vacations from $50.00 to $55.00 and gave the company a “market outperform” rating in a research report on Monday. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $52.33.

Hilton Grand Vacations Stock Down 0.1%

NYSE:HGV traded down $0.06 on Friday, hitting $41.81. 33,147 shares of the company’s stock were exchanged, compared to its average volume of 780,655. The firm has a 50-day moving average price of $46.01 and a 200-day moving average price of $44.32. Hilton Grand Vacations Inc. has a 52 week low of $30.59 and a 52 week high of $52.08. The company has a debt-to-equity ratio of 5.04, a current ratio of 5.20 and a quick ratio of 3.17. The company has a market cap of $3.40 billion, a P/E ratio of 46.15, a price-to-earnings-growth ratio of 0.59 and a beta of 1.43.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.17). The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.38 billion. Hilton Grand Vacations had a net margin of 1.60% and a return on equity of 11.90%. Hilton Grand Vacations’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 EPS. As a group, analysts expect that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.

About Hilton Grand Vacations

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.