JPMorgan Chase & Co. Issues Pessimistic Forecast for Hilton Grand Vacations (NYSE:HGV) Stock Price

Hilton Grand Vacations (NYSE:HGV) had its target price reduced by stock analysts at JPMorgan Chase & Co. from $39.00 to $38.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential downside of 1.26% from the stock’s current price.

A number of other research analysts have also recently commented on HGV. The Goldman Sachs Group cut their price target on shares of Hilton Grand Vacations from $40.00 to $35.00 and set a “neutral” rating for the company in a research note on Friday. Zacks Research lowered Hilton Grand Vacations from a “hold” rating to a “strong sell” rating in a research note on Monday, October 5th. Morgan Stanley dropped their target price on Hilton Grand Vacations from $58.00 to $54.00 and set an “equal weight” rating for the company in a report on Tuesday, August 18th. Barclays cut their target price on Hilton Grand Vacations from $51.00 to $46.00 and set an “equal weight” rating for the company in a research report on Friday, July 31st. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Hilton Grand Vacations in a research note on Friday, September 4th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $49.80.

Hilton Grand Vacations Stock Performance

HGV stock traded up $2.78 during midday trading on Friday, hitting $38.49. The stock had a trading volume of 1,877,914 shares, compared to its average volume of 998,713. Hilton Grand Vacations has a 52 week low of $33.99 and a 52 week high of $55.40. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 21.74, a P/E/G ratio of 0.36 and a beta of 1.61. The company has a current ratio of 5.02, a quick ratio of 3.20 and a debt-to-equity ratio of 6.18. The stock has a 50-day simple moving average of $37.74 and a 200 day simple moving average of $44.61.

Hilton Grand Vacations (NYSE:HGV) last issued its earnings results on Thursday, October 29th. The company reported $4.03 earnings per share for the quarter, beating the consensus estimate of $1.08 by $2.95. Hilton Grand Vacations had a net margin of 2.86% and a return on equity of 20.40%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the business earned $0.60 EPS. The firm’s revenue was up 50.8% on a year-over-year basis. As a group, equities research analysts anticipate that Hilton Grand Vacations will post 4.48 earnings per share for the current year.

Hilton Grand Vacations declared that its Board of Directors has initiated a stock repurchase plan on Thursday, August 20th that permits the company to repurchase $600 million in shares. This buyback authorization permits the company to purchase up to 17% of its stock through open market purchases. Share buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Hilton Grand Vacations news, insider Charles Corbin, Jr. sold 20,691 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $46.90, for a total value of $970,407.90. Following the transaction, the insider directly owned 47,924 shares in the company, valued at $2,247,635.60. The trade was a 30.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.10% of the stock is currently owned by company insiders.

Institutional Trading of Hilton Grand Vacations

Several hedge funds have recently modified their holdings of HGV. State of Wyoming grew its holdings in Hilton Grand Vacations by 71.9% during the 3rd quarter. State of Wyoming now owns 10,226 shares of the company’s stock worth $354,000 after acquiring an additional 4,278 shares during the last quarter. Iridian Asset Management LLC CT boosted its stake in Hilton Grand Vacations by 54.5% in the third quarter. Iridian Asset Management LLC CT now owns 711,664 shares of the company’s stock valued at $24,666,000 after acquiring an additional 251,068 shares during the last quarter. Sterling Capital Management LLC boosted its stake in Hilton Grand Vacations by 912.6% in the third quarter. Sterling Capital Management LLC now owns 2,015 shares of the company’s stock valued at $70,000 after acquiring an additional 1,816 shares during the last quarter. State of Alaska Department of Revenue boosted its stake in Hilton Grand Vacations by 63.3% in the third quarter. State of Alaska Department of Revenue now owns 9,611 shares of the company’s stock valued at $333,000 after acquiring an additional 3,727 shares during the last quarter. Finally, Tidal Investments LLC acquired a new stake in Hilton Grand Vacations during the 2nd quarter worth $231,000. Institutional investors and hedge funds own 97.23% of the company’s stock.

More Hilton Grand Vacations News

Here are the key news stories impacting Hilton Grand Vacations this week:

• Positive Sentiment: Accelerated share buyback: HGV entered into an uncollared $200 million accelerated share-repurchase agreement with Deutsche Bank. The program should reduce shares outstanding, potentially support earnings per share, and signal management’s confidence in the stock’s valuation. Hilton Grand Vacations Starts Accelerated Share Buyback
• Positive Sentiment: Strong third-quarter earnings: Hilton Grand Vacations reported adjusted earnings of $4.03 per share, far above the $1.08 analyst consensus and up from $0.60 a year earlier. Revenue reached $1.96 billion versus the $1.39 billion estimate, increasing 50.8% year over year. The large earnings and revenue beats are the primary catalyst for the stock’s advance. Hilton Grand Vacations Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Updated outlook: Management forecast 2026 adjusted EBITDA of approximately $1.165 billion to $1.180 billion following a guidance reset, giving investors a clearer view of expected profitability. Hilton Grand Vacations Forecasts 2026 Adjusted EBITDA
• Neutral Sentiment: HGV appointed Mike Riley as executive vice president and chief sales and marketing officer. The change could influence future sales execution, but its near-term financial impact is unclear. Hilton Grand Vacations Appoints Mike Riley

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc (NYSE:HGV) is a global vacation ownership company that markets and sells vacation intervals, points-based memberships and related travel experiences. Its portfolio includes branded vacation ownership resorts and accommodations in popular leisure destinations, with products designed to provide members with recurring access to vacation properties.

The company also provides resort management, reservation and customer services, financing for vacation ownership purchases, and exchange and travel-planning services.