Hilton Grand Vacations Inc. (NYSE:HGV) Receives $47.25 Average Target Price from Analysts

Shares of Hilton Grand Vacations Inc. (NYSE:HGV) have received a consensus recommendation of “Hold” from the eight analysts that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $47.25.

A number of research firms have weighed in on HGV. Truist Financial lifted their price objective on Hilton Grand Vacations from $51.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, March 7th. Morgan Stanley initiated coverage on shares of Hilton Grand Vacations in a research report on Monday, January 6th. They issued an “overweight” rating and a $47.00 target price on the stock. Mizuho increased their price objective on Hilton Grand Vacations from $55.00 to $60.00 and gave the company an “outperform” rating in a research note on Friday, February 28th. The Goldman Sachs Group upped their target price on Hilton Grand Vacations from $37.00 to $42.00 and gave the company a “sell” rating in a report on Tuesday, March 4th. Finally, JMP Securities reduced their price target on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research report on Wednesday, December 18th.

Institutional Investors Weigh In On Hilton Grand Vacations

Several large investors have recently added to or reduced their stakes in the business. Covestor Ltd increased its position in shares of Hilton Grand Vacations by 432.4% in the 4th quarter. Covestor Ltd now owns 1,283 shares of the company’s stock valued at $50,000 after purchasing an additional 1,042 shares during the last quarter. KBC Group NV raised its holdings in shares of Hilton Grand Vacations by 41.2% in the fourth quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after buying an additional 889 shares during the last quarter. Aigen Investment Management LP acquired a new stake in Hilton Grand Vacations during the 4th quarter worth approximately $200,000. Crossmark Global Holdings Inc. acquired a new stake in shares of Hilton Grand Vacations during the fourth quarter worth $204,000. Finally, FourThought Financial Partners LLC purchased a new stake in shares of Hilton Grand Vacations in the fourth quarter valued at about $232,000. 97.23% of the stock is owned by hedge funds and other institutional investors.

Hilton Grand Vacations Stock Performance

Shares of Hilton Grand Vacations stock opened at $38.87 on Friday. The company has a market capitalization of $3.68 billion, a PE ratio of 44.17, a P/E/G ratio of 2.20 and a beta of 1.84. Hilton Grand Vacations has a one year low of $33.21 and a one year high of $47.81. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The company has a 50-day simple moving average of $40.36 and a two-hundred day simple moving average of $39.39.

Hilton Grand Vacations (NYSE:HGV) last released its earnings results on Thursday, February 27th. The company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.40). The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. Research analysts expect that Hilton Grand Vacations will post 3.39 EPS for the current fiscal year.

About Hilton Grand Vacations

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, manages, and operates the resorts, plans and ancillary reservation services under the Hilton Grand Vacations brand. It operates through Real Estate Sales and Financing, and Resort Operations and Club Management segments. Real Estate Sales and Financing segment market and sells the VOIs, and source VOIs through fee-for-service agreements with third-party developers; and provides consumer financing and services loans.