Hilton Grand Vacations Inc (HGV) Given Average Recommendation of “Hold” by Brokerages

Hilton Grand Vacations Inc (NYSE:HGV) has received an average rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $40.80.

A number of analysts recently commented on the stock. Zacks Investment Research cut shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th. TheStreet upgraded shares of Hilton Grand Vacations from a “c” rating to a “b-” rating in a research note on Tuesday, February 19th. Credit Suisse Group restated an “outperform” rating and set a $37.00 price objective on shares of Hilton Grand Vacations in a research note on Wednesday, March 20th. ValuEngine cut shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Finally, SunTrust Banks lifted their price objective on shares of Hilton Grand Vacations to $51.00 and gave the company a “buy” rating in a research note on Friday, March 1st. They noted that the move was a valuation call.

HGV stock opened at $30.00 on Friday. The company has a market capitalization of $2.79 billion, a P/E ratio of 9.84, a P/E/G ratio of 1.91 and a beta of 1.66. The company has a quick ratio of 3.42, a current ratio of 4.66 and a debt-to-equity ratio of 2.21. Hilton Grand Vacations has a 52 week low of $24.17 and a 52 week high of $42.89.

Hilton Grand Vacations (NYSE:HGV) last released its earnings results on Wednesday, May 1st. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.05). The company had revenue of $450.00 million during the quarter, compared to analyst estimates of $455.20 million. Hilton Grand Vacations had a return on equity of 56.90% and a net margin of 14.91%. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter last year, the business earned $0.30 earnings per share. As a group, equities research analysts forecast that Hilton Grand Vacations will post 2.8 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Gateway Investment Advisers LLC lifted its stake in Hilton Grand Vacations by 0.3% during the 4th quarter. Gateway Investment Advisers LLC now owns 117,909 shares of the company’s stock valued at $3,112,000 after acquiring an additional 365 shares during the period. Legal & General Group Plc lifted its stake in Hilton Grand Vacations by 0.8% during the 3rd quarter. Legal & General Group Plc now owns 47,212 shares of the company’s stock valued at $1,563,000 after acquiring an additional 390 shares during the period. BB&T Securities LLC lifted its stake in Hilton Grand Vacations by 4.2% during the 4th quarter. BB&T Securities LLC now owns 13,142 shares of the company’s stock valued at $346,000 after acquiring an additional 534 shares during the period. Rhumbline Advisers lifted its stake in Hilton Grand Vacations by 0.6% during the 1st quarter. Rhumbline Advisers now owns 94,016 shares of the company’s stock valued at $2,900,000 after acquiring an additional 594 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Hilton Grand Vacations by 10.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock valued at $173,000 after purchasing an additional 639 shares in the last quarter.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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