Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. reduced its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 29.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 163,425 shares of the company’s stock after selling 68,199 shares during the period. Hilton Grand Vacations accounts for about 0.6% of Landscape Capital Management L.L.C.’s investment portfolio, making the stock its 24th largest position. Landscape Capital Management L.L.C.’s holdings in Hilton Grand Vacations were worth $5,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Reston Wealth Management LLC purchased a new position in Hilton Grand Vacations in the third quarter valued at approximately $25,000. nVerses Capital LLC bought a new position in Hilton Grand Vacations during the 2nd quarter worth approximately $32,000. Blue Trust Inc. lifted its stake in Hilton Grand Vacations by 141.7% during the third quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Hilton Grand Vacations in the 2nd quarter valued at about $93,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Hilton Grand Vacations in the second quarter valued at approximately $120,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on HGV. The Goldman Sachs Group assumed coverage on shares of Hilton Grand Vacations in a research report on Wednesday, September 18th. They set a “sell” rating and a $31.00 price target for the company. Mizuho cut their price objective on Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. StockNews.com cut Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Monday, August 12th. Jefferies Financial Group downgraded shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating and lowered their price objective for the company from $55.00 to $35.00 in a research report on Friday, August 9th. Finally, Barclays boosted their target price on Hilton Grand Vacations from $40.00 to $44.00 and gave the company an “overweight” rating in a research note on Friday, November 8th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Hilton Grand Vacations presently has an average rating of “Hold” and a consensus price target of $44.00.

Hilton Grand Vacations Trading Down 0.1 %

Hilton Grand Vacations stock opened at $40.78 on Thursday. Hilton Grand Vacations Inc. has a 52 week low of $33.21 and a 52 week high of $49.02. The firm has a market capitalization of $4.02 billion, a PE ratio of 46.34, a PEG ratio of 2.21 and a beta of 1.82. The business’s 50-day simple moving average is $37.98 and its 200-day simple moving average is $39.34. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company posted $0.98 EPS. The firm’s quarterly revenue was up 28.3% on a year-over-year basis. Equities research analysts forecast that Hilton Grand Vacations Inc. will post 3.49 earnings per share for the current year.

Hilton Grand Vacations Profile

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.