Tudor Investment Corp ET AL purchased a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 166,381 shares of the company’s stock, valued at approximately $6,956,000. Tudor Investment Corp ET AL owned about 0.19% of Hilton Grand Vacations at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in shares of Hilton Grand Vacations in the 1st quarter valued at about $1,541,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Hilton Grand Vacations by 1.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,304 shares of the company’s stock worth $1,545,000 after purchasing an additional 615 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Hilton Grand Vacations by 2.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,370 shares of the company’s stock valued at $6,748,000 after buying an additional 3,705 shares during the period. Intech Investment Management LLC raised its holdings in Hilton Grand Vacations by 24.5% in the first quarter. Intech Investment Management LLC now owns 43,541 shares of the company’s stock valued at $1,629,000 after buying an additional 8,567 shares during the period. Finally, SG Americas Securities LLC lifted its position in Hilton Grand Vacations by 331.4% during the second quarter. SG Americas Securities LLC now owns 13,891 shares of the company’s stock valued at $577,000 after buying an additional 10,671 shares in the last quarter. 97.23% of the stock is currently owned by hedge funds and other institutional investors.
Hilton Grand Vacations Trading Up 3.5%
NYSE:HGV opened at $41.64 on Tuesday. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 45.76, a price-to-earnings-growth ratio of 0.55 and a beta of 1.43. Hilton Grand Vacations Inc. has a one year low of $30.59 and a one year high of $52.08. The company has a debt-to-equity ratio of 5.04, a quick ratio of 3.17 and a current ratio of 5.20. The business’s 50-day simple moving average is $45.27 and its 200 day simple moving average is $43.98.
Analyst Upgrades and Downgrades
Several equities research analysts have recently issued reports on the stock. Barclays dropped their price objective on shares of Hilton Grand Vacations from $49.00 to $48.00 and set an “equal weight” rating for the company in a research report on Monday, March 2nd. Zacks Research lowered shares of Hilton Grand Vacations from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 3rd. Mizuho decreased their price target on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. The Goldman Sachs Group reiterated a “sell” rating and issued a $40.00 price target on shares of Hilton Grand Vacations in a report on Thursday, February 26th. Finally, Jefferies Financial Group raised their price objective on Hilton Grand Vacations from $46.00 to $50.00 and gave the company a “hold” rating in a research report on Monday, March 2nd. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $52.33.
Get Our Latest Stock Report on HGV
Hilton Grand Vacations Profile
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.
Further Reading
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