2 weeks Ago By Defense World Staff
Bank of Montreal Can boosted its holdings in Hilton Grand Vacations Inc. (NYSE:HGV – Free Report) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC.
The fund owned 7,447 shares of the company’s stock after acquiring an additional 361 shares during the period. Bank of Montreal Can’s holdings in Hilton Grand Vacations were worth $290,000 at the end of the most recent reporting period. Several other hedge funds also recently added to or reduced their stakes in HGV.
Norges Bank acquired a new stake in Hilton Grand Vacations in the fourth quarter valued at approximately $33,047,000. Franklin Resources Inc. raised its holdings in Hilton Grand Vacations by 17.
8% during the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company’s stock worth $117,402,000 after purchasing an additional 499,067 shares in the last quarter.
Barclays PLC boosted its holdings in shares of Hilton Grand Vacations by 330.8% in the 3rd quarter. Barclays PLC now owns 246,131 shares of the company’s stock valued at $8,941,000 after buying an additional 188,997 shares in the last quarter.
Arrowstreet Capital Limited Partnership purchased a new position in shares of Hilton Grand Vacations in the 4th quarter valued at $6,428,000. Finally, Pamalican Asset Management Ltd purchased a new stake in shares of Hilton Grand Vacations in the 4th quarter valued at about $5,842,000. 97.
23% of the stock is currently owned by hedge funds and other institutional investors. Hilton Grand Vacations Stock PerformanceShares of HGV opened at $33.71 on Thursday.
Hilton Grand Vacations Inc. has a 12-month low of $30.59 and a 12-month high of $45.
48. The stock has a market cap of $3.19 billion, a P/E ratio of 38.
31, a PEG ratio of 2.20 and a beta of 1.68.
The company has a current ratio of 4.83, a quick ratio of 3.08 and a debt-to-equity ratio of 3.
32. The company has a 50-day moving average of $37.29 and a two-hundred day moving average of $39.
02. Hilton Grand Vacations (NYSE:HGV – Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The company reported $0.
49 earnings per share (EPS) 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 analyst estimates of $1.28 billion.
Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%.
As a group, research analysts predict that Hilton Grand Vacations Inc. will post 3.39 EPS for the current fiscal year.
Analysts Set New Price TargetsSeveral analysts have recently commented on HGV shares. Barclays raised their price target on Hilton Grand Vacations from $41.00 to $45.
00 and gave the company an “equal weight” rating in a report on Friday, February 28th. Mizuho raised their target price on Hilton Grand Vacations from $55.00 to $60.
00 and gave the company an “outperform” rating in a report on Friday, February 28th. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st.
The Goldman Sachs Group cut their price target on shares of Hilton Grand Vacations from $42.00 to $30.00 and set a “sell” rating for the company in a report on Monday, April 14th.
Finally, Truist Financial boosted their price objective on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a report on Friday, March 7th.
One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Hilton Grand Vacations currently has a consensus rating of “Hold” and an average price target of $44.
63.Check Out Our Latest Research Report on Hilton Grand VacationsHilton Grand Vacations Profile (Free Report)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.See AlsoFive stocks we like better than Hilton Grand VacationsStocks with Unusual Volume: How to Find Unusual Volume Stocks in Real TimeCan IBM’s Q1 Earnings Spark a Breakout for the Stock?3 Small Caps With Big Return PotentialS&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry?Upcoming IPO Stock Lockup Period, ExplainedFundamentally Sound, These 5 Stocks Sold Off AnywayWant to see what other hedge funds are holding HGV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Grand Vacations Inc.
(NYSE:HGV – Free Report)..
