166,381 Shares in Hilton Grand Vacations Inc. $HGV Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL bought a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 166,381 shares of the company’s stock, valued at approximately $6,956,000.

Several other large investors have also added to or reduced their stakes in the business. Securian Asset Management Inc. boosted its holdings in Hilton Grand Vacations by 5.0% during the third quarter. Securian Asset Management Inc. now owns 4,619 shares of the company’s stock worth $193,000 after purchasing an additional 222 shares during the last quarter. Waterway Wealth Management LLC boosted its holdings in Hilton Grand Vacations by 4.3% during the third quarter. Waterway Wealth Management LLC now owns 7,950 shares of the company’s stock worth $332,000 after purchasing an additional 325 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Hilton Grand Vacations by 73.0% during the third quarter. EverSource Wealth Advisors LLC now owns 1,109 shares of the company’s stock worth $46,000 after purchasing an additional 468 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in Hilton Grand Vacations by 3.8% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 12,994 shares of the company’s stock worth $543,000 after purchasing an additional 481 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in Hilton Grand Vacations by 4.2% during the third quarter. Thrivent Financial for Lutherans now owns 14,171 shares of the company’s stock worth $592,000 after purchasing an additional 574 shares during the last quarter. Institutional investors and hedge funds own 97.23% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings upgraded shares of Hilton Grand Vacations from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Mizuho reduced their target price on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating for the company in a report on Friday, February 27th. Morgan Stanley restated an “equal weight” rating and set a $49.00 target price on shares of Hilton Grand Vacations in a report on Friday, January 16th. Citizens Jmp upped their price target on shares of Hilton Grand Vacations from $50.00 to $55.00 and gave the stock a “market outperform” rating in a research report on Monday, March 9th. Finally, Wall Street Zen raised shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $52.33.

Hilton Grand Vacations Stock Performance

NYSE HGV opened at $41.43 on Wednesday. The company has a current ratio of 5.20, a quick ratio of 3.17 and a debt-to-equity ratio of 5.04. The firm’s fifty day moving average price is $43.89 and its two-hundred day moving average price is $43.55. Hilton Grand Vacations Inc. has a 1 year low of $30.59 and a 1 year high of $52.08. The firm has a market capitalization of $3.37 billion, a P/E ratio of 45.53, a price-to-earnings-growth ratio of 0.56 and a beta of 1.49.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.17). Hilton Grand Vacations had a return on equity of 11.90% and a net margin of 1.60%.The firm had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the company posted $0.49 earnings per share. The business’s revenue was up 3.8% compared to the same quarter last year. As a group, research analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 EPS for the current year.

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.