Fox Run Management L.L.C. Invests $1.09 Million in Hilton Grand Vacations Inc. $HGV

Fox Run Management L.L.C. bought a new position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) in the 4th quarter, Holdings Channel reports. The fund bought 24,241 shares of the company’s stock, valued at approximately $1,085,000.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Hilton Grand Vacations by 743.4% during the second quarter. EverSource Wealth Advisors LLC now owns 641 shares of the company’s stock worth $27,000 after buying an additional 565 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Hilton Grand Vacations by 60.6% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the company’s stock valued at $41,000 after acquiring an additional 349 shares in the last quarter. Quarry LP purchased a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $44,000. State of Wyoming purchased a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $56,000. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $92,000. Institutional investors and hedge funds own 97.23% of the company’s stock.

Hilton Grand Vacations Stock Performance

NYSE:HGV opened at $48.86 on Wednesday. The firm has a 50 day simple moving average of $46.62 and a 200-day simple moving average of $45.22. The company has a debt-to-equity ratio of 5.41, a current ratio of 4.33 and a quick ratio of 2.64. The firm has a market cap of $3.87 billion, a PE ratio of 26.13, a P/E/G ratio of 0.43 and a beta of 1.50. Hilton Grand Vacations Inc. has a 1-year low of $36.79 and a 1-year high of $53.82.

Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.43. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.27 billion. Hilton Grand Vacations had a net margin of 3.16% and a return on equity of 17.62%. The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.09 earnings per share. On average, equities analysts expect that Hilton Grand Vacations Inc. will post 5.11 EPS for the current year.

Analyst Upgrades and Downgrades

HGV has been the topic of several analyst reports. Wells Fargo & Company lowered their target price on shares of Hilton Grand Vacations from $49.00 to $47.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Mizuho lowered their target price on shares of Hilton Grand Vacations from $73.00 to $69.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hilton Grand Vacations in a report on Friday, May 29th. Truist Financial lifted their target price on shares of Hilton Grand Vacations from $67.00 to $71.00 and gave the company a “buy” rating in a report on Monday, May 18th. Finally, Citizens Jmp lifted their target price on shares of Hilton Grand Vacations from $50.00 to $55.00 and gave the company a “market outperform” rating in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Hilton Grand Vacations presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.89.

Insider Activity

In other news, insider Charles R. Jr. Corbin sold 32,907 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $47.66, for a total value of $1,568,347.62. Following the completion of the transaction, the insider owned 68,615 shares of the company’s stock, valued at $3,270,190.90. The trade was a 32.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Carlos Hernandez sold 5,595 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $46.69, for a total transaction of $261,230.55. Following the completion of the transaction, the insider directly owned 14,080 shares of the company’s stock, valued at approximately $657,395.20. This represents a 28.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 229,315 shares of company stock valued at $11,738,497 over the last 90 days. Insiders own 3.10% of the company’s stock.

Hilton Grand Vacations Company 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.