Brokerages expect Hilton Grand Vacations Inc (NYSE:HGV) to announce sales of $498.21 million for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Hilton Grand Vacations’ earnings, with the lowest sales estimate coming in at $482.00 million and the highest estimate coming in at $515.00 million. Hilton Grand Vacations posted sales of $642.00 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 22.4%. The firm is scheduled to announce its next earnings report on Wednesday, February 26th.

According to Zacks, analysts expect that Hilton Grand Vacations will report full year sales of $1.90 billion for the current financial year, with estimates ranging from $1.85 billion to $1.93 billion. For the next fiscal year, analysts anticipate that the business will post sales of $2.07 billion, with estimates ranging from $1.99 billion to $2.16 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow Hilton Grand Vacations.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.10. Hilton Grand Vacations had a return on equity of 47.96% and a net margin of 13.12%. The company had revenue of $466.00 million during the quarter, compared to analyst estimates of $460.48 million. During the same quarter last year, the firm posted $0.42 earnings per share. The firm’s revenue was up 9.1% on a year-over-year basis.

Several research firms have weighed in on HGV. Nomura lifted their price objective on Hilton Grand Vacations from $29.00 to $33.00 and gave the company a “neutral” rating in a research report on Tuesday, September 24th. Zacks Investment Research lowered Hilton Grand Vacations from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. SunTrust Banks lowered their target price on Hilton Grand Vacations from $43.00 to $42.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Wolfe Research set a $43.00 price target on Hilton Grand Vacations and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, JPMorgan Chase & Co. raised Hilton Grand Vacations from an “underweight” rating to a “neutral” rating and set a $33.00 price target on the stock in a research note on Tuesday, August 20th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Hilton Grand Vacations has an average rating of “Hold” and an average price target of $37.63.

In related news, insider Barbara L. Hollkamp sold 2,000 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $33.56, for a total transaction of $67,120.00. Following the sale, the insider now owns 51,547 shares of the company’s stock, valued at $1,729,917.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.05% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Long Pond Capital LP lifted its holdings in shares of Hilton Grand Vacations by 34.1% during the second quarter. Long Pond Capital LP now owns 7,867,092 shares of the company’s stock valued at $250,331,000 after purchasing an additional 2,000,000 shares during the last quarter. Zimmer Partners LP raised its stake in Hilton Grand Vacations by 178.2% during the third quarter. Zimmer Partners LP now owns 6,050,266 shares of the company’s stock valued at $193,609,000 after buying an additional 3,875,266 shares during the last quarter. P2 Capital Partners LLC raised its stake in Hilton Grand Vacations by 35.5% during the second quarter. P2 Capital Partners LLC now owns 4,500,000 shares of the company’s stock valued at $143,190,000 after buying an additional 1,178,425 shares during the last quarter. Prudential Financial Inc. boosted its holdings in Hilton Grand Vacations by 1,156.9% in the second quarter. Prudential Financial Inc. now owns 1,833,084 shares of the company’s stock worth $58,329,000 after acquiring an additional 1,687,240 shares in the last quarter. Finally, UBS Group AG boosted its holdings in Hilton Grand Vacations by 15,193.0% in the second quarter. UBS Group AG now owns 1,335,080 shares of the company’s stock worth $42,482,000 after acquiring an additional 1,326,350 shares in the last quarter. Institutional investors and hedge funds own 99.34% of the company’s stock.

Shares of HGV traded up $0.05 during trading hours on Wednesday, reaching $34.95. 576,262 shares of the company traded hands, compared to its average volume of 1,376,535. Hilton Grand Vacations has a 12 month low of $24.17 and a 12 month high of $36.56. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 11.46, a price-to-earnings-growth ratio of 1.86 and a beta of 1.96. The company’s fifty day moving average price is $34.89 and its two-hundred day moving average price is $31.68. The company has a quick ratio of 3.27, a current ratio of 4.41 and a debt-to-equity ratio of 3.42.

About Hilton Grand Vacations

Hilton Grand Vacations Inc, a timeshare company, develops, markets, and operates vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing, and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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