Jefferies Group LLC lifted its holdings in Hilton Grand Vacations Inc (NYSE:HGV) by 2,128.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 327,232 shares of the company’s stock after purchasing an additional 312,550 shares during the quarter. Jefferies Group LLC’s holdings in Hilton Grand Vacations were worth $10,831,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HGV. BNP Paribas Arbitrage SA grew its position in shares of Hilton Grand Vacations by 586.9% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,867 shares of the company’s stock valued at $134,000 after purchasing an additional 3,304 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Hilton Grand Vacations by 48.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,310 shares of the company’s stock valued at $184,000 after purchasing an additional 1,727 shares during the period. Poehling Capital Management LLC grew its position in shares of Hilton Grand Vacations by 69.8% in the 3rd quarter. Poehling Capital Management LLC now owns 6,894 shares of the company’s stock valued at $228,000 after purchasing an additional 2,833 shares during the period. Piedmont Investment Advisors Inc. acquired a new position in shares of Hilton Grand Vacations in the 3rd quarter valued at approximately $232,000. Finally, First Hawaiian Bank acquired a new position in shares of Hilton Grand Vacations in the 3rd quarter valued at approximately $247,000. Institutional investors and hedge funds own 95.21% of the company’s stock.

Several research firms have commented on HGV. Goldman Sachs Group cut their target price on Hilton Grand Vacations to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 27th. JPMorgan Chase & Co. cut their target price on Hilton Grand Vacations from $47.00 to $39.00 and set a “buy” rating on the stock in a research note on Friday, November 2nd. Zacks Investment Research upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Monday, September 17th. ValuEngine upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Tuesday, November 27th. Finally, Macquarie upgraded Hilton Grand Vacations from a “neutral” rating to an “outperform” rating in a research note on Thursday, November 15th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $42.00.

Shares of Hilton Grand Vacations stock opened at $28.57 on Friday. Hilton Grand Vacations Inc has a 12-month low of $26.20 and a 12-month high of $47.75. The company has a market cap of $2.83 billion, a PE ratio of 14.50, a P/E/G ratio of 1.94 and a beta of 1.48. The company has a current ratio of 4.69, a quick ratio of 3.35 and a debt-to-equity ratio of 2.38.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings data on Wednesday, October 31st. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.03). Hilton Grand Vacations had a return on equity of 45.87% and a net margin of 20.01%. The company had revenue of $427.00 million for the quarter, compared to the consensus estimate of $429.21 million. During the same quarter in the prior year, the company earned $0.43 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. As a group, equities analysts expect that Hilton Grand Vacations Inc will post 3.01 earnings per share for the current fiscal year.

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Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare 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.

Further Reading: What is the Coverage Ratio?

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Institutional Ownership by Quarter for Hilton Grand Vacations (NYSE:HGV)

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