Hilton Grand Vacations (NYSE:HGV) was upgraded by equities researchers at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report issued on Tuesday, The Fly reports.

Several other equities research analysts have also commented on HGV. ValuEngine lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. TheStreet lowered shares of Hilton Grand Vacations from a “b-” rating to a “c” rating in a report on Tuesday, May 7th. Nomura reaffirmed a “neutral” rating on shares of Hilton Grand Vacations in a report on Thursday, August 1st. Finally, Zacks Investment Research lowered shares of Hilton Grand Vacations from a “buy” rating to a “sell” rating in a report on Wednesday, August 7th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. Hilton Grand Vacations currently has an average rating of “Hold” and a consensus price target of $36.20.

NYSE HGV traded up $3.14 on Tuesday, hitting $31.35. The company had a trading volume of 362,666 shares, compared to its average volume of 2,523,185. The company has a market capitalization of $2.37 billion, a PE ratio of 10.27, a PEG ratio of 1.39 and a beta of 2.04. The company’s fifty day moving average price is $30.16 and its 200-day moving average price is $30.35. The company has a debt-to-equity ratio of 3.80, a current ratio of 4.77 and a quick ratio of 3.50. Hilton Grand Vacations has a 12-month low of $24.17 and a 12-month high of $33.99.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $454.00 million during the quarter, compared to analysts’ expectations of $454.44 million. Hilton Grand Vacations had a return on equity of 46.30% and a net margin of 12.92%. Hilton Grand Vacations’s revenue was down 19.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.10 EPS. On average, sell-side analysts anticipate that Hilton Grand Vacations will post 2.21 EPS for the current year.

In other news, insider Barbara L. Hollkamp sold 2,000 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $27.76, for a total transaction of $55,520.00. Following the completion of the sale, the insider now owns 53,547 shares of the company’s stock, valued at $1,486,464.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.05% of the stock is owned by corporate insiders.

Several institutional investors have recently added to or reduced their stakes in the company. UBS Group AG increased its stake in shares of Hilton Grand Vacations by 15,193.0% during the second quarter. UBS Group AG now owns 1,335,080 shares of the company’s stock worth $42,482,000 after buying an additional 1,326,350 shares during the period. Eaton Vance Management increased its stake in Hilton Grand Vacations by 20.3% in the second quarter. Eaton Vance Management now owns 70,461 shares of the company’s stock valued at $2,242,000 after purchasing an additional 11,870 shares during the last quarter. MidWestOne Financial Group Inc. purchased a new position in Hilton Grand Vacations in the second quarter valued at approximately $801,000. Waddell & Reed Financial Inc. increased its stake in Hilton Grand Vacations by 6.3% in the second quarter. Waddell & Reed Financial Inc. now owns 1,320,233 shares of the company’s stock valued at $42,010,000 after purchasing an additional 78,680 shares during the last quarter. Finally, Zimmer Partners LP purchased a new position in Hilton Grand Vacations in the second quarter valued at approximately $69,209,000. 98.86% of the stock is owned by institutional investors and hedge funds.

Hilton Grand Vacations Company Profile

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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Analyst Recommendations for Hilton Grand Vacations (NYSE:HGV)

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