Nationwide Fund Advisors purchased a new stake in Hilton Grand Vacations Inc. (NYSE:HGV) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 167,300 shares of the company’s stock, valued at approximately $6,033,000. Nationwide Fund Advisors owned approximately 0.17% of Hilton Grand Vacations at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of HGV. Public Employees Retirement Association of Colorado increased its holdings in shares of Hilton Grand Vacations by 1.8% in the second quarter. Public Employees Retirement Association of Colorado now owns 11,194 shares of the company’s stock valued at $404,000 after purchasing an additional 199 shares during the last quarter. Pacad Investment Ltd. lifted its position in Hilton Grand Vacations by 6.7% during the second quarter. Pacad Investment Ltd. now owns 6,400 shares of the company’s stock worth $231,000 after buying an additional 400 shares in the last quarter. Blair William & Co. IL lifted its position in Hilton Grand Vacations by 2.3% during the second quarter. Blair William & Co. IL now owns 49,544 shares of the company’s stock worth $1,787,000 after buying an additional 1,112 shares in the last quarter. Utah Retirement Systems boosted its stake in Hilton Grand Vacations by 13.6% during the second quarter. Utah Retirement Systems now owns 10,860 shares of the company’s stock worth $392,000 after buying an additional 1,300 shares during the last quarter. Finally, State of Wisconsin Investment Board boosted its stake in Hilton Grand Vacations by 13.5% during the second quarter. State of Wisconsin Investment Board now owns 11,795 shares of the company’s stock worth $425,000 after buying an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 97.90% of the company’s stock.

In other news, Director David William Johnson purchased 28,000 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were bought at an average cost of $35.16 per share, with a total value of $984,480.00. Following the purchase, the director now directly owns 33,000 shares of the company’s stock, valued at $1,160,280. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.46% of the stock is owned by company insiders.

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Shares of Hilton Grand Vacations Inc. (NYSE HGV) opened at 39.62 on Wednesday. The firm has a market cap of $3.93 billion and a P/E ratio of 22.55. The stock’s 50 day moving average is $37.65 and its 200-day moving average is $37.65. Hilton Grand Vacations Inc. has a one year low of $24.60 and a one year high of $40.11.

Hilton Grand Vacations (NYSE:HGV) last announced its earnings results on Wednesday, August 2nd. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.06. The firm had revenue of $439.00 million during the quarter, compared to analyst estimates of $413.33 million. Hilton Grand Vacations’s revenue for the quarter was up 12.3% on a year-over-year basis. Analysts anticipate that Hilton Grand Vacations Inc. will post $1.94 EPS for the current fiscal year.

HGV has been the subject of several analyst reports. Zacks Investment Research upgraded Hilton Grand Vacations from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Wednesday, September 27th. Instinet reaffirmed a “buy” rating and issued a $45.00 target price (up from $44.00) on shares of Hilton Grand Vacations in a research note on Thursday, August 3rd. Buckingham Research assumed coverage on Hilton Grand Vacations in a research note on Monday, June 19th. They issued a “buy” rating and a $42.00 target price for the company. Finally, Nomura lifted their price target on Hilton Grand Vacations from $44.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, August 3rd. Nine research analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of $38.78.

Hilton Grand Vacations Company Profile

Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.

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

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