Banco Bilbao Vizcaya Argentaria S.A. cut its stake in Hilton Grand Vacations Inc. (NYSE:HGV – Free Report) by 5.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,852 shares of the company’s stock after selling 528 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Hilton Grand Vacations were worth $344,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of HGV. Price T Rowe Associates Inc. MD boosted its holdings in shares of Hilton Grand Vacations by 0.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 559,414 shares of the company’s stock valued at $21,790,000 after buying an additional 1,768 shares in the last quarter. Dark Forest Capital Management LP purchased a new position in Hilton Grand Vacations during the 4th quarter valued at about $494,000. Tower Research Capital LLC TRC boosted its stake in Hilton Grand Vacations by 7.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 13,141 shares of the company’s stock worth $512,000 after acquiring an additional 869 shares in the last quarter. TFJ Management LLC purchased a new stake in Hilton Grand Vacations in the fourth quarter worth about $3,571,000. Finally, MetLife Investment Management LLC increased its stake in shares of Hilton Grand Vacations by 4.4% during the fourth quarter. MetLife Investment Management LLC now owns 76,643 shares of the company’s stock valued at $2,985,000 after purchasing an additional 3,265 shares in the last quarter. 97.23% of the stock is owned by institutional investors.
Hilton Grand Vacations Price Performance
HGV opened at $33.92 on Wednesday. The company’s 50-day simple moving average is $36.61 and its two-hundred day simple moving average is $39.00. The company has a debt-to-equity ratio of 3.32, a quick ratio of 3.08 and a current ratio of 4.83. The stock has a market capitalization of $3.21 billion, a P/E ratio of 38.55, a P/E/G ratio of 2.20 and a beta of 1.68. Hilton Grand Vacations Inc. has a 52-week low of $30.59 and a 52-week high of $45.00.
Wall Street Analyst Weigh In
Several analysts recently weighed in on HGV shares. StockNews.com upgraded Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Saturday, March 1st. Truist Financial increased their target price on Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, March 7th. The Goldman Sachs Group lowered their price target on Hilton Grand Vacations from $42.00 to $30.00 and set a “sell” rating for the company in a research report on Monday, April 14th. Barclays upped their price target on shares of Hilton Grand Vacations from $41.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. Finally, Morgan Stanley reduced their price objective on shares of Hilton Grand Vacations from $46.00 to $38.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Hilton Grand Vacations currently has an average rating of “Hold” and a consensus target price of $44.63.
Check Out Our Latest Research Report on Hilton Grand Vacations
Hilton Grand Vacations Company Profile
Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, manages, and operates the resorts, plans and ancillary reservation services under the Hilton Grand Vacations brand. It operates through Real Estate Sales and Financing, and Resort Operations and Club Management segments. Real Estate Sales and Financing segment market and sells the VOIs, and source VOIs through fee-for-service agreements with third-party developers; and provides consumer financing and services loans.
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