Hantz Financial Services Inc. Purchases 10,265 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Hantz Financial Services Inc. grew its holdings in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 14.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,913 shares of the company’s stock after acquiring an additional 10,265 shares during the quarter. Hantz Financial Services Inc. owned 0.08% of Hilton Grand Vacations worth $3,191,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Franklin Resources Inc. raised its position in Hilton Grand Vacations by 17.8% in the third quarter. Franklin Resources Inc. now owns 3,298,729 shares of the company’s stock valued at $117,402,000 after purchasing an additional 499,067 shares during the last quarter. Barclays PLC lifted its holdings in Hilton Grand Vacations by 330.8% in the third quarter. Barclays PLC now owns 246,131 shares of the company’s stock valued at $8,941,000 after buying an additional 188,997 shares during the period. Barnett & Company Inc. acquired a new position in shares of Hilton Grand Vacations during the third quarter worth approximately $1,190,000. Covey Capital Advisors LLC raised its holdings in Hilton Grand Vacations by 368.8% during the third quarter. Covey Capital Advisors LLC now owns 49,148 shares of the company’s stock worth $1,785,000 after buying an additional 38,664 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Hilton Grand Vacations by 92.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 56,781 shares of the company’s stock worth $2,062,000 after acquiring an additional 27,313 shares during the last quarter. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Hilton Grand Vacations Trading Up 2.0 %

NYSE HGV opened at $42.28 on Friday. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 48.05, a PEG ratio of 2.12 and a beta of 1.86. The stock’s 50-day simple moving average is $40.29 and its two-hundred day simple moving average is $39.12. The company has a quick ratio of 3.08, a current ratio of 4.83 and a debt-to-equity ratio of 3.32. Hilton Grand Vacations Inc. has a twelve month low of $33.21 and a twelve month high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last issued its earnings results on Thursday, November 7th. The company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business earned $0.98 EPS. Hilton Grand Vacations’s revenue for the quarter was up 28.3% compared to the same quarter last year. Research analysts forecast that Hilton Grand Vacations Inc. will post 3.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

HGV has been the subject of a number of analyst reports. StockNews.com raised Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Wednesday, November 27th. Truist Financial dropped their price objective on Hilton Grand Vacations from $52.00 to $51.00 and set a “buy” rating on the stock in a research note on Tuesday, November 26th. Barclays reissued an “equal weight” rating and issued a $41.00 price objective (down previously from $44.00) on shares of Hilton Grand Vacations in a report on Friday, December 13th. Mizuho lowered their target price on shares of Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group upped their price target on Hilton Grand Vacations from $33.00 to $37.00 and gave the company a “sell” rating in a research report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $44.00.

Insider Activity at Hilton Grand Vacations

In other Hilton Grand Vacations news, insider Charles R. Jr. Corbin sold 49,389 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $41.55, for a total value of $2,052,112.95. Following the sale, the insider now owns 88,532 shares of the company’s stock, valued at $3,678,504.60. This trade represents a 35.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Principal Holdings A. Gp Apollo sold 4,000,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $42.10, for a total transaction of $168,400,000.00. Following the transaction, the insider now directly owns 26,295,825 shares of the company’s stock, valued at approximately $1,107,054,232.50. This trade represents a 13.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by company insiders.

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.