Hilton Grand Vacations Inc (NYSE:HGV) 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 value of $55,520.00. Following the transaction, the insider now directly owns 53,547 shares in the company, valued at $1,486,464.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Hilton Grand Vacations stock traded down $0.10 during mid-day trading on Friday, reaching $28.84. 6,002 shares of the stock traded hands, compared to its average volume of 1,639,642. The stock has a market cap of $2.61 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 1.18 and a beta of 1.83. The company has a debt-to-equity ratio of 2.78, a quick ratio of 3.77 and a current ratio of 5.12. Hilton Grand Vacations Inc has a 12-month low of $24.17 and a 12-month high of $39.20.
Hilton Grand Vacations (NYSE:HGV) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.05). The firm had revenue of $450.00 million for the quarter, compared to analysts’ expectations of $455.20 million. Hilton Grand Vacations had a net margin of 15.51% and a return on equity of 56.92%. The firm’s revenue was up 22.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.30 EPS. As a group, sell-side analysts predict that Hilton Grand Vacations Inc will post 2.7 EPS for the current fiscal year.
Institutional investors have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Hilton Grand Vacations by 10.8% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock valued at $173,000 after purchasing an additional 639 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Hilton Grand Vacations by 48.2% in the 4th quarter. SG Americas Securities LLC now owns 75,448 shares of the company’s stock worth $1,991,000 after buying an additional 24,531 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its holdings in Hilton Grand Vacations by 1.7% in the 4th quarter. State Board of Administration of Florida Retirement System now owns 92,234 shares of the company’s stock worth $2,434,000 after buying an additional 1,506 shares in the last quarter. BB&T Securities LLC lifted its holdings in Hilton Grand Vacations by 4.2% in the 4th quarter. BB&T Securities LLC now owns 13,142 shares of the company’s stock worth $346,000 after buying an additional 534 shares in the last quarter. Finally, Stanley Laman Group Ltd. acquired a new position in Hilton Grand Vacations in the 4th quarter worth $728,000.
A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded Hilton Grand Vacations from a “hold” rating to a “sell” rating in a report on Thursday. TheStreet downgraded Hilton Grand Vacations from a “b-” rating to a “c” rating in a report on Tuesday, May 7th. JPMorgan Chase & Co. downgraded Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and set a $30.00 price target on the stock. in a report on Friday, May 3rd. Credit Suisse Group reaffirmed an “outperform” rating and set a $37.00 price target on shares of Hilton Grand Vacations in a report on Wednesday, March 20th. Finally, SunTrust Banks upped their price target on Hilton Grand Vacations to $51.00 and gave the company a “buy” rating in a report on Friday, March 1st. They noted that the move was a valuation call. Two 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. The company currently has a consensus rating of “Hold” and a consensus target price of $37.33.
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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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