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

Hantz Financial Services Inc. grew its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 14.3% during the fourth quarter, Holdings Channel reports. The fund owned 81,913 shares of the company’s stock after purchasing an additional 10,265 shares during the period. Hantz Financial Services Inc.’s holdings in Hilton Grand Vacations were worth $3,191,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Reston Wealth Management LLC purchased a new stake in Hilton Grand Vacations in the third quarter worth $25,000. Blue Trust Inc. boosted its holdings in shares of Hilton Grand Vacations by 141.7% during the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock valued at $36,000 after buying an additional 588 shares in the last quarter. KBC Group NV grew its position in shares of Hilton Grand Vacations by 41.2% in the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after buying an additional 889 shares during the period. Crossmark Global Holdings Inc. bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $204,000. Finally, Wittenberg Investment Management Inc. purchased a new position in Hilton Grand Vacations during the 3rd quarter valued at about $345,000. Institutional investors own 97.23% of the company’s stock.

Insider Activity at Hilton Grand Vacations

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

Hilton Grand Vacations Price Performance

Shares of NYSE:HGV opened at $42.28 on Friday. The business has a 50-day simple moving average of $40.29 and a two-hundred day simple moving average of $39.12. 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 firm has a market cap of $4.16 billion, a price-to-earnings ratio of 48.05, a price-to-earnings-growth ratio of 2.12 and a beta of 1.86. Hilton Grand Vacations Inc. has a fifty-two week low of $33.21 and a fifty-two week high of $49.02.

Hilton Grand Vacations (NYSE:HGV) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.03). The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same quarter last year, the company earned $0.98 EPS. On average, analysts expect that Hilton Grand Vacations Inc. will post 3.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Barclays restated 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. JMP Securities cut their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research note on Wednesday, December 18th. Morgan Stanley assumed coverage on Hilton Grand Vacations in a research note on Monday, January 6th. They set an “overweight” rating and a $47.00 price objective for the company. Truist Financial cut their target price 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. Finally, The Goldman Sachs Group lifted their price target on Hilton Grand Vacations from $33.00 to $37.00 and gave the stock a “sell” rating in a research report on Tuesday, December 10th. One equities research 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 MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $44.00.

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.