Hilton Grand Vacations Inc. (NYSE:HGV) Position Reduced by Securian Asset Management Inc.

Securian Asset Management Inc. trimmed its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 5.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,690 shares of the company’s stock after selling 282 shares during the quarter. Securian Asset Management Inc.’s holdings in Hilton Grand Vacations were worth $183,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. KBC Group NV boosted its stake in Hilton Grand Vacations by 41.2% during the 4th quarter. KBC Group NV now owns 3,046 shares of the company’s stock valued at $119,000 after acquiring an additional 889 shares during the last quarter. Aigen Investment Management LP bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $200,000. Crossmark Global Holdings Inc. bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $204,000. FourThought Financial Partners LLC bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $232,000. Finally, Inceptionr LLC bought a new position in shares of Hilton Grand Vacations in the 4th quarter worth about $266,000. 97.23% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HGV shares. JMP Securities reduced their price target on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a research report on Wednesday, December 18th. Barclays raised 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 report on Friday, February 28th. Mizuho raised their price target on shares of Hilton Grand Vacations from $55.00 to $60.00 and gave the stock an “outperform” rating in a research report on Friday, February 28th. Truist Financial raised their price target on shares of Hilton Grand Vacations from $51.00 to $63.00 and gave the stock a “buy” rating in a research report on Friday, March 7th. Finally, Morgan Stanley assumed coverage on shares of Hilton Grand Vacations in a research report on Monday, January 6th. They issued an “overweight” rating and a $47.00 price objective on the stock. 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $47.25.

Hilton Grand Vacations Trading Down 1.7 %

Shares of NYSE:HGV opened at $36.18 on Wednesday. The company has a market cap of $3.45 billion, a PE ratio of 41.11, a P/E/G ratio of 2.20 and a beta of 1.84. The company’s 50-day moving average price is $40.36 and its 200 day moving average price is $39.36. Hilton Grand Vacations Inc. has a fifty-two week low of $33.21 and a fifty-two week high of $47.81. 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 (NYSE:HGV) last released its earnings results on Thursday, February 27th. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.40). The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.28 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Sell-side analysts anticipate that Hilton Grand Vacations Inc. will post 3.39 earnings per share for the current year.

Hilton Grand Vacations 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.