Hilton Grand Vacations Inc. (NYSE:HGV) Shares Sold by Moody Aldrich Partners LLC

Moody Aldrich Partners LLC reduced its stake in shares of Hilton Grand Vacations Inc. (NYSE:HGV) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,249 shares of the company’s stock after selling 1,887 shares during the period. Moody Aldrich Partners LLC’s holdings in Hilton Grand Vacations were worth $2,580,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Reston Wealth Management LLC acquired a new position in Hilton Grand Vacations in the 3rd quarter valued at $25,000. Blue Trust Inc. raised its holdings in Hilton Grand Vacations by 141.7% in the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock valued at $36,000 after acquiring an additional 588 shares during the last quarter. KBC Group NV raised its holdings in Hilton Grand Vacations by 41.2% in 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. Crossmark Global Holdings Inc. acquired a new position in Hilton Grand Vacations in the 4th quarter valued at $204,000. Finally, Wittenberg Investment Management Inc. acquired a new position in Hilton Grand Vacations in the 3rd quarter valued at $345,000. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HGV has been the subject of several research reports. JMP Securities lowered their price objective on shares of Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating for the company in a research note on Wednesday, December 18th. Barclays reissued an “equal weight” rating and set a $41.00 price objective (down from $44.00) on shares of Hilton Grand Vacations in a research note on Friday, December 13th. StockNews.com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group boosted their price objective on shares of Hilton Grand Vacations from $33.00 to $37.00 and gave the company a “sell” rating in a research note on Tuesday, December 10th. Finally, Morgan Stanley initiated coverage on shares of 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. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $44.00.

Hilton Grand Vacations Stock Up 0.2 %

Shares of Hilton Grand Vacations stock opened at $42.06 on Wednesday. The company has a fifty day moving average price of $40.28 and a 200 day moving average price of $39.11. The company has a current ratio of 4.83, a quick ratio of 3.08 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. The stock has a market cap of $4.14 billion, a price-to-earnings ratio of 47.80, a price-to-earnings-growth ratio of 2.12 and a beta of 1.86.

Hilton Grand Vacations (NYSE:HGV) last announced its quarterly earnings results 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 business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Hilton Grand Vacations had a return on equity of 16.44% and a net margin of 2.01%. The firm’s revenue for the quarter was up 28.3% on a year-over-year basis. During the same period last year, the company posted $0.98 earnings per share. Equities research analysts forecast that Hilton Grand Vacations Inc. will post 3.44 earnings per share for the current fiscal year.

Insider Buying and Selling at Hilton Grand Vacations

In other news, 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 value of $168,400,000.00. Following the sale, the insider now owns 26,295,825 shares in the company, valued at approximately $1,107,054,232.50. This represents a 13.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Charles R. Jr. Corbin sold 49,389 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider now owns 88,532 shares in the company, valued at approximately $3,678,504.60. This trade represents a 35.81 % decrease in their position. The disclosure for this sale can be found here. 2.30% of the stock is currently owned by corporate 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.