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HomeMarketResultsHilton Grand Vacations (NYSE:HGV) Downgraded by StockNews.com to "Hold"

Hilton Grand Vacations (NYSE:HGV) Downgraded by StockNews.com to “Hold”


Hilton Grand Holidays (NYSE:HGVGet Rating) was downgraded by analysts at StockNews.com from a “purchase” ranking to a “maintain” ranking in a analysis report issued to purchasers and buyers on Friday.

HGV has been the subject of numerous different studies. Truist Monetary dropped their worth goal on shares of Hilton Grand Holidays from $63.00 to $62.00 and set a “purchase” ranking on the inventory in a report on Tuesday, November fifteenth. TheStreet upgraded shares of Hilton Grand Holidays from a “c+” ranking to a “b-” ranking in a report on Monday, November 14th. Lastly, Barclays raised their worth goal on shares of Hilton Grand Holidays from $49.00 to $50.00 and gave the inventory an “obese” ranking in a report on Thursday, December fifteenth.

Hilton Grand Holidays Buying and selling Up 0.1 %

Shares of NYSE HGV traded up $0.05 throughout noon buying and selling on Friday, reaching $38.54. 396,235 shares of the inventory have been exchanged, in comparison with its common quantity of 687,803. The enterprise has a 50-day easy shifting common of $40.56 and a two-hundred day easy shifting common of $39.51. The corporate has a market capitalization of $4.43 billion, a price-to-earnings ratio of 13.38 and a beta of 1.99. Hilton Grand Holidays has a 12 month low of $32.12 and a 12 month excessive of $55.23. The corporate has a debt-to-equity ratio of 1.75, a present ratio of three.61 and a fast ratio of two.59.

Hilton Grand Holidays (NYSE:HGVGet Rating) final introduced its quarterly earnings outcomes on Wednesday, November ninth. The corporate reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.49. The corporate had income of $1.12 billion for the quarter, in comparison with analysts’ expectations of $906.05 million. Hilton Grand Holidays had a internet margin of 9.48% and a return on fairness of 17.67%. As a bunch, equities analysis analysts count on that Hilton Grand Holidays will put up 3.09 EPS for the present 12 months.

Institutional Buyers Weigh In On Hilton Grand Holidays

Hedge funds and different institutional buyers have not too long ago added to or diminished their stakes within the enterprise. PNC Monetary Providers Group Inc. elevated its stake in Hilton Grand Holidays by 327.3% within the 1st quarter. PNC Monetary Providers Group Inc. now owns 547 shares of the corporate’s inventory valued at $28,000 after shopping for an extra 419 shares over the last quarter. Penserra Capital Administration LLC acquired a brand new stake in Hilton Grand Holidays within the 1st quarter valued at $37,000. Covestor Ltd elevated its stake in Hilton Grand Holidays by 642.2% within the 1st quarter. Covestor Ltd now owns 1,195 shares of the corporate’s inventory valued at $62,000 after shopping for an extra 1,034 shares over the last quarter. Royal Financial institution of Canada elevated its stake in Hilton Grand Holidays by 47.7% within the third quarter. Royal Financial institution of Canada now owns 2,765 shares of the corporate’s inventory valued at $90,000 after shopping for an extra 893 shares over the last quarter. Lastly, Lazard Asset Administration LLC acquired a brand new stake in Hilton Grand Holidays within the third quarter valued at $96,000. 93.66% of the inventory is presently owned by institutional buyers and hedge funds.

Hilton Grand Holidays Firm Profile

(Get Rating)

Hilton Grand Holidays Inc, a timeshare firm, develops, markets, sells, and manages trip possession resorts primarily underneath the Hilton Grand Holidays model. The corporate operates in two segments, Actual Property Gross sales and Financing, and Resort Operations and Membership Administration. It sells trip possession intervals and trip possession pursuits; manages resorts and golf equipment; operates points-based trip golf equipment and resort facilities; and funds and companies loans supplied to customers for his or her timeshare purchases.

Beneficial Tales

This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat to be able to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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