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

Moody Aldrich Partners LLC cut its holdings in Hilton Grand Vacations Inc. (NYSE:HGV) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,249 shares of the company’s stock after selling 1,887 shares during the period. Moody Aldrich Partners LLC owned about 0.07% of Hilton Grand Vacations worth $2,580,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of HGV. Algert Global LLC increased its position in shares of Hilton Grand Vacations by 123.6% during the second quarter. Algert Global LLC now owns 56,336 shares of the company’s stock worth $2,278,000 after purchasing an additional 31,136 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Hilton Grand Vacations by 280.9% during the third quarter. SG Americas Securities LLC now owns 31,736 shares of the company’s stock worth $1,153,000 after purchasing an additional 23,405 shares in the last quarter. Handelsbanken Fonder AB increased its position in shares of Hilton Grand Vacations by 51.2% during the third quarter. Handelsbanken Fonder AB now owns 25,409 shares of the company’s stock worth $923,000 after purchasing an additional 8,600 shares in the last quarter. Creative Planning increased its position in shares of Hilton Grand Vacations by 17.1% during the third quarter. Creative Planning now owns 15,381 shares of the company’s stock worth $559,000 after purchasing an additional 2,245 shares in the last quarter. Finally, Blue Trust Inc. increased its position in shares of Hilton Grand Vacations by 141.7% during the third quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock worth $36,000 after purchasing an additional 588 shares in the last quarter. 97.23% of the stock is currently owned by institutional investors and hedge funds.

Hilton Grand Vacations Price Performance

Shares of HGV opened at $42.06 on Wednesday. Hilton Grand Vacations Inc. has a twelve month low of $33.21 and a twelve month high of $49.02. The stock’s 50 day moving average is $40.28 and its two-hundred day moving average is $39.11. The firm has a market capitalization of $4.14 billion, a PE ratio of 47.80, a P/E/G ratio of 2.12 and a beta of 1.86. 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 (NYSE:HGV) last announced 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 business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Hilton Grand Vacations had a net margin of 2.01% and a return on equity of 16.44%. Hilton Grand Vacations’s revenue for the quarter was up 28.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.98 EPS. Research analysts anticipate that Hilton Grand Vacations Inc. will post 3.44 earnings per share for the current year.

Insider Transactions at Hilton Grand Vacations

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Barclays reiterated an “equal weight” rating and set a $41.00 target price (down previously from $44.00) on shares of Hilton Grand Vacations in a research report on Friday, December 13th. StockNews.com raised Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Wednesday, November 27th. JMP Securities lowered their price target on Hilton Grand Vacations from $55.00 to $50.00 and set a “market outperform” rating on the stock in a report on Wednesday, December 18th. Mizuho lowered their price target on Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. Finally, Morgan Stanley initiated coverage on Hilton Grand Vacations in a report on Monday, January 6th. They set an “overweight” rating and a $47.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $44.00.

About Hilton Grand Vacations

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.