Winslow Asset Management Inc. Sells 10,483 Shares of Hilton Grand Vacations Inc. (NYSE:HGV)

Winslow Asset Management Inc. trimmed its stake in Hilton Grand Vacations Inc. (NYSE:HGV) by 9.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,559 shares of the company’s stock after selling 10,483 shares during the period. Winslow Asset Management Inc. owned 0.10% of Hilton Grand Vacations worth $3,543,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of HGV. Reston Wealth Management LLC bought a new position in shares of Hilton Grand Vacations in the 3rd quarter worth approximately $25,000. nVerses Capital LLC bought a new stake in shares of Hilton Grand Vacations during the 2nd quarter valued at $32,000. Blue Trust Inc. grew its position in shares of Hilton Grand Vacations by 141.7% in the 3rd quarter. Blue Trust Inc. now owns 1,003 shares of the company’s stock worth $36,000 after buying an additional 588 shares during the period. Canada Pension Plan Investment Board purchased a new position in Hilton Grand Vacations during the 2nd quarter valued at about $93,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in Hilton Grand Vacations during the 2nd quarter valued at about $120,000. Hedge funds and other institutional investors own 97.23% of the company’s stock.

Analyst Upgrades and Downgrades

HGV has been the subject of several recent research reports. The Goldman Sachs Group assumed coverage on shares of Hilton Grand Vacations in a report on Wednesday, September 18th. They set a “sell” rating and a $31.00 target price for the company. JPMorgan Chase & Co. cut Hilton Grand Vacations from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $55.00 to $36.00 in a research note on Friday, August 9th. Jefferies Financial Group cut shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating and dropped their price target for the stock from $55.00 to $35.00 in a research note on Friday, August 9th. Barclays lifted their target price on shares of Hilton Grand Vacations from $40.00 to $44.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Mizuho reduced their price target on shares of Hilton Grand Vacations from $57.00 to $55.00 and set an “outperform” rating for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Hilton Grand Vacations presently has a consensus rating of “Hold” and a consensus target price of $44.00.

Hilton Grand Vacations Stock Down 0.4 %

Shares of Hilton Grand Vacations stock opened at $42.41 on Tuesday. Hilton Grand Vacations Inc. has a twelve month low of $33.16 and a twelve month high of $49.02. The company has a quick ratio of 2.97, a current ratio of 4.36 and a debt-to-equity ratio of 3.32. The company’s 50 day moving average is $37.30 and its 200 day moving average is $39.37. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 48.19, a price-to-earnings-growth ratio of 2.27 and a beta of 1.82.

Hilton Grand Vacations (NYSE:HGV) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.03). The firm 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%. Hilton Grand Vacations’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.98 earnings per share. Research analysts anticipate that Hilton Grand Vacations Inc. will post 3.49 EPS for the current year.

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.