Prudential Financial Inc. Lowers Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)

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Prudential Financial Inc. lowered its position in shares of Hilton Grand Vacations Inc. (NYSE:HGV – Free Report) by 5.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,870 shares of the company’s stock after selling 430 shares during the period. Prudential [...]

Prudential Financial Inc. lowered its position in shares of Hilton Grand Vacations Inc. ( NYSE:HGV – Free Report ) by 5.

9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,870 shares of the company’s stock after selling 430 shares during the period. Prudential Financial Inc.



’s holdings in Hilton Grand Vacations were worth $268,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently made changes to their positions in HGV. Amalgamated Bank boosted its position in shares of Hilton Grand Vacations by 0.

9% in the 4th quarter. Amalgamated Bank now owns 28,884 shares of the company’s stock worth $1,125,000 after purchasing an additional 263 shares in the last quarter. KBC Group NV boosted its holdings in Hilton Grand Vacations by 41.

2% in the fourth quarter. KBC Group NV now owns 3,046 shares of the company’s stock worth $119,000 after acquiring an additional 889 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Hilton Grand Vacations by 12.

7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,301 shares of the company’s stock worth $752,000 after acquiring an additional 2,170 shares in the last quarter. Aigen Investment Management LP purchased a new stake in shares of Hilton Grand Vacations during the fourth quarter worth about $200,000.

Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Hilton Grand Vacations during the fourth quarter valued at about $204,000. 97.

23% of the stock is currently owned by institutional investors. Analyst Ratings Changes Several research firms have weighed in on HGV. Mizuho boosted their target price 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. StockNews.

com raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a report on Saturday, March 1st. JMP Securities reduced their target price on 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. Morgan Stanley assumed coverage on Hilton Grand Vacations in a research note on Monday, January 6th. They set an “overweight” rating and a $47.

00 price target on the stock. Finally, Barclays raised their price objective on Hilton Grand Vacations from $41.00 to $45.

00 and gave the stock an “equal weight” rating in a research note on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.

com, Hilton Grand Vacations presently has an average rating of “Hold” and an average target price of $47.25. Hilton Grand Vacations Stock Down 7.

0 % Shares of HGV opened at $33.95 on Friday. The company has a market capitalization of $3.

21 billion, a price-to-earnings ratio of 38.57, a PEG ratio of 2.20 and a beta of 1.

68. Hilton Grand Vacations Inc. has a 52 week low of $30.

59 and a 52 week high of $45.48. The stock’s 50-day moving average price is $38.

82 and its 200-day moving average price is $39.24. 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 – Get Free Report ) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $1.28 billion. Hilton Grand Vacations had a return on equity of 16.

44% and a net margin of 2.01%. On average, sell-side analysts predict that Hilton Grand Vacations Inc.

will post 3.39 EPS for the current year. About Hilton Grand Vacations ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding HGV? Visit HoldingsChannel.

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