Hilton Grand Vacations Inc (HGV) Stake Decreased by Keybank National Association OH

Keybank National Association OH lowered its position in Hilton Grand Vacations Inc (NYSE:HGV) by 40.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,336 shares of the company’s stock after selling 7,702 shares during the quarter. Keybank National Association OH’s holdings in Hilton Grand Vacations were worth $299,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Putnam Investments LLC purchased a new position in Hilton Grand Vacations in the 3rd quarter worth about $2,325,000. Dimensional Fund Advisors LP increased its stake in Hilton Grand Vacations by 10.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 751,159 shares of the company’s stock worth $24,863,000 after buying an additional 72,384 shares during the period. Prudential Financial Inc. increased its stake in Hilton Grand Vacations by 482.7% in the 3rd quarter. Prudential Financial Inc. now owns 1,238,570 shares of the company’s stock worth $40,996,000 after buying an additional 1,025,995 shares during the period. BlackRock Inc. increased its stake in Hilton Grand Vacations by 1.8% in the 3rd quarter. BlackRock Inc. now owns 4,110,260 shares of the company’s stock worth $136,048,000 after buying an additional 72,417 shares during the period. Finally, Capital International Investors purchased a new position in Hilton Grand Vacations in the 3rd quarter worth about $34,378,000. 93.97% of the stock is currently owned by institutional investors and hedge funds.

NYSE HGV opened at $30.56 on Wednesday. The company has a current ratio of 4.69, a quick ratio of 3.35 and a debt-to-equity ratio of 2.38. The stock has a market cap of $2.86 billion, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 2.13 and a beta of 1.69. Hilton Grand Vacations Inc has a one year low of $24.17 and a one year high of $47.75.

HGV has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their price target on shares of Hilton Grand Vacations from $47.00 to $39.00 and set a “buy” rating on the stock in a research note on Friday, November 2nd. Macquarie raised shares of Hilton Grand Vacations from a “neutral” rating to an “outperform” rating in a research note on Thursday, November 15th. Goldman Sachs Group reduced their price target on shares of Hilton Grand Vacations to $39.00 and set a “buy” rating on the stock in a research note on Tuesday, November 27th. ValuEngine raised shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research note on Tuesday, November 27th. Finally, Zacks Investment Research downgraded shares of Hilton Grand Vacations from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $40.50.

In other Hilton Grand Vacations news, Director David William Johnson bought 7,000 shares of the business’s stock in a transaction on Monday, December 10th. The shares were acquired at an average price of $28.54 per share, with a total value of $199,780.00. Following the transaction, the director now owns 43,135 shares of the company’s stock, valued at approximately $1,231,072.90. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.72% of the company’s stock.

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About Hilton Grand Vacations

Hilton Grand Vacations Inc, a timeshare company, develops, markets, sells, and manages timeshare resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate Sales and Financing; and Resort Operations and Club Management. It sells vacation ownership intervals; manages resorts; operates a points-based vacation club; and finances and services loans provided to consumers for their timeshare purchases.

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Institutional Ownership by Quarter for Hilton Grand Vacations (NYSE:HGV)

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