Zurcher Kantonalbank Zurich Cantonalbank Acquires 639 Shares of Hilton Grand Vacations Inc (HGV)

Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Hilton Grand Vacations Inc (NYSE:HGV) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,552 shares of the company’s stock after purchasing an additional 639 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Hilton Grand Vacations were worth $173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Poehling Capital Management LLC grew its position in shares of Hilton Grand Vacations by 69.8% during the 3rd quarter. Poehling Capital Management LLC now owns 6,894 shares of the company’s stock valued at $228,000 after purchasing an additional 2,833 shares in the last quarter. Piedmont Investment Advisors Inc. purchased a new position in shares of Hilton Grand Vacations during the 3rd quarter valued at $232,000. First Hawaiian Bank purchased a new position in shares of Hilton Grand Vacations during the 3rd quarter valued at $247,000. Rehmann Capital Advisory Group grew its position in shares of Hilton Grand Vacations by 3,047.0% during the 3rd quarter. Rehmann Capital Advisory Group now owns 8,308 shares of the company’s stock valued at $251,000 after purchasing an additional 8,044 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its position in shares of Hilton Grand Vacations by 69.0% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 12,954 shares of the company’s stock valued at $428,000 after purchasing an additional 5,288 shares in the last quarter. Hedge funds and other institutional investors own 93.97% of the company’s stock.

In related news, Director David William Johnson bought 7,000 shares of the business’s stock in a transaction that occurred on Monday, December 10th. The stock was bought at an average cost of $28.54 per share, for a total transaction of $199,780.00. Following the completion of the transaction, the director now owns 43,135 shares of the company’s stock, valued at $1,231,072.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.72% of the stock is currently owned by insiders.

HGV has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Tuesday, November 27th. Zacks Investment Research lowered shares of Hilton Grand Vacations from a “hold” rating to a “sell” rating in a research report on Wednesday, February 6th. JPMorgan Chase & Co. reduced their price target on shares of Hilton Grand Vacations from $47.00 to $39.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. Goldman Sachs Group reduced their price target on shares of Hilton Grand Vacations to $39.00 and set a “buy” rating for the company in a research report on Tuesday, November 27th. Finally, Macquarie upgraded shares of Hilton Grand Vacations from a “neutral” rating to an “outperform” rating in a research report on Thursday, November 15th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $40.50.

NYSE:HGV traded up $0.54 during midday trading on Wednesday, hitting $31.10. The company had a trading volume of 3,234 shares, compared to its average volume of 1,003,029. Hilton Grand Vacations Inc has a 52-week low of $24.17 and a 52-week high of $47.75. The firm has a market capitalization of $2.86 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 2.13 and a beta of 1.69. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.35 and a current ratio of 4.69.

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Hilton Grand Vacations Company Profile

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.

Read More: What is Net Asset Value (NAV)?

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

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