Stanley Laman Group Ltd. Buys Shares of 27,572 Hilton Grand Vacations Inc (HGV)

Stanley Laman Group Ltd. bought a new position in Hilton Grand Vacations Inc (NYSE:HGV) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 27,572 shares of the company’s stock, valued at approximately $728,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gateway Investment Advisers LLC raised its position in shares of Hilton Grand Vacations by 0.3% during the 4th quarter. Gateway Investment Advisers LLC now owns 117,909 shares of the company’s stock valued at $3,112,000 after buying an additional 365 shares in the last quarter. Legal & General Group Plc raised its position in shares of Hilton Grand Vacations by 0.8% during the 3rd quarter. Legal & General Group Plc now owns 47,212 shares of the company’s stock valued at $1,563,000 after buying an additional 390 shares in the last quarter. BB&T Securities LLC raised its position in shares of Hilton Grand Vacations by 4.2% during the 4th quarter. BB&T Securities LLC now owns 13,142 shares of the company’s stock valued at $346,000 after buying an additional 534 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Hilton Grand Vacations by 10.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,552 shares of the company’s stock valued at $173,000 after buying an additional 639 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System raised its position in shares of Hilton Grand Vacations by 1.7% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 92,234 shares of the company’s stock valued at $2,434,000 after buying an additional 1,506 shares in the last quarter. Institutional investors and hedge funds own 93.97% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine upgraded shares of Hilton Grand Vacations from a “sell” rating to a “hold” rating in a research report on Tuesday, November 27th. Goldman Sachs Group lowered their price objective on shares of Hilton Grand Vacations to $39.00 and set a “buy” rating on the stock in a research report on Tuesday, November 27th. JPMorgan Chase & Co. lowered their price objective on shares of Hilton Grand Vacations from $47.00 to $39.00 and set a “buy” rating on the stock in a research report on Friday, November 2nd. Finally, Macquarie upgraded shares of Hilton Grand Vacations from a “neutral” rating to an “outperform” rating in a research report on Thursday, November 15th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $40.50.

In other Hilton Grand Vacations news, Director David William Johnson bought 7,000 shares of Hilton Grand Vacations stock in a transaction that occurred on Monday, December 10th. The shares were bought at an average price of $28.54 per share, with a total value of $199,780.00. Following the acquisition, the director now owns 43,135 shares in the company, valued at $1,231,072.90. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.72% of the stock is currently owned by company insiders.

HGV stock opened at $31.60 on Tuesday. The company has a debt-to-equity ratio of 2.38, a quick ratio of 3.35 and a current ratio of 4.69. 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 cap of $3.06 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 2.24 and a beta of 1.69.

COPYRIGHT VIOLATION WARNING: “Stanley Laman Group Ltd. Buys Shares of 27,572 Hilton Grand Vacations Inc (HGV)” was posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another publication, it was copied illegally and republished in violation of United States and international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2019/02/19/stanley-laman-group-ltd-buys-shares-of-27572-hilton-grand-vacations-inc-hgv.html.

Hilton Grand Vacations 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: How does a reverse stock split work?

Want to see what other hedge funds are holding HGV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Grand Vacations Inc (NYSE:HGV).

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

Receive News & Ratings for Hilton Grand Vacations Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Grand Vacations and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply