Hilton Grand Vacations Inc (NYSE: HGV) is 18.84% higher on its value in year-to-date trading and has touched a low of $33.13 and a high of $49.02 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HGV stock was last observed hovering at around $47.40 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $47.75, the stock is 4.82% and 8.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 0.74% at the moment leaves the stock 13.74% off its SMA200. HGV registered 13.29% gain for a year compared to 6-month gain of 21.87%. The firm has a 50-day simple moving average (SMA 50) of $2.26 and a 200-day simple moving average (SMA200) of $10.72.
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The stock witnessed a -1.02% loss in the last 1 month and extending the period to 3 months gives it a 14.76%, and is 3.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.12% over the week and 3.27% over the month.
Hilton Grand Vacations Inc (HGV) has around 15000 employees, a market worth around $4.99B and $3.98B in sales. Current P/E ratio is 17.04 and Fwd P/E is 9.71. Profit margin for the company is 7.87%. Distance from 52-week low is 44.11% and -2.59% from its 52-week high. The company has generated returns on investments over the last 12 months (4.68%).
Hilton Grand Vacations Inc quarterly earnings per share for the current quarter are estimated at $0.7 with sales reaching $1.11B over the same period.The EPS is expected to grow by 17.86% this year, but quarterly earnings will post 22.80% year-over-year. Quarterly sales are estimated to grow 19.10% in year-over-year returns.
332 institutions hold shares in Hilton Grand Vacations Inc (HGV), with institutional investors hold 104.73% of the company’s shares. The shares outstanding are 105.96M, and float is at 72.19M with Short Float at 6.90%. Institutions hold 103.29% of the Float.
The top institutional shareholder in the company is Apollo Management Holdings, L.P. with over 30.3 million shares valued at $1.38 billion. The investor’s holdings represent 27.53% of the HGV Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 9.92 million shares valued at $450.91 million to account for 9.02% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 7.78 million shares representing 7.07% and valued at over $353.68 million, while CAS Investment Partners, LLC holds 6.15% of the shares totaling 6.77 million with a market value of $307.58 million.
Hilton Grand Vacations Inc (HGV) Insider Activity
The most recent transaction is an insider sale by Corbin Charles R. Jr., the company’s. SEC filings show that Corbin Charles R. Jr. sold 23,000 shares of the company’s common stock on Mar 12 ’24 at a price of $45.49 per share for a total of $1.05 million. Following the sale, the insider now owns 0.14 million shares.
Hilton Grand Vacations Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Wang Mark D () sold a total of 46,388 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $45.59 per share for $2.11 million. Following the transaction, the insider now directly holds 0.73 million shares of the HGV stock.
Still, SEC filings show that on Mar 06 ’24, Corbin Charles R. Jr. () disposed off 38,557 shares at an average price of $46.18 for $1.78 million. The insider now directly holds 166,997 shares of Hilton Grand Vacations Inc (HGV).
