State of Alaska Department of Revenue purchased a new position in shares of Hilton Grand Vacations Inc (NYSE:HGV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,400 shares of the company’s stock, valued at approximately $226,000.
A number of other large investors also recently made changes to their positions in HGV. The Manufacturers Life Insurance Company increased its stake in Hilton Grand Vacations by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,978 shares of the company’s stock valued at $107,000 after purchasing an additional 202 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $125,000. New York State Teachers Retirement System purchased a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $201,000. Teacher Retirement System of Texas purchased a new stake in shares of Hilton Grand Vacations in the third quarter valued at about $236,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Hilton Grand Vacations by 152.7% in the third quarter. Russell Investments Group Ltd. now owns 7,819 shares of the company’s stock valued at $302,000 after acquiring an additional 4,725 shares in the last quarter.
A number of analysts recently commented on HGV shares. ValuEngine raised shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research raised shares of Hilton Grand Vacations from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Wednesday, January 3rd. Finally, Macquarie started coverage on shares of Hilton Grand Vacations in a report on Friday, January 5th. They set a “neutral” rating on the stock. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $42.33.
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Hilton Grand Vacations Company Profile
Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOIs), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The Company operates its business across two segments: Real Estate Sales and Financing, and Resort Operations and Club Management.
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