Fintel reports that on October 5, 2023, Jefferies maintained coverage of Hilton Grand Vacations (NYSE:HGV) with a Hold recommendation.
Analyst Price Forecast Suggests 49.18% Upside
As of October 5, 2023, the average one-year price target for Hilton Grand Vacations is 58.34. The forecasts range from a low of 49.49 to a high of $78.75. The average price target represents an increase of 49.18% from its latest reported closing price of 39.11.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Hilton Grand Vacations is 4,033MM, an increase of 9.21%. The projected annual non-GAAP EPS is 3.82.
What is the Fund Sentiment?
There are 576 funds or institutions reporting positions in Hilton Grand Vacations. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to HGV is 0.57%, a decrease of 9.63%. Total shares owned by institutions decreased in the last three months by 1.98% to 123,517K shares. 
The put/call ratio of HGV is 0.14, indicating a bullish outlook.
What are Other Shareholders Doing?
Apollo Management Holdings holds 30,296K shares representing 27.53% ownership of the company. No change in the last quarter.
CAS Investment Partners holds 6,769K shares representing 6.15% ownership of the company. In it's prior filing, the firm reported owning 6,869K shares, representing a decrease of 1.49%. The firm decreased its portfolio allocation in HGV by 25.20% over the last quarter.
Hill Path Capital holds 6,510K shares representing 5.92% ownership of the company. No change in the last quarter.
North Peak Capital Management holds 5,524K shares representing 5.02% ownership of the company. In it's prior filing, the firm reported owning 5,865K shares, representing a decrease of 6.16%. The firm decreased its portfolio allocation in HGV by 13.82% over the last quarter.
Alliancebernstein holds 5,486K shares representing 4.99% ownership of the company. In it's prior filing, the firm reported owning 5,623K shares, representing a decrease of 2.50%. The firm decreased its portfolio allocation in HGV by 4.90% over the last quarter.
Hilton Grand Vacations Background Information
(This description is provided by the company.)
Hilton Grand Vacations Inc. is recognized as a leading global timeshare company. With headquarters in Orlando, Florida, Hilton Grand Vacations develops, markets and operates a system of brand-name, high-quality vacation ownership resorts in select vacation destinations. The Company also manages and operates two innovative club membership programs: Hilton Grand Vacations Club® and The Hilton Club®, providing exclusive exchange, leisure travel and reservation services for more than 325,000 club members.
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