162 hedge funds buy Hilton Grand Vacations Inc. (HGV) for the first …

Hilton Grand Vacations Inc. (NYSE:HGV) has made a 46.95% comeback from a 12-month low price of £24.6. It was seen -2.53% lower, changing the price to £36.15, when the closing bell rang on July 13, 2017. At recent session, the prices were hovering between £35.62 and £37.28.

This company shares are 14.22% off its target price of £41.29 and the current market capitalization stands at £3.57B. The recent change has given its price a 0.88% lead over SMA 50 and -4.18% deficit over its 52-week high. The stock witnessed 0.22% gains, 13.75% gains and 41.82% gains for the 1-month, 3-month and 6-month period, respectively.

To measure price-variation, we found HGV’s volatility during a week at 2.43% and during a month it has been found around 2.25%.

Hilton Grand Vacations Inc. (HGV) Top Holders

Institutional investors currently hold around £3.51 billion or 85.8% in HGV stock. Look at its top three institutional owners. Hna Tourism Group Co., Ltd. owns £917.98 million in Hilton Grand Vacations Inc., which represents roughly 25.71% of the company’s market cap and approximately 26.19% of the institutional ownership.

Similar statistics are true for the second largest owner, Blackstone Group L.P., which owns 15,008,689 shares of the stock are valued at £556.67 million. The third largest holder is Jpmorgan Chase & Co, which currently holds £183.15 million worth of this stock and that ownership represents nearly 5.13% of its market capitalization.

Hilton Grand Vacations Inc.

13F Filings

At the end of Mar reporting period, 179 institutional holders increased their position in Hilton Grand Vacations Inc. (NYSE:HGV) by some 90,537,501 shares, 4 decreased positions by 13,692 and 3 held positions by 3,940,609. That puts total institutional holdings at 94,491,802 shares, according to SEC filings.

The stock grabbed 162 new institutional investments totaling 78,660,711 shares while 1 institutional investors sold out their entire positions totaling 12,957 shares.

Hilton Grand Vacations Inc. (NYSE:HGV) Insider Trades

Multiple company employees have indulged in significant insider trading. Hilton Grand Vacations Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner HLT Holdco III LLC has sold 9,650,000 shares of Hilton Grand Vacations Inc. (HGV) in trading session dated Jun.

20, 2017. These shares are worth £341,610,000 and were traded at £35.4 each.

The SEC filing shows that BLACKSTONE REAL ESTATE PARTNER performed a sale of 9,650,000 shares. The 10% Owner disposed these shares by way of transaction on Jun.

20, 2017. The company’s shares were given away at £35.4 per share worth to an income of some £341,610,000 on account of BLACKSTONE REAL ESTATE PARTNER.

10% Owner, Blackstone Real Estate Associa, sold 9,650,000 common shares of Hilton Grand Vacations Inc. (HGV) in the open market. In a transaction dated Jun.

20, 2017, the shares were put up for sale at an average price of £35.4, raking in a sum of £341,610,000. After this sale, 20,217 common shares of HGV are directly owned by the insider, with total stake valued at £730,845.

In the transaction dated May.

17, 2017, the great number of shares acquired came courtesy thes; Wang Mark D added a total of 28,000 shares at an average price of £36.08, amounting to approximately £1,010,240. The insider now directly owns 315,325 shares worth £11,398,999.

Hilton Grand Vacations Inc. (HGV) Analyst Guide

Several analysts have released their opinion on Hilton Grand Vacations Inc. (NYSE:HGV), with 5 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold.

Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation.

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2 Responses

  1. 162 hedge funds buy Hilton Grand Vacations Inc. (HGV) for the first time https://t.co/1Tk6lR5TgA #road #freight #cargo

  2. RT @truckerworld: 162 hedge funds buy Hilton Grand Vacations Inc. (HGV) for the first time https://t.co/1Tk6lR5TgA #road #freight #cargo

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