Hilton Grand Vacations (HGV) Receives a Hold from Barclays

Barclays analyst Brandt Montour maintained a Hold rating on Hilton Grand Vacations yesterday and set a price target of $44.75. The company’s shares closed yesterday at $44.75.

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Montour covers the Consumer Cyclical sector, focusing on stocks such as Caesars Entertainment, MGM Resorts, and PENN Entertainment. According to TipRanks, Montour has an average return of 8.6% and a 52.70% success rate on recommended stocks.

Currently, the analyst consensus on Hilton Grand Vacations is a Moderate Buy with an average price target of $48.16.

Based on Hilton Grand Vacations’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.3 billion and a net profit of $60 million. In comparison, last year the company earned a revenue of $1.31 billion and had a net profit of $154 million

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HGV in relation to earlier this year. Last month, Carlos Hernandez, the SVP & Chief Accounting Officer of HGV sold 2,867.00 shares for a total of $114,651.33.