Fieldpoint Personal Securities LLC grew its holdings in Travel + Leisure Co. (NYSE:TNL – Get Rating) by 768.8% in the very first quarter, according to the corporation in its most modern Type 13F submitting with the SEC. The firm owned 695 shares of the company’s stock soon after buying an extra 615 shares for the duration of the quarter. Fieldpoint Private Securities LLC’s holdings in Vacation + Leisure have been worthy of $40,000 as of its most current SEC submitting.
Other institutional traders have also built alterations to their positions in the business. Funds Analysts LLC boosted its place in shares of Vacation + Leisure by 80.2% in the fourth quarter. Money Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 soon after acquiring an further 210 shares during the period of time. Carroll Economical Associates Inc. acquired a new stake in shares of Journey + Leisure in the fourth quarter valued at about $27,000. Quent Funds LLC acquired a new stake in shares of Journey + Leisure in the fourth quarter valued at about $36,000. Darkish Forest Cash Administration LP purchased a new stake in shares of Vacation + Leisure in the third quarter valued at about $40,000. Ultimately, Parkside Economic Lender & Belief lifted its posture in Vacation + Leisure by 101.3% through the fourth quarter. Parkside Economic Lender & Have confidence in now owns 777 shares of the company’s stock truly worth $43,000 right after obtaining an supplemental 391 shares throughout the period. 87.70% of the inventory is owned by institutional investors.
In other news, insider James J. Savina bought 5,500 shares of the company’s stock in a transaction that happened on Friday, April 29th. The stock was sold at an typical cost of $57.19, for a total benefit of $314,545.00. Pursuing the completion of the transaction, the insider now owns 13,659 shares of the company’s stock, valued at $781,158.21. The transaction was disclosed in a lawful submitting with the Securities & Exchange Commission, which is available via this backlink. Company insiders own 2.07% of the company’s inventory.
Shares of NYSE TNL opened at $39.00 on Thursday. The company has a current market cap of $3.33 billion, a price tag-to-earnings ratio of 10.32 and a beta of 1.67. Journey + Leisure Co. has a 12 month minimal of $38.66 and a 12 month substantial of $63.19. The inventory has a 50-day going typical price tag of $49.82 and a two-hundred working day shifting ordinary value of $53.25.
Journey + Leisure (NYSE:TNL – Get Ranking) past issued its earnings results on Thursday, April 28th. The corporation noted $.69 EPS for the quarter, missing the consensus estimate of $.72 by ($.03). The company had revenue of $809.00 million for the quarter, as opposed to analyst estimates of $772.11 million. Vacation + Leisure experienced a damaging return on equity of 40.92% and a web margin of 9.98%. The firm’s profits was up 28.8% when compared to the exact quarter final 12 months. All through the very same interval in the former calendar year, the company posted $.39 EPS. As a team, equities analysis analysts forecast that Journey + Leisure Co. will write-up 4.54 EPS for the recent 12 months.
The company also a short while ago disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of file on Wednesday, June 15th will be compensated a $.40 dividend. This represents a $1.60 annualized dividend and a dividend generate of 4.10%. The ex-dividend day is Tuesday, June 14th. Vacation + Leisure’s dividend payout ratio is at this time 42.33%.
Separately, Jefferies Money Team lifted shares of Travel + Leisure from a “hold” rating to a “buy” score and upped their cost goal for the stock from $62.00 to $79.00 in a investigation report on Friday, April 29th. 5 study analysts have rated the inventory with a purchase score, Based on data from MarketBeat.com, Travel + Leisure presently has an typical rating of “Buy” and a consensus price tag target of $76.60.
About Travel + Leisure (Get Rating)
Vacation + Leisure Co, collectively with its subsidiaries, offers hospitality services and goods in the United States and internationally. The corporation operates in two segments, Holiday Ownership and Travel and Membership. The Getaway Ownership phase develops, marketplaces, and sells holiday vacation possession interests (VOIs) to person buyers presents client funding in link with the sale of VOIs and offers home management products and services at resorts.
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