LSV Asset Administration lowered its place in shares of Journey + Leisure Co. (NYSE:TNL – Get Rating) by 48.1% throughout the 4th quarter, in accordance to the firm in its most new disclosure with the Securities & Exchange Fee. The business owned 171,700 shares of the company’s stock right after promoting 159,000 shares in the course of the interval. LSV Asset Administration owned .20% of Journey + Leisure value $9,490,000 as of its most new SEC submitting.
A number of other institutional traders and hedge cash have also not too long ago included to or diminished their stakes in TNL. Hanson & Doremus Financial investment Administration obtained a new position in shares of Journey + Leisure in the third quarter valued at roughly $27,000. AdvisorNet Economic Inc procured a new stake in Journey + Leisure through the 3rd quarter worth $27,000. Carroll Monetary Associates Inc. bought a new stake in Travel + Leisure all through the fourth quarter worth $27,000. Evolution Wealth Advisors LLC lifted its position in shares of Vacation + Leisure by 140.5% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 606 shares of the company’s stock valued at $33,000 after obtaining an extra 354 shares in the past quarter. Lastly, Darkish Forest Capital Administration LP acquired a new stake in shares of Travel + Leisure in the third quarter valued at $40,000. 87.23% of the inventory is currently owned by institutional investors.
NYSE TNL opened at $56.03 on Friday. The stock’s 50-working day going common is $56.53 and its two-hundred day relocating typical is $55.22. The company has a marketplace cap of $4.80 billion, a P/E ratio of 15.92 and a beta of 1.75. Vacation + Leisure Co. has a fifty-two week lower of $46.10 and a fifty-two week significant of $68.26.
Journey + Leisure (NYSE:TNL – Get Rating) previous released its quarterly earnings facts on Wednesday, February 23rd. The business described $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $.97 by $.22. The enterprise had revenue of $870.00 million for the quarter, when compared to the consensus estimate of $788.19 million. Vacation + Leisure experienced a negative return on equity of 36.08% and a web margin of 9.86%. The company’s quarterly income was up 34.9% on a year-in excess of-calendar year foundation. Through the similar period of time in the preceding 12 months, the organization acquired $.32 earnings for each share. On common, analysts forecast that Journey + Leisure Co. will article 4.48 earnings per share for the current fiscal calendar year.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of report on Tuesday, March 15th were being offered a dividend of $.40 for each share. This is a strengthen from Travel + Leisure’s past quarterly dividend of $.35. The ex-dividend date of this dividend was Monday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 2.86%. Travel + Leisure’s payout ratio is presently 45.45%.
Individually, Zacks Financial investment Study reduced Vacation + Leisure from a “buy” ranking to a “hold” ranking in a study note on Thursday, January 20th. Two equities exploration analysts have rated the stock with a keep score and 4 have provided a purchase rating to the company’s stock. Dependent on knowledge from MarketBeat, the inventory presently has a consensus rating of “Buy” and a consensus cost concentrate on of $71.00.
In other Travel + Leisure news, insider Geoffrey Richards bought 13,000 shares of the stock in a transaction dated Wednesday, February 9th. The shares ended up sold at an normal price tag of $60.47, for a total value of $786,110.00. The transaction was disclosed in a lawful filing with the SEC, which is accessible through this url. Also, Director George Herrera sold 2,189 shares of the firm’s inventory in a transaction that happened on Friday, March 18th. The inventory was marketed at an common price tag of $58.50, for a full transaction of $128,056.50. The disclosure for this sale can be found listed here. 1.93% of the inventory is owned by company insiders.
Journey + Leisure Profile (Get Score)
Vacation + Leisure Co, alongside one another with its subsidiaries, presents hospitality expert services and solutions in the United States and internationally. The organization operates in two segments, Trip Possession and Vacation and Membership. The Trip Possession phase develops, markets, and sells holiday vacation possession interests (VOIs) to personal people gives buyer funding in connection with the sale of VOIs and presents property administration services at resorts.
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