Travel + Leisure (NYSE:TNL) Reaches New 52-Week Low at $44.78

Vacation + Leisure Co. (NYSE:TNLGet Ranking) shares attained a new 52-7 days small during trading on Monday . The stock traded as small as $44.78 and final traded at $44.55, with a volume of 226 shares transforming palms. The stock experienced formerly shut at $46.71.

Separately, Jefferies Fiscal Team elevated shares of Journey + Leisure from a “hold” ranking to a “buy” ranking and enhanced their price tag target for the firm from $62.00 to $79.00 in a exploration observe on Friday, April 29th. 5 expenditure analysts have rated the inventory with a buy ranking, Primarily based on info from MarketBeat, the inventory has a consensus score of “Buy” and an common price tag goal of $76.60.

The business has a current market capitalization of $3.72 billion, a PE ratio of 12.36 and a beta of 1.67. The stock’s 50-working day simple going ordinary is $51.57 and its 200-working day very simple relocating typical is $53.78.

Vacation + Leisure (NYSE:TNLGet Score) past introduced its quarterly earnings outcomes on Thursday, April 28th. The firm described $.69 earnings per share for the quarter, missing the consensus estimate of $.72 by ($.03). The organization experienced income of $809.00 million for the quarter, as opposed to analysts’ expectations of $772.11 million. Vacation + Leisure had a web margin of 9.98% and a adverse return on equity of 40.92%. The firm’s revenue was up 28.8% when compared to the exact quarter last 12 months. Through the exact same quarter in the prior 12 months, the business enterprise posted $.39 earnings per share. As a group, analysts assume that Vacation + Leisure Co. will write-up 4.54 EPS for the recent 12 months.

The organization also recently introduced a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be presented a dividend of $.40 for each share. This represents a $1.60 dividend on an annualized foundation and a dividend yield of 3.67%. The ex-dividend day of this dividend is Tuesday, June 14th. Journey + Leisure’s payout ratio is 42.33%.

In other Travel + Leisure news, Director George Herrera bought 2,189 shares of the business’s stock in a transaction on Friday, March 18th. The shares were offered at an common price of $58.50, for a overall transaction of $128,056.50. The sale was disclosed in a filing with the SEC, which is out there by means of the SEC web-site. Also, insider James J. Savina sold 5,500 shares of the company’s inventory in a transaction on Friday, April 29th. The stock was marketed at an typical value of $57.19, for a whole transaction of $314,545.00. Next the completion of the transaction, the insider now straight owns 13,659 shares in the company, valued at $781,158.21. The disclosure for this sale can be discovered here. 2.07% of the stock is presently owned by corporate insiders.

A amount of hedge money have not long ago manufactured variations to their positions in TNL. Counterpoint Mutual Resources LLC acquired a new posture in Journey + Leisure in the first quarter valued at about $25,000. Cash Analysts LLC boosted its stake in Journey + Leisure by 80.2% in the fourth quarter. Capital Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 after attaining an extra 210 shares during the previous quarter. Carroll Monetary Associates Inc. bought a new placement in Journey + Leisure in the fourth quarter valued at approximately $27,000. Prospera Money Services Inc purchased a new placement in shares of Journey + Leisure throughout the initial quarter truly worth $29,000. Lastly, Meeder Asset Administration Inc. bought a new place in shares of Vacation + Leisure during the initial quarter really worth $29,000. 87.70% of the inventory is presently owned by hedge funds and other institutional investors.

About Vacation + Leisure (NYSE:TNL)

Journey + Leisure Co, with each other with its subsidiaries, presents hospitality expert services and goods in the United States and internationally. The business operates in two segments, Trip Possession and Journey and Membership. The Vacation Possession section develops, markets, and sells holiday vacation possession interests (VOIs) to individual individuals delivers consumer financing in connection with the sale of VOIs and presents residence administration solutions at resorts.

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