Fieldpoint Private Securities LLC grew its holdings in Travel + Leisure Co. (NYSE:TNL – Get Rating) by 768.8% in the to start with quarter, in accordance to the corporation in its most recent Type 13F filing with the SEC. The organization owned 695 shares of the company’s inventory after getting an extra 615 shares during the quarter. Fieldpoint Personal Securities LLC’s holdings in Vacation + Leisure were really worth $40,000 as of its most the latest SEC filing.
Other institutional traders have also manufactured changes to their positions in the enterprise. Cash Analysts LLC boosted its posture in shares of Travel + Leisure by 80.2% in the fourth quarter. Money Analysts LLC now owns 472 shares of the company’s inventory valued at $26,000 right after obtaining an more 210 shares throughout the period. Carroll Economic Associates Inc. purchased a new stake in shares of Travel + Leisure in the fourth quarter valued at about $27,000. Quent Capital LLC bought a new stake in shares of Vacation + Leisure in the fourth quarter valued at about $36,000. Darkish Forest Funds Administration LP purchased a new stake in shares of Journey + Leisure in the third quarter valued at about $40,000. Ultimately, Parkside Money Financial institution & Have faith in lifted its placement in Travel + Leisure by 101.3% during the fourth quarter. Parkside Financial Bank & Belief now owns 777 shares of the company’s stock worth $43,000 soon after paying for an more 391 shares all through the time period. 87.70% of the inventory is owned by institutional traders.
In other information, 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 regular rate of $57.19, for a overall benefit of $314,545.00. Subsequent 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 accessible as a result of this link. Company insiders possess 2.07% of the company’s inventory.
Shares of NYSE TNL opened at $39.00 on Thursday. The firm has a sector cap of $3.33 billion, a cost-to-earnings ratio of 10.32 and a beta of 1.67. Travel + Leisure Co. has a 12 month lower of $38.66 and a 12 month superior of $63.19. The stock has a 50-day moving normal price tag of $49.82 and a two-hundred working day transferring ordinary cost of $53.25.
Journey + Leisure (NYSE:TNL – Get Ranking) very last issued its earnings success on Thursday, April 28th. The corporation noted $.69 EPS for the quarter, missing the consensus estimate of $.72 by ($.03). The organization had earnings of $809.00 million for the quarter, compared to analyst estimates of $772.11 million. Vacation + Leisure had a damaging return on fairness of 40.92% and a net margin of 9.98%. The firm’s income was up 28.8% in contrast to the similar quarter final year. All through the exact same time period in the earlier calendar year, the firm posted $.39 EPS. As a team, equities study analysts forecast that Journey + Leisure Co. will post 4.54 EPS for the current year.
The business also not long ago disclosed a quarterly dividend, which will be compensated on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be paid a $.40 dividend. This signifies a $1.60 annualized dividend and a dividend produce of 4.10%. The ex-dividend date is Tuesday, June 14th. Vacation + Leisure’s dividend payout ratio is now 42.33%.
Separately, Jefferies Economic Group lifted shares of Vacation + Leisure from a “hold” rating to a “buy” ranking and upped their cost objective for the stock from $62.00 to $79.00 in a research report on Friday, April 29th. Five research analysts have rated the inventory with a buy rating, Primarily based on knowledge from MarketBeat.com, Travel + Leisure at the moment has an typical score of “Buy” and a consensus rate goal of $76.60.
About Journey + Leisure (Get Score)
Travel + Leisure Co, jointly with its subsidiaries, offers hospitality solutions and products in the United States and internationally. The enterprise operates in two segments, Holiday Possession and Travel and Membership. The Holiday vacation Possession segment develops, marketplaces, and sells trip possession passions (VOIs) to personal people supplies buyer financing in connection with the sale of VOIs and offers residence management providers at resorts.
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