Vacation + Leisure Co. (NYSE:TNL – Get Score) reached a new 52-week reduced all through investing on Thursday . The stock traded as minimal as $37.87 and final traded at $37.87, with a quantity of 294 shares altering arms. The inventory had beforehand closed at $39.00.
Individually, Jefferies Economical Team lifted shares of Vacation + Leisure from a “hold” ranking to a “buy” ranking and upped their cost objective for the firm from $62.00 to $79.00 in a report on Friday, April 29th. Five analysts have rated the stock with a acquire rating, According to MarketBeat.com, Journey + Leisure has a consensus ranking of “Buy” and a consensus cost goal of $76.60.
The business has a 50-day moving regular rate of $49.31 and a two-hundred working day moving common price tag of $53.10. The inventory has a industry capitalization of $3.56 billion, a P/E ratio of 11.03 and a beta of 1.67.
Journey + Leisure (NYSE:TNL – Get Ranking) past introduced its quarterly earnings results on Thursday, April 28th. The enterprise claimed $.69 earnings for every share for the quarter, missing the consensus estimate of $.72 by ($.03). Travel + Leisure had a net margin of 9.98% and a damaging return on equity of 40.92%. The business had earnings of $809.00 million for the quarter, when compared to the consensus estimate of $772.11 million. For the duration of the exact quarter in the prior yr, the business acquired $.39 earnings for each share. The company’s quarterly profits was up 28.8% on a yr-more than-calendar year foundation. On average, analysts predict that Travel + Leisure Co. will article 4.54 earnings per share for the current year.
The small business also not too long ago declared a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of file on Wednesday, June 15th will be specified a dividend of $.40 per share. This signifies a $1.60 annualized dividend and a dividend yield of 3.84%. The ex-dividend day of this dividend is Tuesday, June 14th. Vacation + Leisure’s dividend payout ratio is presently 42.33%.
In other information, insider James J. Savina offered 5,500 shares of the company’s inventory in a transaction dated Friday, April 29th. The stock was marketed at an regular price of $57.19, for a total transaction of $314,545.00. Adhering to the sale, the insider now immediately owns 13,659 shares in the corporation, valued at $781,158.21. The sale was disclosed in a document submitted with the SEC, which is accessible at this link. Corporate insiders individual 2.07% of the company’s stock.
Numerous hedge resources have a short while ago bought and marketed shares of TNL. Dark Forest Capital Administration LP bought a new position in shares of Journey + Leisure in the third quarter well worth roughly $40,000. Morgan Stanley enhanced its placement in shares of Travel + Leisure by 10.8% in the third quarter. Morgan Stanley now owns 396,018 shares of the company’s inventory truly worth $21,594,000 immediately after paying for an added 38,741 shares during the past quarter. LPL Financial LLC enhanced its posture in shares of Vacation + Leisure by 18.% in the third quarter. LPL Fiscal LLC now owns 42,740 shares of the company’s inventory value $2,331,000 following purchasing an additional 6,518 shares all through the last quarter. Two Sigma Advisers LP improved its posture in shares of Journey + Leisure by 81.9% in the third quarter. Two Sigma Advisers LP now owns 21,100 shares of the company’s stock worthy of $1,151,000 right after obtaining an supplemental 9,500 shares for the duration of the very last quarter. Last but not least, Squarepoint Ops LLC acquired a new posture in shares of Journey + Leisure in the third quarter value around $2,779,000. Institutional traders possess 87.70% of the company’s inventory.
Travel + Leisure Firm Profile (NYSE:TNL)
Travel + Leisure Co, alongside one another with its subsidiaries, gives hospitality services and solutions in the United States and internationally. The company operates in two segments, Vacation Possession and Vacation and Membership. The Trip Ownership phase develops, markets, and sells trip ownership interests (VOIs) to personal consumers provides shopper financing in link with the sale of VOIs and delivers property management products and services at resorts.
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