Vacation + Leisure Co. (NYSE:TNL – Get Score)’s stock rate hit a new 52-week low throughout mid-working day trading on Thursday . The inventory traded as lower as $37.87 and previous traded at $37.87, with a volume of 294 shares traded. The stock experienced previously closed at $39.00.
Separately, Jefferies Monetary Team raised Journey + Leisure from a “hold” score to a “buy” rating and elevated their focus on rate for the inventory from $62.00 to $79.00 in a investigate report on Friday, April 29th. 5 financial investment analysts have rated the stock with a invest in rating, Dependent on details from MarketBeat.com, Vacation + Leisure has an typical ranking of “Buy” and a consensus cost target of $76.60.
The organization has a current market capitalization of $3.56 billion, a PE ratio of 11.03 and a beta of 1.67. The organization has a 50-working day uncomplicated moving ordinary of $49.31 and a 200-working day easy transferring typical of $53.10.
Journey + Leisure (NYSE:TNL – Get Score) previous posted its quarterly earnings details on Thursday, April 28th. The company noted $.69 earnings for each share for the quarter, lacking analysts’ consensus estimates of $.72 by ($.03). Journey + Leisure experienced a web margin of 9.98% and a destructive return on fairness of 40.92%. The enterprise experienced earnings of $809.00 million for the quarter, compared to analysts’ expectations of $772.11 million. During the same interval in the past year, the organization attained $.39 earnings for each share. The firm’s quarterly earnings was up 28.8% on a 12 months-more than-12 months basis. As a team, equities analysts forecast that Vacation + Leisure Co. will article 4.54 earnings for every share for the latest 12 months.
The business also not too long ago disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of document on Wednesday, June 15th will be provided a dividend of $.40 for every share. The ex-dividend date of this dividend is Tuesday, June 14th. This signifies a $1.60 dividend on an annualized basis and a dividend yield of 3.84%. Travel + Leisure’s payout ratio is now 42.33%.
In other news, insider James J. Savina marketed 5,500 shares of Journey + Leisure stock in a transaction dated Friday, April 29th. The inventory was offered at an average rate of $57.19, for a full transaction of $314,545.00. Subsequent the transaction, the insider now specifically owns 13,659 shares of the company’s stock, valued at close to $781,158.21. The transaction was disclosed in a legal submitting with the SEC, which can be accessed through this link. 2.07% of the stock is owned by insiders.
A number of institutional investors and hedge money have lately modified their holdings of TNL. Counterpoint Mutual Funds LLC acquired a new stake in Vacation + Leisure all through the 1st quarter valued at about $25,000. Cash Analysts LLC raised its stake in Journey + Leisure by 80.2% through the 4th quarter. Money Analysts LLC now owns 472 shares of the company’s inventory valued at $26,000 just after purchasing an supplemental 210 shares in the course of the interval. Carroll Money Associates Inc. purchased a new stake in Travel + Leisure through the 4th quarter valued at somewhere around $27,000. Prospera Economical Providers Inc acquired a new stake in Travel + Leisure throughout the 1st quarter valued at approximately $29,000. Lastly, Meeder Asset Administration Inc. purchased a new stake in Journey + Leisure during the 1st quarter valued at roughly $29,000. 87.70% of the inventory is at the moment owned by institutional investors.
Vacation + Leisure Organization Profile (NYSE:TNL)
Vacation + Leisure Co, alongside one another with its subsidiaries, delivers hospitality solutions and products in the United States and internationally. The company operates in two segments, Getaway Ownership and Travel and Membership. The Holiday vacation Ownership phase develops, markets, and sells trip possession passions (VOIs) to individual customers supplies shopper financing in link with the sale of VOIs and offers home administration services at resorts.
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