Vacation + Leisure Co. (NYSE:TNL – Get Ranking) shares achieved a new 52-week reduced in the course of buying and selling on Monday . The stock traded as low as $44.78 and last traded at $44.55, with a quantity of 226 shares modifying fingers. The stock had beforehand closed at $46.71.
Independently, Jefferies Fiscal Group lifted shares of Travel + Leisure from a “hold” rating to a “buy” ranking and increased their price goal for the company from $62.00 to $79.00 in a investigation take note on Friday, April 29th. Five investment decision analysts have rated the stock with a get score, Centered on information from MarketBeat, the inventory has a consensus ranking of “Buy” and an regular price focus on of $76.60.
The organization has a marketplace capitalization of $3.72 billion, a PE ratio of 12.36 and a beta of 1.67. The stock’s 50-day straightforward shifting typical is $51.57 and its 200-working day basic transferring common is $53.78.
Travel + Leisure (NYSE:TNL – Get Ranking) last declared its quarterly earnings final results on Thursday, April 28th. The corporation described $.69 earnings for every share for the quarter, lacking the consensus estimate of $.72 by ($.03). The organization had profits of $809.00 million for the quarter, when compared to analysts’ expectations of $772.11 million. Vacation + Leisure had a net margin of 9.98% and a negative return on fairness of 40.92%. The firm’s revenue was up 28.8% as opposed to the identical quarter final calendar year. For the duration of the similar quarter in the prior yr, the company posted $.39 earnings for each share. As a team, analysts anticipate that Travel + Leisure Co. will write-up 4.54 EPS for the present-day year.
The agency also recently announced a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of file on Wednesday, June 15th will be presented a dividend of $.40 per 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. Travel + Leisure’s payout ratio is 42.33%.
In other Travel + Leisure news, Director George Herrera bought 2,189 shares of the business’s inventory in a transaction on Friday, March 18th. The shares were bought at an ordinary value of $58.50, for a total transaction of $128,056.50. The sale was disclosed in a submitting with the SEC, which is accessible by means of the SEC web site. Also, insider James J. Savina bought 5,500 shares of the company’s stock in a transaction on Friday, April 29th. The stock was bought at an regular value of $57.19, for a whole transaction of $314,545.00. Pursuing the completion of the transaction, the insider now right owns 13,659 shares in the enterprise, valued at $781,158.21. The disclosure for this sale can be found below. 2.07% of the inventory is currently owned by company insiders.
A quantity of hedge cash have not long ago created adjustments to their positions in TNL. Counterpoint Mutual Resources LLC acquired a new position in Vacation + Leisure in the first quarter valued at roughly $25,000. Money Analysts LLC boosted its stake in Vacation + Leisure by 80.2% in the fourth quarter. Funds Analysts LLC now owns 472 shares of the company’s stock valued at $26,000 after buying an more 210 shares through the past quarter. Carroll Economical Associates Inc. bought a new situation in Travel + Leisure in the fourth quarter valued at close to $27,000. Prospera Economic Companies Inc purchased a new situation in shares of Travel + Leisure throughout the to start with quarter value $29,000. Lastly, Meeder Asset Management Inc. acquired a new place in shares of Journey + Leisure throughout the first quarter really worth $29,000. 87.70% of the stock is at this time owned by hedge resources and other institutional investors.
About Vacation + Leisure (NYSE:TNL)
Journey + Leisure Co, collectively with its subsidiaries, supplies hospitality companies and items in the United States and internationally. The corporation operates in two segments, Trip Ownership and Journey and Membership. The Family vacation Possession segment develops, marketplaces, and sells holiday possession interests (VOIs) to unique consumers offers customer financing in relationship with the sale of VOIs and provides property administration solutions at resorts.
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