LSV Asset Management decreased its posture in shares of Vacation + Leisure Co. (NYSE:TNL – Get Rating) by 48.1% in the course of the 4th quarter, in accordance to the business in its most the latest disclosure with the Securities & Trade Fee. The organization owned 171,700 shares of the company’s stock just after advertising 159,000 shares throughout the time period. LSV Asset Administration owned .20% of Journey + Leisure truly worth $9,490,000 as of its most new SEC submitting.
A variety of other institutional investors and hedge resources have also a short while ago additional to or lowered their stakes in TNL. Hanson & Doremus Expense Management acquired a new posture in shares of Vacation + Leisure in the 3rd quarter valued at roughly $27,000. AdvisorNet Fiscal Inc ordered a new stake in Journey + Leisure for the duration of the 3rd quarter really worth $27,000. Carroll Money Associates Inc. procured a new stake in Travel + Leisure through the fourth quarter well worth $27,000. Evolution Prosperity Advisors LLC lifted its position in shares of Vacation + Leisure by 140.5% in the third quarter. Evolution Wealth Advisors LLC now owns 606 shares of the company’s inventory valued at $33,000 soon after getting an supplemental 354 shares in the very last quarter. Last but not least, Dim Forest Money Administration LP obtained a new stake in shares of Travel + Leisure in the third quarter valued at $40,000. 87.23% of the inventory is now owned by institutional traders.
NYSE TNL opened at $56.03 on Friday. The stock’s 50-working day relocating ordinary is $56.53 and its two-hundred working day shifting ordinary is $55.22. The organization has a current market cap of $4.80 billion, a P/E ratio of 15.92 and a beta of 1.75. Journey + Leisure Co. has a fifty-two week lower of $46.10 and a fifty-two week high of $68.26.
Journey + Leisure (NYSE:TNL – Get Rating) final introduced its quarterly earnings information on Wednesday, February 23rd. The organization claimed $1.19 earnings for each share for the quarter, beating analysts’ consensus estimates of $.97 by $.22. The corporation experienced earnings of $870.00 million for the quarter, compared to the consensus estimate of $788.19 million. Journey + Leisure had a unfavorable return on equity of 36.08% and a net margin of 9.86%. The company’s quarterly earnings was up 34.9% on a 12 months-in excess of-12 months basis. Throughout the same period of time in the past calendar year, the business attained $.32 earnings for each share. On normal, analysts forecast that Vacation + Leisure Co. will publish 4.48 earnings for each share for the current fiscal 12 months.
The organization also just lately announced a quarterly dividend, which was compensated on Thursday, March 31st. Shareholders of history on Tuesday, March 15th ended up specified a dividend of $.40 for every share. This is a increase from Journey + Leisure’s former quarterly dividend of $.35. The ex-dividend date of this dividend was Monday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 2.86%. Journey + Leisure’s payout ratio is presently 45.45%.
Independently, Zacks Financial commitment Analysis lowered Vacation + Leisure from a “buy” score to a “hold” rating in a investigation note on Thursday, January 20th. Two equities research analysts have rated the stock with a keep score and 4 have offered a obtain ranking to the company’s inventory. Primarily based on data from MarketBeat, the stock at present has a consensus score of “Buy” and a consensus price goal of $71.00.
In other Travel + Leisure news, insider Geoffrey Richards bought 13,000 shares of the stock in a transaction dated Wednesday, February 9th. The shares were being offered at an average price of $60.47, for a overall benefit of $786,110.00. The transaction was disclosed in a authorized filing with the SEC, which is out there via this website link. Also, Director George Herrera marketed 2,189 shares of the firm’s inventory in a transaction that occurred on Friday, March 18th. The inventory was marketed at an normal value of $58.50, for a overall transaction of $128,056.50. The disclosure for this sale can be identified listed here. 1.93% of the stock is owned by corporate insiders.
Vacation + Leisure Profile (Get Rating)
Journey + Leisure Co, alongside one another with its subsidiaries, supplies hospitality expert services and items in the United States and internationally. The company operates in two segments, Holiday Possession and Vacation and Membership. The Getaway Possession segment develops, marketplaces, and sells trip ownership pursuits (VOIs) to personal buyers supplies consumer funding in connection with the sale of VOIs and supplies house administration companies at resorts.
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