LSV Asset Management Decreases Position in Travel + Leisure Co. (NYSE:TNL)

LSV Asset Management diminished its posture in shares of Vacation + Leisure Co. (NYSE:TNL – Get Score) by 48.1% through the 4th quarter, according to the business in its most modern disclosure with the Securities & Trade Commission. The company owned 171,700 shares of the company’s stock immediately after marketing 159,000 shares through the time period. LSV Asset Management owned .20% of Journey + Leisure really worth $9,490,000 as of its most current SEC filing.

A variety of other institutional traders and hedge resources have also not long ago additional to or lessened their stakes in TNL. Hanson & Doremus Financial investment Management acquired a new place in shares of Journey + Leisure in the third quarter valued at around $27,000. AdvisorNet Fiscal Inc purchased a new stake in Vacation + Leisure through the 3rd quarter well worth $27,000. Carroll Money Associates Inc. procured a new stake in Journey + Leisure through the fourth quarter worthy of $27,000. Evolution Prosperity Advisors LLC lifted its situation in shares of Travel + Leisure by 140.5% in the third quarter. Evolution Prosperity Advisors LLC now owns 606 shares of the company’s inventory valued at $33,000 just after buying an more 354 shares in the past quarter. At last, Darkish Forest Cash Management LP purchased a new stake in shares of Vacation + Leisure in the 3rd quarter valued at $40,000. 87.23% of the inventory is presently owned by institutional buyers.

NYSE TNL opened at $56.03 on Friday. The stock’s 50-day shifting common is $56.53 and its two-hundred working day going common is $55.22. The company has a marketplace cap of $4.80 billion, a P/E ratio of 15.92 and a beta of 1.75. Travel + Leisure Co. has a fifty-two week low of $46.10 and a fifty-two 7 days substantial of $68.26.

Travel + Leisure (NYSE:TNL – Get Ranking) previous launched its quarterly earnings details on Wednesday, February 23rd. The organization claimed $1.19 earnings for every share for the quarter, beating analysts’ consensus estimates of $.97 by $.22. The organization had profits of $870.00 million for the quarter, in comparison to the consensus estimate of $788.19 million. Journey + Leisure had a detrimental return on fairness of 36.08% and a internet margin of 9.86%. The company’s quarterly income was up 34.9% on a calendar year-more than-yr foundation. All through the same period in the past year, the business attained $.32 earnings per share. On typical, analysts forecast that Travel + Leisure Co. will article 4.48 earnings for each share for the existing fiscal year.

The organization also not long ago introduced a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of document on Tuesday, March 15th were presented a dividend of $.40 for every share. This is a raise from Journey + Leisure’s preceding quarterly dividend of $.35. The ex-dividend day of this dividend was Monday, March 14th. This signifies a $1.60 annualized dividend and a dividend yield of 2.86%. Vacation + Leisure’s payout ratio is presently 45.45%.

Independently, Zacks Investment Exploration reduced Travel + Leisure from a “buy” ranking to a “hold” score in a investigate note on Thursday, January 20th. Two equities study analysts have rated the stock with a keep rating and four have given a obtain rating to the company’s inventory. Primarily based on facts from MarketBeat, the inventory at the moment has a consensus rating of “Buy” and a consensus price target of $71.00.

In other Travel + Leisure news, insider Geoffrey Richards sold 13,000 shares of the inventory in a transaction dated Wednesday, February 9th. The shares were being bought at an normal value of $60.47, for a whole benefit of $786,110.00. The transaction was disclosed in a legal submitting with the SEC, which is obtainable via this connection. Also, Director George Herrera offered 2,189 shares of the firm’s inventory in a transaction that transpired on Friday, March 18th. The inventory was sold at an common value of $58.50, for a whole transaction of $128,056.50. The disclosure for this sale can be located here. 1.93% of the inventory is owned by company insiders.

Journey + Leisure Profile (Get Ranking)

Journey + Leisure Co, together with its subsidiaries, supplies hospitality expert services and merchandise in the United States and internationally. The firm operates in two segments, Trip Possession and Journey and Membership. The Getaway Ownership phase develops, markets, and sells vacation ownership passions (VOIs) to specific individuals offers purchaser financing in connection with the sale of VOIs and supplies property administration companies at resorts.

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