Journey + Leisure Co. (NYSE:TNL – Get Ranking) shares reached a new 52-7 days small through trading on Monday . The stock traded as minimal as $44.78 and final traded at $44.55, with a quantity of 226 shares transforming fingers. The stock experienced earlier closed at $46.71.
Independently, Jefferies Money Group raised shares of Travel + Leisure from a “hold” rating to a “buy” ranking and elevated their cost concentrate on for the enterprise from $62.00 to $79.00 in a investigate note on Friday, April 29th. Five investment analysts have rated the stock with a get score, Dependent on information from MarketBeat, the stock has a consensus score of “Buy” and an average price focus on of $76.60.
The organization has a market capitalization of $3.72 billion, a PE ratio of 12.36 and a beta of 1.67. The stock’s 50-day uncomplicated moving common is $51.57 and its 200-day very simple moving typical is $53.78.
Journey + Leisure (NYSE:TNL – Get Score) final announced its quarterly earnings success on Thursday, April 28th. The business documented $.69 earnings per share for the quarter, missing the consensus estimate of $.72 by ($.03). The organization experienced income of $809.00 million for the quarter, in comparison to analysts’ anticipations of $772.11 million. Vacation + Leisure experienced a internet margin of 9.98% and a damaging return on equity of 40.92%. The firm’s income was up 28.8% as opposed to the same quarter last calendar year. For the duration of the similar quarter in the prior year, the organization posted $.39 earnings for each share. As a team, analysts be expecting that Journey + Leisure Co. will write-up 4.54 EPS for the recent yr.
The business also recently declared a quarterly dividend, which will be paid out on Thursday, June 30th. Stockholders of file on Wednesday, June 15th will be presented a dividend of $.40 for each share. This represents a $1.60 dividend on an annualized foundation and a dividend yield of 3.67%. The ex-dividend date of this dividend is Tuesday, June 14th. Journey + Leisure’s payout ratio is 42.33%.
In other Vacation + Leisure news, Director George Herrera bought 2,189 shares of the business’s inventory in a transaction on Friday, March 18th. The shares were offered at an average rate of $58.50, for a full transaction of $128,056.50. The sale was disclosed in a submitting with the SEC, which is readily available as a result of the SEC web page. Also, insider James J. Savina sold 5,500 shares of the company’s stock in a transaction on Friday, April 29th. The stock was sold at an common price tag of $57.19, for a full transaction of $314,545.00. Next the completion of the transaction, the insider now right owns 13,659 shares in the firm, valued at $781,158.21. The disclosure for this sale can be identified below. 2.07% of the stock is presently owned by company insiders.
A quantity of hedge funds have recently designed changes to their positions in TNL. Counterpoint Mutual Money LLC acquired a new situation in Travel + Leisure in the very first quarter valued at somewhere around $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 inventory valued at $26,000 following getting an further 210 shares all through the past quarter. Carroll Money Associates Inc. bought a new placement in Vacation + Leisure in the fourth quarter valued at roughly $27,000. Prospera Fiscal Expert services Inc purchased a new situation in shares of Travel + Leisure throughout the first quarter well worth $29,000. At last, Meeder Asset Management Inc. bought a new placement in shares of Journey + Leisure all through the very first quarter well worth $29,000. 87.70% of the inventory is presently owned by hedge funds and other institutional buyers.
About Journey + Leisure (NYSE:TNL)
Travel + Leisure Co, with each other with its subsidiaries, provides hospitality companies and goods in the United States and internationally. The enterprise operates in two segments, Getaway Ownership and Journey and Membership. The Trip Ownership phase develops, markets, and sells trip ownership passions (VOIs) to person consumers supplies buyer financing in relationship with the sale of VOIs and presents assets administration services at resorts.
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