Travel + Leisure (NYSE:TNL) Reaches New 52-Week Low at $44.78

Vacation + Leisure Co. (NYSE:TNL – Get Ranking) shares achieved a new 52-7 days reduced for the duration of buying and selling on Monday . The stock traded as lower as $44.78 and previous traded at $44.55, with a volume of 226 shares altering palms. The inventory experienced formerly closed at $46.71.

Separately, Jefferies Economic Group lifted shares of Journey + Leisure from a “hold” ranking to a “buy” score and increased their rate target for the business from $62.00 to $79.00 in a research notice on Friday, April 29th. Five financial investment analysts have rated the inventory with a purchase rating, Dependent on details from MarketBeat, the inventory has a consensus rating of “Buy” and an average value goal of $76.60.

The company has a marketplace capitalization of $3.72 billion, a PE ratio of 12.36 and a beta of 1.67. The stock’s 50-working day easy shifting typical is $51.57 and its 200-working day very simple shifting common is $53.78.

Journey + Leisure (NYSE:TNL – Get Score) final announced its quarterly earnings results on Thursday, April 28th. The organization noted $.69 earnings for every share for the quarter, missing the consensus estimate of $.72 by ($.03). The firm had income of $809.00 million for the quarter, when compared to analysts’ anticipations of $772.11 million. Journey + Leisure experienced a internet margin of 9.98% and a unfavorable return on fairness of 40.92%. The firm’s revenue was up 28.8% in contrast to the exact same quarter past yr. All through the identical quarter in the prior 12 months, the small business posted $.39 earnings for every share. As a group, analysts expect that Vacation + Leisure Co. will write-up 4.54 EPS for the present-day calendar year.

The organization also recently introduced a quarterly dividend, which will be compensated on Thursday, June 30th. Stockholders of record on Wednesday, June 15th will be supplied a dividend of $.40 per share. This signifies a $1.60 dividend on an annualized foundation and a dividend produce of 3.67%. The ex-dividend day of this dividend is Tuesday, June 14th. Travel + Leisure’s payout ratio is 42.33%.

In other Journey + Leisure information, Director George Herrera sold 2,189 shares of the business’s stock in a transaction on Friday, March 18th. The shares were being offered at an average cost of $58.50, for a whole transaction of $128,056.50. The sale was disclosed in a submitting with the SEC, which is out there by way of the SEC site. Also, insider James J. Savina marketed 5,500 shares of the company’s inventory in a transaction on Friday, April 29th. The stock was bought at an ordinary value of $57.19, for a complete transaction of $314,545.00. Following the completion of the transaction, the insider now specifically owns 13,659 shares in the business, valued at $781,158.21. The disclosure for this sale can be uncovered below. 2.07% of the inventory is presently owned by company insiders.

A range of hedge resources have not long ago designed adjustments to their positions in TNL. Counterpoint Mutual Funds LLC acquired a new position in Travel + Leisure in the 1st quarter valued at close to $25,000. Cash Analysts LLC boosted its stake in Vacation + Leisure by 80.2% in the fourth quarter. Cash Analysts LLC now owns 472 shares of the company’s inventory valued at $26,000 immediately after attaining an added 210 shares in the course of the past quarter. Carroll Monetary Associates Inc. acquired a new position in Travel + Leisure in the fourth quarter valued at around $27,000. Prospera Money Services Inc purchased a new place in shares of Journey + Leisure in the course of the first quarter truly worth $29,000. Last but not least, Meeder Asset Administration Inc. bought a new place in shares of Journey + Leisure for the duration of the very first quarter truly worth $29,000. 87.70% of the inventory is now owned by hedge money and other institutional buyers.

About Vacation + Leisure (NYSE:TNL)

Vacation + Leisure Co, together with its subsidiaries, delivers hospitality products and services and products and solutions in the United States and internationally. The enterprise operates in two segments, Getaway Possession and Journey and Membership. The Vacation Ownership phase develops, markets, and sells family vacation ownership passions (VOIs) to person people gives customer funding in relationship with the sale of VOIs and supplies property management services at resorts.

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