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

LSV Asset Administration reduced its position in shares of Journey + Leisure Co. (NYSE:TNL – Get Ranking) by 48.1% in the course of the 4th quarter, according to the organization in its most recent disclosure with the Securities & Exchange Commission. The company owned 171,700 shares of the company’s stock after marketing 159,000 shares all through the period. LSV Asset Management owned .20% of Vacation + Leisure well worth $9,490,000 as of its most the latest SEC filing.

A variety of other institutional buyers and hedge funds have also not too long ago additional to or diminished their stakes in TNL. Hanson & Doremus Investment decision Management acquired a new situation in shares of Travel + Leisure in the 3rd quarter valued at around $27,000. AdvisorNet Economical Inc bought a new stake in Travel + Leisure in the course of the 3rd quarter well worth $27,000. Carroll Economic Associates Inc. obtained a new stake in Travel + Leisure through the fourth quarter value $27,000. Evolution Prosperity Advisors LLC lifted its place in shares of Vacation + Leisure by 140.5% in the 3rd quarter. Evolution Wealth Advisors LLC now owns 606 shares of the company’s stock valued at $33,000 just after attaining an additional 354 shares in the past quarter. Eventually, Darkish Forest Cash Management LP purchased a new stake in shares of Journey + Leisure in the third quarter valued at $40,000. 87.23% of the stock is presently owned by institutional buyers.

NYSE TNL opened at $56.03 on Friday. The stock’s 50-working day transferring typical is $56.53 and its two-hundred day transferring common is $55.22. The agency has a marketplace 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 7 days small of $46.10 and a fifty-two 7 days significant of $68.26.

Travel + Leisure (NYSE:TNL – Get Rating) past launched its quarterly earnings details on Wednesday, February 23rd. The organization documented $1.19 earnings for each share for the quarter, beating analysts’ consensus estimates of $.97 by $.22. The firm experienced profits of $870.00 million for the quarter, when compared to the consensus estimate of $788.19 million. Travel + Leisure had a detrimental return on fairness of 36.08% and a internet margin of 9.86%. The company’s quarterly revenue was up 34.9% on a calendar year-about-12 months basis. All through the same interval in the preceding year, the business enterprise gained $.32 earnings for each share. On regular, analysts forecast that Vacation + Leisure Co. will submit 4.48 earnings for each share for the present fiscal year.

The organization also a short while ago declared a quarterly dividend, which was paid out on Thursday, March 31st. Shareholders of report on Tuesday, March 15th had been specified a dividend of $.40 per share. This is a increase from Vacation + Leisure’s earlier quarterly dividend of $.35. The ex-dividend day of this dividend was Monday, March 14th. This represents a $1.60 annualized dividend and a dividend yield of 2.86%. Vacation + Leisure’s payout ratio is presently 45.45%.

Independently, Zacks Investment decision Research decreased Journey + Leisure from a “buy” score to a “hold” rating in a study be aware on Thursday, January 20th. Two equities study analysts have rated the inventory with a hold rating and four have provided a purchase rating to the company’s stock. Centered on data from MarketBeat, the inventory currently has a consensus ranking of “Buy” and a consensus price target of $71.00.

In other Vacation + Leisure information, insider Geoffrey Richards bought 13,000 shares of the stock in a transaction dated Wednesday, February 9th. The shares had been marketed at an average price of $60.47, for a whole value of $786,110.00. The transaction was disclosed in a lawful filing with the SEC, which is available via this connection. Also, Director George Herrera offered 2,189 shares of the firm’s inventory in a transaction that happened on Friday, March 18th. The stock was sold at an normal price tag of $58.50, for a full transaction of $128,056.50. The disclosure for this sale can be found below. 1.93% of the stock is owned by company insiders.

Vacation + Leisure Profile (Get Score)

Journey + Leisure Co, collectively with its subsidiaries, offers hospitality services and products in the United States and internationally. The company operates in two segments, Getaway Possession and Travel and Membership. The Family vacation Possession segment develops, marketplaces, and sells holiday vacation possession interests (VOIs) to unique shoppers gives buyer financing in link with the sale of VOIs and offers property administration solutions at resorts.

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