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

Vacation + Leisure Co. (NYSE:TNL – Get Rating) shares achieved a new 52-week minimal in the course of trading on Monday . The inventory traded as minimal as $44.78 and final traded at $44.55, with a quantity of 226 shares switching fingers. The stock had earlier closed at $46.71.

Independently, Jefferies Economic Team lifted shares of Vacation + Leisure from a “hold” ranking to a “buy” rating and greater their value target for the organization from $62.00 to $79.00 in a study be aware on Friday, April 29th. Five expenditure analysts have rated the inventory with a obtain rating, Primarily based on information from MarketBeat, the stock has a consensus ranking of “Buy” and an regular cost goal of $76.60.

The company 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 straightforward shifting ordinary is $51.57 and its 200-working day simple going normal is $53.78.

Vacation + Leisure (NYSE:TNL – Get Score) last introduced its quarterly earnings outcomes on Thursday, April 28th. The firm documented $.69 earnings per share for the quarter, missing the consensus estimate of $.72 by ($.03). The firm experienced revenue of $809.00 million for the quarter, in contrast to analysts’ expectations of $772.11 million. Journey + Leisure had a web margin of 9.98% and a damaging return on fairness of 40.92%. The firm’s income was up 28.8% compared to the exact quarter previous calendar year. All through the very same quarter in the prior yr, the organization posted $.39 earnings per share. As a team, analysts be expecting that Travel + Leisure Co. will post 4.54 EPS for the current year.

The agency also a short while ago introduced a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of file on Wednesday, June 15th will be offered a dividend of $.40 for every share. This signifies a $1.60 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend day of this dividend is Tuesday, June 14th. Journey + Leisure’s payout ratio is 42.33%.

In other Vacation + Leisure news, Director George Herrera marketed 2,189 shares of the business’s inventory in a transaction on Friday, March 18th. The shares had been bought at an common price of $58.50, for a total transaction of $128,056.50. The sale was disclosed in a filing with the SEC, which is offered through the SEC website. Also, insider James J. Savina sold 5,500 shares of the company’s stock in a transaction on Friday, April 29th. The inventory was marketed at an normal rate of $57.19, for a whole transaction of $314,545.00. Adhering to 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 observed here. 2.07% of the stock is at this time owned by company insiders.

A quantity of hedge money have not long ago built improvements to their positions in TNL. Counterpoint Mutual Funds LLC acquired a new placement in Travel + Leisure in the to start with quarter valued at approximately $25,000. Funds 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 after attaining an extra 210 shares in the course of the very last quarter. Carroll Monetary Associates Inc. acquired a new placement in Vacation + Leisure in the fourth quarter valued at roughly $27,000. Prospera Economic Services Inc purchased a new placement in shares of Journey + Leisure during the initial quarter well worth $29,000. At last, Meeder Asset Management Inc. bought a new posture in shares of Vacation + Leisure in the course of the very first quarter truly worth $29,000. 87.70% of the inventory is at present owned by hedge resources and other institutional buyers.

About Vacation + Leisure (NYSE:TNL)

Journey + Leisure Co, with each other with its subsidiaries, supplies hospitality companies and merchandise in the United States and internationally. The enterprise operates in two segments, Vacation Ownership and Vacation and Membership. The Family vacation Possession phase develops, markets, and sells vacation ownership interests (VOIs) to individual customers provides customer financing in connection with the sale of VOIs and gives home administration expert services at resorts.

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