Citigroup Inc. lessened its stake in Journey + Leisure Co. (NYSE:TNL – Free Report) by 4.1% within the third quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee (SEC). The fund owned 30,711 shares of the corporate’s inventory after promoting 1,310 shares through the quarter. Citigroup Inc.’s holdings in Journey + Leisure have been price $1,128,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
Different massive buyers have additionally just lately modified their holdings of the corporate. Penserra Capital Administration LLC bought a brand new place in shares of Journey + Leisure within the 1st quarter price about $31,000. Lazard Asset Administration LLC bought a brand new place in shares of Journey + Leisure within the 1st quarter price about $34,000. Quent Capital LLC raised its place in Journey + Leisure by 100.0% within the third quarter. Quent Capital LLC now owns 1,176 shares of the corporate’s inventory price $43,000 after shopping for a further 588 shares over the last quarter. Signaturefd LLC raised its place in Journey + Leisure by 33.2% within the 2nd quarter. Signaturefd LLC now owns 1,196 shares of the corporate’s inventory price $48,000 after shopping for a further 298 shares over the last quarter. Lastly, Perkins Coie Belief Co bought a brand new place in Journey + Leisure within the third quarter price about $55,000. Hedge funds and different institutional buyers personal 87.06% of the corporate’s inventory.
Journey + Leisure Buying and selling Up 0.5 %
Shares of NYSE:TNL opened at $44.90 on Wednesday. The inventory has a 50 day transferring common of $40.61 and a 200 day transferring common of $38.30. The corporate has a market cap of $3.19 billion, a PE ratio of 8.44, a price-to-earnings-growth ratio of 1.07 and a beta of 1.61. Journey + Leisure Co. has a 12-month low of $32.10 and a 12-month excessive of $46.26.
Journey + Leisure (NYSE:TNL – Get Free Report) final introduced its quarterly earnings information on Wednesday, February twenty first. The corporate reported $1.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.61. The corporate had income of $935.00 million through the quarter, in comparison with the consensus estimate of $946.56 million. Journey + Leisure had a damaging return on fairness of 43.77% and a web margin of 10.59%. The agency’s income was up 4.0% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the corporate posted $1.30 EPS. Equities analysis analysts predict that Journey + Leisure Co. will submit 5.26 earnings per share for the present fiscal 12 months.
Wall Road Analyst Weigh In
Numerous brokerages have weighed in on TNL. JMP Securities started protection on Journey + Leisure in a analysis report on Tuesday, February thirteenth. They issued an “outperform” ranking and a $50.00 goal worth for the corporate. Tigress Monetary boosted their goal worth on Journey + Leisure from $52.00 to $54.00 and gave the inventory a “purchase” ranking in a analysis report on Monday, November thirteenth. Truist Monetary decreased their goal worth on Journey + Leisure from $66.00 to $59.00 and set a “purchase” ranking for the corporate in a analysis report on Wednesday, November fifteenth. Barclays boosted their worth goal on Journey + Leisure from $37.00 to $44.00 and gave the corporate an “equal weight” ranking in a analysis be aware on Thursday, February twenty second. Lastly, Jefferies Monetary Group upgraded Journey + Leisure from a “maintain” ranking to a “purchase” ranking and boosted their worth goal for the corporate from $37.00 to $57.00 in a analysis be aware on Tuesday, January 2nd. One analyst has rated the inventory with a promote ranking, one has given a maintain ranking and 4 have given a purchase ranking to the inventory. In accordance with information from MarketBeat, the inventory presently has a consensus ranking of “Average Purchase” and a median worth goal of $52.57.
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About Journey + Leisure
Journey + Leisure Co, along with its subsidiaries, supplies hospitality providers and merchandise in the US and internationally. The corporate operates in two segments, Trip Possession; and Journey and Membership. The Trip Possession section develops, markets, and sells trip possession pursuits (VOIs) to particular person customers, in addition to supplies shopper financing in reference to the sale of VOIs; and property administration providers at resorts.
Featured Tales
Wish to see what different hedge funds are holding TNL? Go to HoldingsChannel.com to get the most recent 13F filings and insider trades for Journey + Leisure Co. (NYSE:TNL – Free Report).
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