Academics Retirement System of The State of Kentucky raised its place in Journey + Leisure Co. (NYSE:TNL – Free Report) by 87.1% within the third quarter, based on the corporate in its most up-to-date disclosure with the Securities & Trade Fee. The institutional investor owned 27,065 shares of the corporate’s inventory after buying an extra 12,600 shares through the interval. Academics Retirement System of The State of Kentucky’s holdings in Journey + Leisure had been price $994,000 as of its most up-to-date submitting with the Securities & Trade Fee.
Different institutional traders additionally just lately purchased and offered shares of the corporate. LSV Asset Administration raised its holdings in shares of Journey + Leisure by 2.0% within the third quarter. LSV Asset Administration now owns 572,309 shares of the corporate’s inventory price $21,021,000 after shopping for an extra 11,400 shares over the last quarter. Stifel Monetary Corp raised its holdings in shares of Journey + Leisure by 55.5% through the third quarter. Stifel Monetary Corp now owns 164,295 shares of the corporate’s inventory price $6,035,000 after buying an extra 58,629 shares over the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Journey + Leisure by 48.0% through the second quarter. JPMorgan Chase & Co. now owns 812,721 shares of the corporate’s inventory price $32,785,000 after buying an extra 263,567 shares over the last quarter. GSA Capital Companions LLP bought a brand new place in Journey + Leisure within the third quarter valued at $1,245,000. Lastly, Hsbc Holdings PLC elevated its holdings in Journey + Leisure by 747.6% within the third quarter. Hsbc Holdings PLC now owns 159,662 shares of the corporate’s inventory valued at $5,864,000 after shopping for an extra 140,826 shares within the final quarter. 87.06% of the inventory is at the moment owned by institutional traders and hedge funds.
Analyst Upgrades and Downgrades
Plenty of analysis corporations have weighed in on TNL. JMP Securities started protection on shares of Journey + Leisure in a report on Tuesday, February thirteenth. They issued an “outperform” score and a $50.00 worth goal for the corporate. Truist Monetary lifted their worth goal on shares of Journey + Leisure from $59.00 to $65.00 and gave the corporate a “purchase” score in a report on Tuesday, March fifth. Barclays lifted their goal worth on shares of Journey + Leisure from $37.00 to $44.00 and gave the corporate an “equal weight” score in a analysis report on Thursday, February twenty second. Lastly, Jefferies Monetary Group upgraded shares of Journey + Leisure from a “maintain” score to a “purchase” score and lifted their goal worth for the corporate from $37.00 to $57.00 in a analysis report on Tuesday, January 2nd. One equities analysis analyst has rated the inventory with a promote score, one has assigned a maintain score and 4 have issued a purchase score to the inventory. In keeping with information from MarketBeat.com, the corporate has a mean score of “Average Purchase” and a mean worth goal of $53.43.
Verify Out Our Newest Report on Journey + Leisure
Insiders Place Their Bets
In different Journey + Leisure information, insider James J. Savina offered 15,000 shares of Journey + Leisure inventory in a transaction dated Tuesday, March fifth. The shares had been offered at a mean worth of $45.18, for a complete transaction of $677,700.00. Following the transaction, the insider now straight owns 15,860 shares of the corporate’s inventory, valued at $716,554.80. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is out there via the SEC web site. In different Journey + Leisure information, Director George Herrera offered 2,969 shares of Journey + Leisure inventory in a transaction dated Friday, March fifteenth. The shares had been offered at a mean worth of $45.33, for a complete transaction of $134,584.77. Following the transaction, the director now straight owns 2,193 shares of the corporate’s inventory, valued at $99,408.69. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is out there via the SEC web site. Additionally, insider James J. Savina offered 15,000 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, March fifth. The shares had been offered at a mean worth of $45.18, for a complete transaction of $677,700.00. Following the completion of the sale, the insider now straight owns 15,860 shares within the firm, valued at $716,554.80. The disclosure for this sale may be discovered right here. Insiders have offered 22,922 shares of firm inventory valued at $1,036,358 during the last ninety days. Firm insiders personal 2.84% of the corporate’s inventory.
Journey + Leisure Buying and selling Up 0.7 %
TNL opened at $47.01 on Thursday. The agency has a market capitalization of $3.34 billion, a PE ratio of 8.84, a PEG ratio of 1.24 and a beta of 1.61. Journey + Leisure Co. has a twelve month low of $32.10 and a twelve month excessive of $47.29. The agency’s 50-day transferring common worth is $42.41 and its 200 day transferring common worth is $38.88.
Journey + Leisure (NYSE:TNL – Get Free Report) final posted its quarterly earnings outcomes on Wednesday, February twenty first. The corporate reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $0.61. The agency had income of $935.00 million for the quarter, in comparison with analyst estimates of $946.56 million. Journey + Leisure had a web margin of 10.59% and a adverse return on fairness of 43.77%. Journey + Leisure’s quarterly income was up 4.0% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the enterprise posted $1.30 earnings per share. As a bunch, analysts predict that Journey + Leisure Co. will put up 5.4 earnings per share for the present fiscal yr.
Journey + Leisure Will increase Dividend
The agency additionally just lately declared a quarterly dividend, which will likely be paid on Friday, March twenty ninth. Traders of report on Thursday, March twenty first will likely be given a dividend of $0.50 per share. The ex-dividend date is Wednesday, March twentieth. It is a constructive change from Journey + Leisure’s earlier quarterly dividend of $0.45. This represents a $2.00 dividend on an annualized foundation and a yield of 4.25%. Journey + Leisure’s payout ratio is presently 33.83%.
About Journey + Leisure
Journey + Leisure Co, along with its subsidiaries, offers hospitality companies and journey merchandise in the USA and internationally. The corporate operates in two segments, Trip Possession; and Journey and Membership. The Trip Possession phase develops, markets, and sells trip possession pursuits (VOIs) to particular person customers, in addition to offers client financing in reference to the sale of VOIs; and property administration companies at resorts.
Featured Tales
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