PNC Monetary Companies Group Inc. trimmed its stake in shares of Journey + Leisure Co. (NYSE:TNL – Free Report) by 60.2% within the third quarter, in keeping with its most up-to-date 13F submitting with the Securities and Trade Fee (SEC). The institutional investor owned 12,112 shares of the corporate’s inventory after promoting 18,295 shares throughout the quarter. PNC Monetary Companies Group Inc.’s holdings in Journey + Leisure have been price $445,000 on the finish of the latest quarter.
A number of different institutional buyers and hedge funds have additionally lately purchased and offered shares of TNL. Penserra Capital Administration LLC bought a brand new stake in Journey + Leisure throughout the 1st quarter price about $31,000. Lazard Asset Administration LLC bought a brand new stake in shares of Journey + Leisure within the 1st quarter valued at about $34,000. Quent Capital LLC lifted its holdings in shares of Journey + Leisure by 100.0% within the third quarter. Quent Capital LLC now owns 1,176 shares of the corporate’s inventory valued at $43,000 after buying an extra 588 shares over the past quarter. Signaturefd LLC raised its stake in Journey + Leisure by 33.2% throughout the 2nd quarter. Signaturefd LLC now owns 1,196 shares of the corporate’s inventory valued at $48,000 after buying an extra 298 shares over the past quarter. Lastly, Perkins Coie Belief Co bought a brand new stake in Journey + Leisure throughout the third quarter valued at roughly $55,000. 87.06% of the inventory is owned by institutional buyers and hedge funds.
Wall Road Analysts Forecast Development
TNL has been the topic of a number of analyst studies. Jefferies Monetary Group raised Journey + Leisure from a “maintain” score to a “purchase” score and upped their worth goal for the corporate from $37.00 to $57.00 in a analysis notice on Tuesday, January 2nd. Barclays boosted their goal worth on Journey + Leisure from $37.00 to $44.00 and gave the inventory an “equal weight” score in a analysis report on Thursday, February twenty second. Tigress Monetary upped their worth goal on Journey + Leisure from $52.00 to $54.00 and gave the inventory a “purchase” score in a report on Monday, November thirteenth. Truist Monetary lowered their worth goal on Journey + Leisure from $66.00 to $59.00 and set a “purchase” score on the inventory in a report on Wednesday, November fifteenth. Lastly, JMP Securities started protection on Journey + Leisure in a report on Tuesday, February thirteenth. They issued an “outperform” score and a $50.00 worth goal on the inventory. One equities analysis analyst has rated the inventory with a promote score, one has assigned a maintain score and 4 have assigned a purchase score to the corporate’s inventory. In keeping with knowledge from MarketBeat, the inventory at the moment has a consensus score of “Average Purchase” and a mean goal worth of $52.57.
Learn Our Newest Evaluation on TNL
Journey + Leisure Inventory Down 1.2 %
TNL opened at $44.69 on Friday. The agency has a market cap of $3.17 billion, a P/E ratio of 8.40, a PEG ratio of 1.21 and a beta of 1.61. The enterprise’s fifty day easy transferring common is $40.82 and its 200 day easy transferring common is $38.39. Journey + Leisure Co. has a 52 week low of $32.10 and a 52 week excessive of $46.26.
Journey + Leisure (NYSE:TNL – Get Free Report) final posted its quarterly earnings knowledge on Wednesday, February twenty first. The corporate reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.61. The agency had income of $935.00 million throughout the quarter, in comparison with analysts’ expectations of $946.56 million. Journey + Leisure had a detrimental return on fairness of 43.77% and a internet margin of 10.59%. The agency’s quarterly income was up 4.0% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $1.30 EPS. As a gaggle, equities analysts anticipate that Journey + Leisure Co. will submit 5.44 EPS for the present fiscal 12 months.
Journey + Leisure Profile
Journey + Leisure Co, along with its subsidiaries, supplies hospitality providers and merchandise in the USA 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 shoppers, in addition to supplies client 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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