Rhumbline Advisers decreased its stake in shares of Journey + Leisure Co. (NYSE:TNL – Free Report) by 3.4% within the third quarter, in line with its most up-to-date 13F submitting with the SEC. The agency owned 258,159 shares of the corporate’s inventory after promoting 9,036 shares through the interval. Rhumbline Advisers’ holdings in Journey + Leisure have been price $9,482,000 as of its most up-to-date submitting with the SEC.
Different hedge funds and different institutional buyers have additionally modified their holdings of the corporate. Penserra Capital Administration LLC purchased a brand new stake in Journey + Leisure within the 1st quarter valued at about $31,000. Lazard Asset Administration LLC purchased a brand new stake in Journey + Leisure within the 1st quarter valued at about $34,000. Quent Capital LLC boosted its holdings in 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 through the interval. Signaturefd LLC boosted its holdings in Journey + Leisure by 33.2% within 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 through the interval. Lastly, Perkins Coie Belief Co purchased a brand new stake in Journey + Leisure within the third quarter valued at about $55,000. Institutional buyers personal 87.06% of the corporate’s inventory.
Journey + Leisure Value Efficiency
TNL inventory opened at $45.12 on Friday. The corporate has a 50 day easy shifting common of $40.42 and a 200 day easy shifting common of $38.27. The inventory has a market cap of $3.20 billion, a price-to-earnings ratio of 8.48, a P/E/G ratio of 1.07 and a beta of 1.61. Journey + Leisure Co. has a 1 12 months low of $32.10 and a 1 12 months excessive of $46.26.
Journey + Leisure (NYSE:TNL – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, February twenty first. The corporate reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.61. Journey + Leisure had a internet margin of 10.59% and a unfavorable return on fairness of 43.77%. The agency had income of $935.00 million through the quarter, in comparison with analysts’ expectations of $946.56 million. Throughout the identical interval within the prior 12 months, the corporate posted $1.30 EPS. The corporate’s income was up 4.0% on a year-over-year foundation. On common, equities analysis analysts anticipate that Journey + Leisure Co. will publish 5.3 EPS for the present fiscal 12 months.
Analyst Rankings Adjustments
A number of equities analysts have lately commented on TNL shares. JMP Securities began protection on shares of 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 shares of Journey + Leisure from $52.00 to $54.00 and gave the corporate a “purchase” ranking in a analysis report on Monday, November thirteenth. Barclays boosted their goal worth on shares of Journey + Leisure from $37.00 to $44.00 and gave the corporate an “equal weight” ranking in a analysis report on Thursday. Jefferies Monetary Group upgraded shares of Journey + Leisure from a “maintain” ranking to a “purchase” ranking and boosted their goal worth for the corporate from $37.00 to $57.00 in a analysis report on Tuesday, January 2nd. Lastly, Truist Monetary lowered their worth goal on shares of Journey + Leisure from $66.00 to $59.00 and set a “purchase” ranking for the corporate in a analysis report on Wednesday, November fifteenth. One equities analysis analyst has rated the inventory with a promote ranking, one has issued a maintain ranking and 4 have issued a purchase ranking to the corporate’s inventory. In response to information from MarketBeat.com, the corporate presently has a consensus ranking of “Average Purchase” and a mean worth goal of $52.57.
Verify Out Our Newest Inventory Report on Journey + Leisure
Journey + Leisure Profile
Journey + Leisure Co, along with its subsidiaries, gives hospitality companies 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 customers, in addition to gives shopper financing in reference to the sale of VOIs; and property administration companies at resorts.
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