Journey + Leisure Co. (NYSE:TNL) Shares Bought by Oregon Public Staff Retirement Fund

Journey + Leisure Co. (NYSE:TNL) Shares Bought by Oregon Public Staff Retirement Fund

Oregon Public Staff Retirement Fund lowered its holdings in Journey + Leisure Co. (NYSE:TNL – Get Ranking) by 1.3% throughout the first quarter, in accordance with the corporate in its most up-to-date submitting with the SEC. The fund owned 27,631 shares of the corporate’s inventory after promoting 354 shares throughout the quarter. Oregon Public Staff Retirement Fund’s holdings in Journey + Leisure have been value $1,601,000 on the finish of the latest reporting interval.

A number of different institutional traders and hedge funds have additionally added to or decreased their stakes within the firm. Retirement Programs of Alabama elevated its holdings in shares of Journey + Leisure by 119.3% within the 1st quarter. Retirement Programs of Alabama now owns 247,832 shares of the corporate’s inventory valued at $14,359,000 after buying an extra 134,827 shares over the last quarter. Ellevest Inc. elevated its holdings in shares of Journey + Leisure by 54.0% within the 1st quarter. Ellevest Inc. now owns 3,935 shares of the corporate’s inventory valued at $228,000 after buying an extra 1,379 shares over the last quarter. Fifth Third Bancorp elevated its holdings in shares of Journey + Leisure by 40.7% within the 1st quarter. Fifth Third Bancorp now owns 1,144 shares of the corporate’s inventory valued at $66,000 after buying an extra 331 shares over the last quarter. TCW Group Inc. grew its stake in Journey + Leisure by 3.9% throughout the 1st quarter. TCW Group Inc. now owns 11,348 shares of the corporate’s inventory value $658,000 after shopping for an extra 425 shares over the last quarter. Lastly, Copeland Capital Administration LLC bought a brand new place in Journey + Leisure throughout the 1st quarter value roughly $19,564,000. Institutional traders and hedge funds personal 87.70% of the corporate’s inventory.

Shares of TNL inventory opened at $40.27 on Friday. The enterprise’s 50 day shifting common is $46.46 and its two-hundred day shifting common is $52.41. Journey + Leisure Co. has a twelve month low of $37.67 and a twelve month excessive of $63.19. The corporate has a market capitalization of $3.44 billion, a P/E ratio of 10.65 and a beta of 1.73.

Journey + Leisure (NYSE:TNL – Get Ranking) final introduced its earnings outcomes on Thursday, April twenty eighth. The corporate reported $0.69 earnings per share for the quarter, lacking the consensus estimate of $0.73 by ($0.04). The corporate had income of $809.00 million throughout the quarter, in comparison with analysts’ expectations of $772.11 million. Journey + Leisure had a internet margin of 9.98% and a unfavorable return on fairness of 40.92%. The corporate’s income for the quarter was up 28.8% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the enterprise posted $0.39 earnings per share. Analysis analysts count on that Journey + Leisure Co. will put up 4.54 EPS for the present 12 months.

The agency additionally lately declared a quarterly dividend, which was paid on Thursday, June thirtieth. Stockholders of report on Wednesday, June fifteenth have been issued a $0.40 dividend. The ex-dividend date was Tuesday, June 14th. This represents a $1.60 annualized dividend and a dividend yield of three.97%. Journey + Leisure’s dividend payout ratio is presently 42.33%.

Numerous analysis analysts lately issued experiences on TNL shares. Barclays began protection on Journey + Leisure in a analysis notice on Tuesday, June twenty eighth. They set an “equal weight” ranking on the inventory. Jefferies Monetary Group upgraded Journey + Leisure from a “maintain” ranking to a “purchase” ranking and raised their value goal for the inventory from $62.00 to $79.00 in a analysis notice on Friday, April twenty ninth. One funding analyst has rated the inventory with a maintain ranking and 5 have assigned a purchase ranking to the inventory. In keeping with knowledge from MarketBeat, the inventory presently has a mean ranking of “Average Purchase” and a mean value goal of $76.60.

In different information, insider James J. Savina bought 5,500 shares of the agency’s inventory in a transaction that occurred on Friday, April twenty ninth. The inventory was bought at a mean value of $57.19, for a complete worth of $314,545.00. Following the completion of the sale, the insider now immediately owns 13,659 shares of the corporate’s inventory, valued at roughly $781,158.21. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which may be accessed via this hyperlink. 2.07% of the inventory is owned by firm insiders.

Journey + Leisure Firm Profile (Get Ranking)

Journey + Leisure Co, along with its subsidiaries, offers 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 shoppers; offers shopper financing in reference to the sale of VOIs; and offers property administration companies at resorts.

Beneficial Tales

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Institutional Ownership by Quarter for Travel + Leisure (NYSE:TNL)



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