KBC Group NV Has $146,000 Stock Position in Travel + Leisure Co. (NYSE:TNL)

KBC Group NV increased its holdings in Travel + Leisure Co. (NYSE:TNL) by 30.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,893 shares of the company’s stock after acquiring an additional 669 shares during the period. KBC Group NV’s holdings in Travel + Leisure were worth $146,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in TNL. UMB Bank n.a. raised its stake in shares of Travel + Leisure by 1,948.1% in the third quarter. UMB Bank n.a. now owns 553 shares of the company’s stock worth $25,000 after purchasing an additional 526 shares during the last quarter. Versant Capital Management Inc raised its position in Travel + Leisure by 49.2% in the 4th quarter. Versant Capital Management Inc now owns 637 shares of the company’s stock valued at $32,000 after buying an additional 210 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Travel + Leisure by 314.4% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 663 shares of the company’s stock valued at $33,000 after acquiring an additional 503 shares in the last quarter. Brooklyn Investment Group purchased a new position in Travel + Leisure during the 3rd quarter worth $43,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Travel + Leisure in the 3rd quarter worth $44,000. Institutional investors own 87.54% of the company’s stock.

Analysts Set New Price Targets

TNL has been the topic of several analyst reports. Bank of America upgraded shares of Travel + Leisure from an “underperform” rating to a “buy” rating and boosted their price target for the stock from $40.00 to $60.00 in a report on Monday, January 27th. Tigress Financial boosted their target price on Travel + Leisure from $58.00 to $64.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Stifel Nicolaus increased their price target on Travel + Leisure from $59.00 to $66.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley initiated coverage on Travel + Leisure in a research report on Monday, January 6th. They issued an “overweight” rating and a $67.00 price objective on the stock. Finally, Barclays upped their price objective on Travel + Leisure from $41.00 to $48.00 and gave the company an “underweight” rating in a research note on Friday, December 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Travel + Leisure presently has an average rating of “Moderate Buy” and a consensus price target of $59.55.

Insider Activity at Travel + Leisure

In other news, insider Geoffrey Richards sold 4,607 shares of Travel + Leisure stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $54.25, for a total value of $249,929.75. Following the completion of the transaction, the insider now owns 120,602 shares in the company, valued at $6,542,658.50. This trade represents a 3.68 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.02% of the stock is currently owned by company insiders.

Travel + Leisure Price Performance

Shares of NYSE TNL opened at $57.55 on Friday. The stock has a market capitalization of $3.94 billion, a PE ratio of 9.77, a P/E/G ratio of 0.63 and a beta of 1.64. Travel + Leisure Co. has a one year low of $39.78 and a one year high of $57.57. The business’s fifty day moving average price is $52.73 and its 200-day moving average price is $48.65.

About Travel + Leisure

Travel + Leisure Co, together with its subsidiaries, provides hospitality services and travel products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers, as well as provides consumer financing in connection with the sale of VOIs; and property management services at resorts.