Sanctuary Advisors LLC Acquires 1,285 Shares of Travel + Leisure Co. (NYSE:TNL)

Sanctuary Advisors LLC raised its holdings in shares of Travel + Leisure Co. (NYSE:TNL) by 7.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,835 shares of the company’s stock after purchasing an additional 1,285 shares during the quarter. Sanctuary Advisors LLC’s holdings in Travel + Leisure were worth $984,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Versant Capital Management Inc increased its stake in Travel + Leisure by 49.2% during the 4th quarter. Versant Capital Management Inc now owns 637 shares of the company’s stock valued at $32,000 after purchasing an additional 210 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Travel + Leisure by 314.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 663 shares of the company’s stock worth $33,000 after acquiring an additional 503 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Travel + Leisure by 36.9% in the 4th quarter. UMB Bank n.a. now owns 757 shares of the company’s stock worth $38,000 after acquiring an additional 204 shares in the last quarter. Brooklyn Investment Group bought a new stake in shares of Travel + Leisure in 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.

Wall Street Analysts Forecast Growth

TNL has been the subject of several recent analyst reports. Tigress Financial upped their target price on shares of 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 upped their target price on shares of Travel + Leisure from $59.00 to $66.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Mizuho reiterated a “neutral” rating and issued a $64.00 target price (up previously from $55.00) on shares of Travel + Leisure in a research note on Thursday, February 20th. Bank of America upgraded shares of Travel + Leisure from an “underperform” rating to a “buy” rating and upped their target price for the stock from $40.00 to $60.00 in a research note on Monday, January 27th. Finally, The Goldman Sachs Group boosted their price target on shares of Travel + Leisure from $49.00 to $59.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

Travel + Leisure Stock Up 0.8 %

NYSE TNL opened at $56.30 on Thursday. The company has a market cap of $3.75 billion, a PE ratio of 9.64, a price-to-earnings-growth ratio of 0.67 and a beta of 1.64. Travel + Leisure Co. has a 52 week low of $39.91 and a 52 week high of $58.95. The firm’s 50-day simple moving average is $53.34 and its two-hundred day simple moving average is $49.85.

Travel + Leisure (NYSE:TNL) last released its quarterly earnings data on Wednesday, February 19th. The company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.68 by $0.04. The business had revenue of $971.00 million for the quarter, compared to the consensus estimate of $958.87 million. Travel + Leisure had a net margin of 10.63% and a negative return on equity of 45.75%. The company’s revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.98 earnings per share. As a group, equities research analysts anticipate that Travel + Leisure Co. will post 6.46 EPS for the current year.

Travel + Leisure Profile

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.