Cubist Systematic Strategies LLC owns Travel + Leisure Co. for $5.52 million (NYSE:TNL)

The most recent Form 13F filing that Cubist Systematic Strategies LLC made with the Securities and Exchange Commission revealed that the company’s holdings in Travel + Leisure Co (NYSE: TNL) were reduced by 31.8% in the third quarter.

The company provided this information.

The company had 161,690 shares of stock at the beginning of that period after having sold 75,407 shares of stock during that period.

In the third quarter, the company’s holdings in Travel + Leisure Co (NYSE: TNL) were reduced by 31.8% from the previous quarter. Commission.

A total of 75,407 shares of the company’s stock were sold during that period, bringing the total number of shares held by the corporation to 161,690. Cubist Systematic Strategies LLC held approximately 0.20% of Travel + Leisure’s stock after the most recent reporting period, valued at $5,517,000.

In addition, several significant investors have bought and sold company shares within the past few months.

During the first three months of 2018, Cetera Advisor Networks LLC made a 3.7% purchase of additional Travel + Leisure stock, bringing the total amount of the company’s holdings to 100%. Cetera Advisor Networks LLC increased the total number of shares it owns in the company by 235 during the most recent quarter, bringing the total number of shares it owns to 6,652, with a value of $385,000.

During the second quarter of this year, LPL Financial LLC increased the percentage of Travel & Leisure in its portfolio by 0.7%.

LPL Financial LLC now has a total of 34,634 shares of the company’s stock, which is an increase of 236 shares from their previous tally.

The value of these shares, based on the current market price, is $1,344,000.

During the second quarter, Capital Analysts LLC completed a 22.9% increase in Travel + Leisure stock held in its portfolio. Capital Analysts LLC now has a total of 1,338 shares, valued at $52,000, thanks to the purchase of an additional 249 shares during the most recent quarter.

These shares were acquired for a total price of $52,000.

The percentage of Travel + Leisure stock owned by Prudential Financial INC increased by 3.8% during the first three months of 2018.

During the reporting period, Prudential Financial INC purchased an additional 259 shares of the company’s stock, bringing the total number of shares of the company’s stock that it has purchased to 7,157, with a value of $414,000 per share.
Last but not least, during the second quarter, Quadrant Capital Group LLC increased the amount of Travel + Leisure stock owned by 47.1%.

This certainly should not be considered the least important item.

The most recent quarter saw Quadrant Capital Group LLC acquire an additional 286 shares.

This brings the total number of shares that the company owns in the enterprise to 893, with a value of $35,000.

Institutional investors own the company’s stock to the extent of 88.54 percent.
Many research organizations have come together to produce studies and reports on TNL.

In a report published on Friday, February 3, Jefferies Financial Group lowered their price target on Travel + Leisure stock from $71.00 to $49.00.

It downgraded the stock from a “buy” rating to a “hold” rating.

Both actions were taken in response to the stock’s recent performance.

This is where you can find the analysis.

In a research report published on February 23, Credit Suisse Group raised their price target on Travel & Leisure stocks from $31.00 to $36.00 and upgraded the stock from an “underperform” rating to a “neutral” rating.

Deutsche Bank Aktiengesellschaft raised its price objective on shares of Travel + Leisure from $62.00 to $69.00 in a report made public on Thursday, February 23.

In a research note published on Tuesday, November 15, Truist Financial categorized Travel + Leisure as a “buy” and decreased their target price from $72.00 to $60.00.

This was the third and final change, and it was also the most significant.

Three analysts think that investors should maintain their current positions; two experts believe investors should purchase the stock; and one analyst believes investors should sell it.

According to the data collected from Bloomberg.com, the company currently has an average “Hold” rating, and its average price target is $53.00.
On Friday, trading began on the New York Stock Exchange (NYSE) for TNL for $42.45 per share.

The company’s market capitalization is $3.29 billion, and it has a price-to-earnings ratio of 9.99.

Additionally, its beta value is 1.67.

The lowest point in the past year for Travel + Leisure Co was $33.57, and the highest point in the past year for the company was $59.99.

The current price of the stock, which is trading at $40.57, is higher than its 50-day simple moving average, which is $39.65.

On February 22, shareholders of Travel + Leisure (NYSE: TNL) were given access to the company’s most recent quarterly earnings report.

The company’s earnings per share for the quarter came in at $1.30, which is $0.08 more than the consensus estimate among financial analysts, which was $1.22.

The revenue forecasts offered by the analysts for the upcoming quarter ranged from $913.96 million to $899.00 million as a range of possible outcomes.

Travel + Leisure had a return on equity that was negative 43.99%, and the company’s net margin was 10.01%. Compared to the same quarter in the prior year, Travel + Leisure saw a 3.3% increase in the revenue it brought in.

The company posted earnings of $1.19 per share during the same period the year before when compared to the current year.

Industry analysts project that Travel + Leisure Company will bring in $5.31 per share earnings this year.

In related news about Travel + Leisure, director George Herrera recently sold 882 shares of the company’s stock on December 13.

This is another recent development in the story.

The cost of purchasing all of the shares totaled $34,027.56, which works out to a price of $38.58 per share on average.

The director is now the direct owner of 40,320 shares of the company’s stock, which together have an approximate value of $1,555,545.60 due to the successful completion of the transaction. One can find a copy of the case file in which the transaction was disclosed on the Securities and Exchange Commission (SEC) website.

The file contains information about the transaction.

The current percentage of the company’s stock owned by company insiders is 2.07%.

Around twenty unique resorts, travel clubs, and lifestyle travel companies all fall under the umbrella of the membership and leisure travel company known as Travel + Leisure Co This company is the parent organization for all these travel-related businesses.

Through the provision of the following goods and services, it provides its owners, members, and subscribers with the opportunity to take enjoyable vacations and with ideas for exciting travel destinations: The Travel + Leisure Group is a company that offers a variety of travel-related services, including online booking services, travel publications (both online and in print), and other travel-related publications and services. Wyndham Destinations is a vacation ownership company with 230 different vacation club resort locations worldwide.

Panorama is a membership travel company that provides:
Subscription travel brands.
Travel technology is at the forefront of its industry.
A service that allows users to exchange vacations.