Travel + Leisure Co. (NYSE:TNL) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its stake in shares of Travel + Leisure Co. (NYSE:TNL) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,895 shares of the company’s stock after selling 1,384 shares during the period. Yousif Capital Management LLC’s holdings in Travel + Leisure were worth $1,306,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC acquired a new position in Travel + Leisure in the 2nd quarter worth approximately $283,000. CWM LLC lifted its stake in shares of Travel + Leisure by 103.5% in the 3rd quarter. CWM LLC now owns 13,087 shares of the company’s stock valued at $603,000 after purchasing an additional 6,657 shares during the period. Blue Trust Inc. boosted its holdings in Travel + Leisure by 898.8% during the third quarter. Blue Trust Inc. now owns 2,547 shares of the company’s stock worth $115,000 after buying an additional 2,292 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Travel + Leisure by 454.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 3,488 shares of the company’s stock valued at $161,000 after buying an additional 2,859 shares during the period. Finally, Copeland Capital Management LLC increased its holdings in Travel + Leisure by 0.9% in the third quarter. Copeland Capital Management LLC now owns 1,553,470 shares of the company’s stock valued at $71,584,000 after buying an additional 13,870 shares in the last quarter. 87.54% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on TNL. Bank of America upgraded Travel + Leisure from an “underperform” rating to a “buy” rating and boosted their price objective for the company from $40.00 to $60.00 in a research report on Monday, January 27th. Stifel Nicolaus lifted their price objective on Travel + Leisure from $59.00 to $66.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. The Goldman Sachs Group boosted their price objective on Travel + Leisure from $49.00 to $59.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Morgan Stanley started coverage on shares of Travel + Leisure in a research note on Monday, January 6th. They set an “overweight” rating and a $67.00 target price on the stock. Finally, Tigress Financial increased their price objective on shares of Travel + Leisure from $58.00 to $64.00 and gave the company a “buy” rating in a report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.50.

Travel + Leisure Stock Performance

TNL opened at $56.12 on Friday. Travel + Leisure Co. has a one year low of $39.88 and a one year high of $57.62. The stock has a market capitalization of $3.84 billion, a PE ratio of 9.53, a P/E/G ratio of 0.66 and a beta of 1.64. The business’s 50 day moving average price is $52.76 and its 200 day moving average price is $48.96.

Insider Transactions at Travel + Leisure

In other news, insider Geoffrey Richards sold 9,400 shares of Travel + Leisure stock in a transaction on Monday, November 25th. The stock was sold at an average price of $56.56, for a total value of $531,664.00. Following the completion of the sale, the insider now directly owns 111,202 shares of the company’s stock, valued at approximately $6,289,585.12. The trade was a 7.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.02% of the company’s stock.

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.