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

Sanctuary Advisors LLC increased its stake in Travel + Leisure Co. (NYSE:TNL) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,835 shares of the company’s stock after purchasing an additional 1,285 shares during the period. Sanctuary Advisors LLC’s holdings in Travel + Leisure were worth $984,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Copeland Capital Management LLC increased its position in shares of Travel + Leisure by 0.8% in the fourth quarter. Copeland Capital Management LLC now owns 1,565,581 shares of the company’s stock worth $78,984,000 after purchasing an additional 12,111 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Travel + Leisure by 21.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 792,979 shares of the company’s stock worth $36,540,000 after purchasing an additional 138,153 shares during the last quarter. Iridian Asset Management LLC CT increased its position in shares of Travel + Leisure by 1.3% in the third quarter. Iridian Asset Management LLC CT now owns 534,156 shares of the company’s stock worth $24,614,000 after purchasing an additional 6,757 shares during the last quarter. Algert Global LLC increased its position in shares of Travel + Leisure by 168.9% in the third quarter. Algert Global LLC now owns 319,279 shares of the company’s stock worth $14,712,000 after purchasing an additional 200,549 shares during the last quarter. Finally, Loomis Sayles & Co. L P increased its position in shares of Travel + Leisure by 1.3% in the third quarter. Loomis Sayles & Co. L P now owns 291,052 shares of the company’s stock worth $13,412,000 after purchasing an additional 3,841 shares during the last quarter. 87.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on TNL. Mizuho restated a “neutral” rating and issued a $64.00 price objective (up from $55.00) on shares of Travel + Leisure in a research report on Thursday, February 20th. The Goldman Sachs Group upped their price objective on shares of Travel + Leisure from $49.00 to $59.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Stifel Nicolaus lifted their target price on shares of Travel + Leisure from $59.00 to $66.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Tigress Financial boosted their price target 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. Finally, Barclays boosted their price target on shares of Travel + Leisure from $48.00 to $54.00 and gave the stock an “underweight” rating in a research note on Thursday, February 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Travel + Leisure Trading Up 0.8 %

Shares of NYSE:TNL opened at $56.30 on Thursday. The company has a market cap of $3.75 billion, a price-to-earnings ratio of 9.64, a price-to-earnings-growth ratio of 0.67 and a beta of 1.64. The company has a 50-day moving average price of $53.34 and a 200-day moving average price of $49.85. Travel + Leisure Co. has a 12 month low of $39.91 and a 12 month high of $58.95.

Travel + Leisure (NYSE:TNL) last issued 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 firm had revenue of $971.00 million during 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 quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.98 earnings per share. As a group, research analysts forecast that Travel + Leisure Co. will post 6.46 EPS for the current fiscal 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.