Travel + Leisure Co. (NYSE:TNL) Stock Holdings Boosted by Venturi Wealth Management LLC

Venturi Wealth Management LLC increased its position in Travel + Leisure Co. (NYSE:TNL) by 114.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,366 shares of the company’s stock after buying an additional 2,865 shares during the quarter. Venturi Wealth Management LLC’s holdings in Travel + Leisure were worth $271,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Versant Capital Management Inc boosted its position in shares of 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 boosted its holdings in Travel + Leisure by 314.4% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 663 shares of the company’s stock worth $33,000 after buying an additional 503 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Travel + Leisure by 36.9% in the fourth quarter. UMB Bank n.a. now owns 757 shares of the company’s stock valued at $38,000 after buying an additional 204 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Travel + Leisure during the 3rd quarter valued at $43,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of Travel + Leisure during the 3rd quarter worth $44,000. Institutional investors own 87.54% of the company’s stock.

Travel + Leisure Stock Down 1.1 %

TNL stock opened at $57.23 on Friday. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 9.72, a P/E/G ratio of 0.66 and a beta of 1.64. The firm has a 50 day moving average of $53.05 and a two-hundred day moving average of $49.38. 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.04. Travel + Leisure had a net margin of 10.99% and a negative return on equity of 48.06%. The firm had revenue of $971.00 million during the quarter, compared to analysts’ expectations of $958.87 million. During the same period in the prior year, the company posted $1.98 earnings per share. Travel + Leisure’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, research analysts expect that Travel + Leisure Co. will post 5.75 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on TNL. Barclays increased their price target on Travel + Leisure from $48.00 to $54.00 and gave the company an “underweight” rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Travel + Leisure from $56.00 to $63.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Tigress Financial lifted their price objective on shares of Travel + Leisure from $58.00 to $64.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. The Goldman Sachs Group lifted their price target on Travel + Leisure from $49.00 to $59.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Finally, Bank of America upgraded Travel + Leisure from an “underperform” rating to a “buy” rating and raised their price objective for the stock from $40.00 to $60.00 in a research report on Monday, January 27th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

Insider Transactions at Travel + Leisure

In related news, insider Geoffrey Richards sold 9,400 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now directly owns 111,202 shares of the company’s stock, valued at approximately $6,289,585.12. This trade represents a 7.79 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 4.02% of the stock is currently owned by corporate insiders.

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.