Universal Beteiligungs und Servicegesellschaft mbH Makes New $4.27 Million Investment in Travel + Leisure Co. (NYSE:TNL)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Travel + Leisure Co. (NYSE:TNL - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 84,602 shares of the company's stock, valued at approximately $4,268,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.13% of Travel + Leisure as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Barclays PLC raised its position in Travel + Leisure by 80.4% in the 3rd quarter. Barclays PLC now owns 225,326 shares of the company's stock valued at $10,383,000 after buying an additional 100,440 shares during the last quarter. Atlas Capital Advisors Inc. raised its holdings in shares of Travel + Leisure by 1,141.0% in the fourth quarter. Atlas Capital Advisors Inc. now owns 11,765 shares of the company's stock valued at $594,000 after purchasing an additional 10,817 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Travel + Leisure in the fourth quarter worth $458,000. Amundi lifted its position in shares of Travel + Leisure by 22.8% in the fourth quarter. Amundi now owns 5,940 shares of the company's stock worth $302,000 after purchasing an additional 1,103 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Travel + Leisure by 4.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 200,787 shares of the company's stock worth $10,130,000 after purchasing an additional 8,374 shares during the last quarter. Institutional investors own 87.54% of the company's stock.

Wall Street Analysts Forecast Growth

TNL has been the topic of several recent research reports. The Goldman Sachs Group lowered their price target on shares of Travel + Leisure from $62.00 to $44.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Morgan Stanley lowered their target price on Travel + Leisure from $61.00 to $52.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Barclays reduced their price target on Travel + Leisure from $54.00 to $39.00 and set an "underweight" rating for the company in a research report on Thursday, April 24th. Truist Financial boosted their price target on Travel + Leisure from $61.00 to $72.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Finally, Tigress Financial increased their price objective on Travel + Leisure from $64.00 to $70.00 and gave the company a "buy" rating in a report on Thursday, March 6th. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Travel + Leisure has an average rating of "Moderate Buy" and a consensus target price of $59.20.

Travel + Leisure Price Performance

NYSE:TNL traded down $0.31 during mid-day trading on Thursday, reaching $48.59. The stock had a trading volume of 481,943 shares, compared to its average volume of 643,161. The stock has a 50-day simple moving average of $45.68 and a two-hundred day simple moving average of $50.29. Travel + Leisure Co. has a 12 month low of $37.77 and a 12 month high of $58.95. The stock has a market capitalization of $3.23 billion, a PE ratio of 8.32, a P/E/G ratio of 0.67 and a beta of 1.37.

Travel + Leisure (NYSE:TNL - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.01. The company had revenue of $934.00 million during the quarter, compared to analysts' expectations of $933.08 million. Travel + Leisure had a negative return on equity of 45.75% and a net margin of 10.63%. Travel + Leisure's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 EPS. Equities analysts expect that Travel + Leisure Co. will post 6.46 EPS for the current year.

Travel + Leisure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.56 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.24 dividend on an annualized basis and a yield of 4.61%. Travel + Leisure's payout ratio is 37.40%.

Insider Activity at Travel + Leisure

In other news, Director George Herrera sold 6,336 shares of the firm's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $46.80, for a total transaction of $296,524.80. Following the completion of the transaction, the director now directly owns 2,759 shares in the company, valued at $129,121.20. This trade represents a 69.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Dean Brown bought 2,000 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were purchased at an average cost of $46.66 per share, with a total value of $93,320.00. Following the transaction, the insider now directly owns 408,706 shares in the company, valued at approximately $19,070,221.96. This trade represents a 0.49% increase in their position. The disclosure for this purchase can be found here. 3.75% of the stock is currently owned by company 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.