Copeland Capital Management LLC Has $78.98 Million Holdings in Travel + Leisure Co. (NYSE:TNL)

Copeland Capital Management LLC grew its stake in shares of Travel + Leisure Co. (NYSE:TNL - Free Report) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,565,581 shares of the company's stock after acquiring an additional 12,111 shares during the quarter. Travel + Leisure comprises about 1.5% of Copeland Capital Management LLC's holdings, making the stock its 16th largest position. Copeland Capital Management LLC owned 2.29% of Travel + Leisure worth $78,984,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of TNL. Gries Financial LLC boosted its holdings in shares of Travel + Leisure by 5.5% in the 4th quarter. Gries Financial LLC now owns 5,074 shares of the company's stock valued at $256,000 after purchasing an additional 265 shares during the last quarter. Foster & Motley Inc. lifted its position in Travel + Leisure by 176.5% during the 4th quarter. Foster & Motley Inc. now owns 28,663 shares of the company's stock worth $1,446,000 after acquiring an additional 18,297 shares in the last quarter. R Squared Ltd acquired a new position in Travel + Leisure during the 4th quarter worth approximately $135,000. KBC Group NV grew its position in Travel + Leisure by 30.1% in the fourth quarter. KBC Group NV now owns 2,893 shares of the company's stock valued at $146,000 after acquiring an additional 669 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Travel + Leisure by 17.6% during the fourth quarter. Blue Trust Inc. now owns 2,996 shares of the company's stock valued at $138,000 after purchasing an additional 449 shares during the period. 87.54% of the stock is owned by institutional investors and hedge funds.

Travel + Leisure Stock Up 1.0 %

Shares of TNL traded up $0.53 during mid-day trading on Wednesday, hitting $55.62. 233,975 shares of the company's stock were exchanged, compared to its average volume of 482,036. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 0.63 and a beta of 1.64. Travel + Leisure Co. has a twelve month low of $39.73 and a twelve month high of $56.91. The firm has a fifty day moving average of $52.69 and a two-hundred day moving average of $48.54.

Insider Activity at Travel + Leisure

In other news, insider Geoffrey Richards sold 9,400 shares of the business'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 transaction of $531,664.00. Following the sale, the insider now directly owns 111,202 shares in the company, valued at approximately $6,289,585.12. The trade was a 7.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 4.02% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Barclays boosted their price objective on shares of Travel + Leisure from $41.00 to $48.00 and gave the stock an "underweight" rating in a report on Friday, December 13th. JPMorgan Chase & Co. raised their price target on shares of Travel + Leisure from $56.00 to $63.00 and gave the stock an "overweight" rating in a research report on Friday, December 13th. Stifel Nicolaus upped their price target on shares of Travel + Leisure from $59.00 to $66.00 and gave the company a "buy" rating in a report on Tuesday, November 26th. Tigress Financial increased their price target 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. Finally, The Goldman Sachs Group increased their target price on Travel + Leisure from $49.00 to $59.00 and gave the stock a "neutral" rating in a report on Tuesday, December 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $59.55.

Travel + Leisure Company 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.