XTX Topco Ltd Has $1.41 Million Holdings in Travel + Leisure Co. (NYSE:TNL)

XTX Topco Ltd boosted its holdings in Travel + Leisure Co. (NYSE:TNL - Free Report) by 69.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,680 shares of the company's stock after buying an additional 12,585 shares during the period. XTX Topco Ltd's holdings in Travel + Leisure were worth $1,414,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UMB Bank n.a. boosted its stake in Travel + Leisure by 1,948.1% during the 3rd quarter. UMB Bank n.a. now owns 553 shares of the company's stock worth $25,000 after acquiring an additional 526 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Travel + Leisure by 2,759.1% in the second quarter. Allspring Global Investments Holdings LLC now owns 629 shares of the company's stock valued at $28,000 after acquiring an additional 607 shares during the period. Family Firm Inc. bought a new stake in shares of Travel + Leisure in the second quarter worth about $31,000. Larson Financial Group LLC acquired a new stake in shares of Travel + Leisure during the second quarter worth about $36,000. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Travel + Leisure during the 2nd quarter valued at about $38,000. 87.54% of the stock is currently owned by institutional investors.

Insider Activity at Travel + Leisure

In related news, insider Amandine Robin-Caplan sold 3,246 shares of the stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $41.84, for a total value of $135,812.64. Following the sale, the insider now owns 24,491 shares in the company, valued at approximately $1,024,703.44. This represents a 11.70 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George Herrera sold 2,193 shares of the company's stock in a transaction on Tuesday, September 17th. The shares were sold at an average price of $42.48, for a total transaction of $93,158.64. Following the completion of the transaction, the director now owns 6,352 shares in the company, valued at approximately $269,832.96. This represents a 25.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,455 shares of company stock worth $5,075,834. Insiders own 4.02% of the company's stock.

Travel + Leisure Stock Performance

NYSE TNL traded down $1.36 during trading hours on Monday, hitting $53.94. 459,934 shares of the company traded hands, compared to its average volume of 583,335. The business's 50-day moving average is $50.52 and its 200-day moving average is $46.40. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 9.16, a P/E/G ratio of 0.80 and a beta of 1.63. Travel + Leisure Co. has a twelve month low of $36.77 and a twelve month high of $56.91.

Travel + Leisure (NYSE:TNL - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.49 by $0.08. Travel + Leisure had a negative return on equity of 48.06% and a net margin of 10.99%. The company had revenue of $993.00 million during the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the prior year, the firm posted $1.54 EPS. The firm's revenue for the quarter was up .7% compared to the same quarter last year. Analysts predict that Travel + Leisure Co. will post 5.75 EPS for the current year.

Travel + Leisure Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.71%. Travel + Leisure's payout ratio is 33.96%.

Analyst Ratings Changes

Several analysts have commented on TNL shares. Tigress Financial raised their target price on shares of Travel + Leisure from $58.00 to $64.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Truist Financial boosted their price objective on shares of Travel + Leisure from $60.00 to $61.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Stifel Nicolaus increased their target price 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 target on Travel + Leisure from $44.00 to $49.00 and gave the company a "neutral" rating in a report on Thursday, October 24th. Finally, Barclays increased their price objective on Travel + Leisure from $40.00 to $41.00 and gave the stock an "underweight" rating in a report on Thursday, October 24th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $56.80.

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.