Cookson Peirce & Co. Inc. Has $589,000 Position in Travel + Leisure Co. (NYSE:TNL)

Cookson Peirce & Co. Inc. boosted its holdings in Travel + Leisure Co. (NYSE:TNL) by 13.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,684 shares of the company’s stock after buying an additional 1,409 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Travel + Leisure were worth $589,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Copeland Capital Management LLC lifted its holdings in Travel + Leisure by 0.8% in the fourth quarter. Copeland Capital Management LLC now owns 1,565,581 shares of the company’s stock valued at $78,984,000 after buying an additional 12,111 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Travel + Leisure by 15.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 915,152 shares of the company’s stock valued at $46,169,000 after buying an additional 122,173 shares during the period. Bank of New York Mellon Corp lifted its holdings in Travel + Leisure by 5.3% in the fourth quarter. Bank of New York Mellon Corp now owns 905,667 shares of the company’s stock valued at $45,691,000 after buying an additional 45,447 shares during the period. Algert Global LLC lifted its holdings in Travel + Leisure by 168.9% in the third quarter. Algert Global LLC now owns 319,279 shares of the company’s stock valued at $14,712,000 after buying an additional 200,549 shares during the period. Finally, Loomis Sayles & Co. L P lifted its holdings in Travel + Leisure by 1.3% in the third quarter. Loomis Sayles & Co. L P now owns 291,052 shares of the company’s stock valued at $13,412,000 after buying an additional 3,841 shares during the period. 87.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TNL has been the topic of several analyst reports. Stifel Nicolaus increased their price objective 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. Mizuho reiterated a “neutral” rating and issued a $64.00 target price (up from $55.00) on shares of Travel + Leisure in a report on Thursday, February 20th. Truist Financial increased their target price on shares of Travel + Leisure from $60.00 to $61.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. increased their target price on shares of Travel + Leisure from $56.00 to $63.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Finally, Bank of America upgraded shares of Travel + Leisure from an “underperform” rating to a “buy” rating and increased their target price for the stock from $40.00 to $60.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.

Travel + Leisure Stock Up 2.0 %

Shares of TNL stock opened at $54.89 on Thursday. The firm has a fifty day moving average of $53.68 and a 200-day moving average of $50.26. Travel + Leisure Co. has a 12-month low of $39.91 and a 12-month high of $58.95. The company has a market capitalization of $3.66 billion, a price-to-earnings ratio of 9.40, a P/E/G ratio of 0.67 and a beta of 1.61.

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 the consensus estimate of $1.68 by $0.04. Travel + Leisure had a net margin of 10.63% and a negative return on equity of 45.75%. The company had revenue of $971.00 million during the quarter, compared to the consensus estimate of $958.87 million. During the same quarter in the prior year, the firm earned $1.98 earnings per share. The firm’s revenue was up 3.9% compared to the same quarter last year. On average, equities analysts expect that Travel + Leisure Co. will post 6.46 EPS for the current 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.