Canyon Capital Advisors LLC Sells 135,480 Shares of ClubCorp Holdings Inc (NYSE:MYCC)

Canyon Capital Advisors LLC cut its holdings in shares of ClubCorp Holdings Inc (NYSE:MYCC) by 5.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,439,313 shares of the company’s stock after selling 135,480 shares during the period. ClubCorp Holdings makes up about 0.5% of Canyon Capital Advisors LLC’s portfolio, making the stock its 24th largest holding. Canyon Capital Advisors LLC owned 3.72% of ClubCorp Holdings worth $31,955,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. BNP Paribas Arbitrage SA lifted its stake in ClubCorp Holdings by 591.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,866 shares of the company’s stock valued at $116,000 after buying an additional 7,584 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in ClubCorp Holdings in the 2nd quarter valued at about $130,000. Stevens Capital Management LP purchased a new position in ClubCorp Holdings in the 2nd quarter valued at about $153,000. Jane Street Group LLC purchased a new position in ClubCorp Holdings in the 1st quarter valued at about $284,000. Finally, Quantbot Technologies LP lifted its stake in ClubCorp Holdings by 300.4% in the 2nd quarter. Quantbot Technologies LP now owns 20,194 shares of the company’s stock valued at $264,000 after buying an additional 15,150 shares in the last quarter. Hedge funds and other institutional investors own 96.31% of the company’s stock.

Several research firms have recently commented on MYCC. Jefferies Group LLC reiterated a “buy” rating and issued a $27.00 target price on shares of ClubCorp Holdings in a report on Wednesday, June 21st. Zacks Investment Research downgraded shares of ClubCorp Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. BidaskClub upgraded shares of ClubCorp Holdings from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. MKM Partners downgraded shares of ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 price target for the company. in a research note on Thursday, July 20th. Finally, Stifel Nicolaus downgraded shares of ClubCorp Holdings from a “buy” rating to a “hold” rating and dropped their price target for the stock from $18.00 to $17.00 in a research note on Wednesday, July 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. ClubCorp Holdings has a consensus rating of “Hold” and an average price target of $19.50.

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Shares of ClubCorp Holdings Inc (NYSE MYCC) traded down 0.29% on Tuesday, hitting $17.10. 1,318,771 shares of the stock were exchanged. The firm’s market cap is $1.12 billion. ClubCorp Holdings Inc has a one year low of $10.80 and a one year high of $17.60. The firm’s 50 day moving average price is $17.02 and its 200 day moving average price is $15.23.

ClubCorp Holdings (NYSE:MYCC) last released its quarterly earnings data on Thursday, July 20th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.14). ClubCorp Holdings had a net margin of 0.29% and a return on equity of 2.24%. The company had revenue of $276.35 million during the quarter, compared to analyst estimates of $276.51 million. Equities analysts anticipate that ClubCorp Holdings Inc will post $0.30 earnings per share for the current year.

ClubCorp Holdings Company Profile

ClubCorp Holdings, Inc, incorporated on November 10, 2010, is engaged in membership-based leisure business. The Company is also the owner-operator of private golf and country clubs, and business, sports and alumni clubs in North America. The Company operates through two segments: golf and country clubs, and business, sports and alumni clubs.

Institutional Ownership by Quarter for ClubCorp Holdings (NYSE:MYCC)

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