Wilmington Savings Fund Society FSB Grows Holdings in Travel + Leisure Co. (NYSE:TNL)

Wilmington Savings Fund Society FSB grew its stake in shares of Travel + Leisure Co. (NYSE:TNL) by 3,454.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,261 shares of the company’s stock after buying an additional 5,113 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Travel + Leisure were worth $265,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Barclays PLC raised its position in Travel + Leisure by 80.4% during the third quarter. Barclays PLC now owns 225,326 shares of the company’s stock valued at $10,383,000 after purchasing an additional 100,440 shares in the last quarter. Versor Investments LP increased its position in shares of Travel + Leisure by 45.4% during the 3rd quarter. Versor Investments LP now owns 40,290 shares of the company’s stock valued at $1,857,000 after purchasing an additional 12,585 shares during the last quarter. FMR LLC raised its holdings in shares of Travel + Leisure by 28.5% during the 3rd quarter. FMR LLC now owns 261,599 shares of the company’s stock valued at $12,054,000 after buying an additional 58,008 shares in the last quarter. Oak Thistle LLC bought a new stake in Travel + Leisure in the 4th quarter worth approximately $1,288,000. Finally, International Assets Investment Management LLC boosted its stake in Travel + Leisure by 4,532.8% in the third quarter. International Assets Investment Management LLC now owns 5,374 shares of the company’s stock worth $248,000 after buying an additional 5,258 shares in the last quarter. 87.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on the stock. Stifel Nicolaus lifted their price target on shares of Travel + Leisure from $59.00 to $66.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Truist Financial lifted their target price on shares of Travel + Leisure from $60.00 to $61.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. JPMorgan Chase & Co. upped their price target on shares of Travel + Leisure from $56.00 to $63.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Tigress Financial lifted their price objective on Travel + Leisure from $58.00 to $64.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Morgan Stanley began coverage on Travel + Leisure in a report on Monday, January 6th. They set an “overweight” rating and a $67.00 target price for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $59.55.

Travel + Leisure Stock Performance

TNL opened at $55.25 on Wednesday. The stock’s 50 day moving average price is $52.74 and its 200-day moving average price is $48.87. Travel + Leisure Co. has a 52-week low of $39.78 and a 52-week high of $57.62. The stock has a market capitalization of $3.78 billion, a PE ratio of 9.38, a price-to-earnings-growth ratio of 0.66 and a beta of 1.64.

Insider Buying and Selling at Travel + Leisure

In other Travel + Leisure news, insider Geoffrey Richards sold 9,400 shares of Travel + Leisure 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 of the company’s stock, valued at approximately $6,289,585.12. The trade was a 7.79 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.02% of the company’s stock.

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.