Interval Leisure Group Inc. (IILG) Trading Down 1.9%
Interval Leisure Group Inc. (NASDAQ:IILG)’s share price fell 1.9% during mid-day trading on Friday . The company traded as low as $17.35 and last traded at $17.47, with a volume of 1,177,906 shares. The stock had previously closed at $17.81.
A number of research firms recently issued reports on IILG. MKM Partners set a $25.00 price target on Interval Leisure Group and gave the stock a “buy” rating in a report on Friday. Zacks Investment Research lowered Interval Leisure Group from a “hold” rating to a “strong sell” rating in a report on Thursday, July 21st. TheStreet raised Interval Leisure Group from a “hold” rating to a “buy” rating in a report on Thursday, July 14th. Finally, Oppenheimer Holdings Inc. reissued a “buy” rating on shares of Interval Leisure Group in a report on Tuesday, May 10th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $26.67.
The firm has a market cap of $1.02 billion and a P/E ratio of 14.60. The firm’s 50 day moving average price is $16.76 and its 200 day moving average price is $14.25.
Interval Leisure Group (NASDAQ:IILG) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.15. The firm earned $297 million during the quarter, compared to analysts’ expectations of $345.40 million. During the same period in the previous year, the company earned $0.29 earnings per share. The business’s quarterly revenue was up 70.7% on a year-over-year basis. On average, equities research analysts forecast that Interval Leisure Group Inc. will post $1.06 earnings per share for the current fiscal year.
In related news, Director Thomas O. Ryder bought 30,000 shares of the business’s stock in a transaction dated Friday, June 3rd. The shares were acquired at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the purchase, the director now owns 33,403 shares in the company, valued at approximately $490,356.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.
Other large investors recently modified their holdings of the company. Schroder Investment Management Group raised its stake in Interval Leisure Group by 18.7% in the fourth quarter. Schroder Investment Management Group now owns 1,023,700 shares of the company’s stock valued at $15,980,000 after buying an additional 161,200 shares during the period. Van Berkom & Associates Inc. raised its stake in Interval Leisure Group by 21.9% in the fourth quarter. Van Berkom & Associates Inc. now owns 3,174,098 shares of the company’s stock valued at $49,548,000 after buying an additional 569,372 shares during the period. Wells Fargo & Company MN raised its stake in Interval Leisure Group by 16.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,095,980 shares of the company’s stock valued at $32,719,000 after buying an additional 297,836 shares during the period. California State Teachers Retirement System raised its stake in Interval Leisure Group by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 72,536 shares of the company’s stock valued at $1,132,000 after buying an additional 1,257 shares during the period. Finally, US Bancorp DE raised its stake in Interval Leisure Group by 24.0% in the fourth quarter. US Bancorp DE now owns 75,170 shares of the company’s stock valued at $1,174,000 after buying an additional 14,548 shares during the period.
Interval Leisure Group, Inc (ILG) is a provider of non-traditional lodging, encompassing a portfolio of leisure businesses from exchange and vacation rental to vacation ownership. The Company operates through two segments. The Exchange and Rental segment offers access to vacation accommodations and other travel-related transactions and services to leisure travelers, by providing vacation exchange services and vacation rental, working with resort developers and operating vacation rental properties.
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