Interval Leisure Group Inc. (IILG) Trading Up 4.6%
Interval Leisure Group Inc. (NASDAQ:IILG) was up 4.6% during mid-day trading on Thursday . The company traded as high as $17.94 and last traded at $17.90, with a volume of 1,364,188 shares changing hands. The stock had previously closed at $17.12.
A number of equities research analysts recently issued reports on IILG shares. MKM Partners started coverage on Interval Leisure Group in a research note on Thursday, April 14th. They issued a “neutral” rating and a $16.50 price objective on the stock. Zacks Investment Research upgraded Interval Leisure Group from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Interval Leisure Group in a research note on Tuesday, April 12th. Finally, TheStreet upgraded Interval Leisure Group from a “hold” rating to a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Interval Leisure Group currently has a consensus rating of “Buy” and an average target price of $26.67.
The company has a market cap of $1.03 billion and a PE ratio of 14.77. The firm’s 50 day moving average is $15.51 and its 200 day moving average is $13.92.
Interval Leisure Group (NASDAQ:IILG) last released its quarterly earnings data on Monday, May 9th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.40 by $0.01. The business had revenue of $185.90 million for the quarter, compared to analysts’ expectations of $190.59 million. During the same period last year, the business earned $0.43 earnings per share. The company’s quarterly revenue was up .7% on a year-over-year basis. On average, equities analysts predict that Interval Leisure Group Inc. will post $1.30 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 21st. Investors of record on Tuesday, June 7th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, June 3rd. This represents a $0.48 annualized dividend and a dividend yield of 2.71%.
In other Interval Leisure Group news, Director Thomas O. Ryder acquired 30,000 shares of the company’s stock in a transaction that occurred on Friday, June 3rd. The shares were bought at an average cost of $14.68 per share, with a total value of $440,400.00. Following the completion of the transaction, the director now directly owns 33,403 shares of the company’s stock, valued at approximately $490,356.04. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Other large investors have added to or reduced their stakes in the company. California State Teachers Retirement System boosted 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. US Bancorp DE boosted 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. Tributary Capital Management LLC acquired a new stake in Interval Leisure Group during the fourth quarter valued at approximately $4,962,000. Schroder Investment Management Group boosted 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. Finally, Wells Fargo & Company MN boosted 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.
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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