Aperio Group LLC Has $1.52 Million Stake in ILG Inc. (ILG)
Aperio Group LLC raised its position in ILG Inc. (NASDAQ:ILG) by 25.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,307 shares of the business services provider’s stock after buying an additional 11,234 shares during the period. Aperio Group LLC’s holdings in ILG were worth $1,520,000 as of its most recent filing with the SEC.
Other large investors have also bought and sold shares of the company. Strs Ohio raised its stake in ILG by 63.6% in the first quarter. Strs Ohio now owns 5,401 shares of the business services provider’s stock worth $113,000 after buying an additional 2,100 shares in the last quarter. Sei Investments Co. raised its stake in ILG by 33.2% in the first quarter. Sei Investments Co. now owns 6,822 shares of the business services provider’s stock worth $143,000 after buying an additional 1,701 shares in the last quarter. Creative Planning raised its stake in ILG by 6.3% in the second quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock worth $146,000 after buying an additional 316 shares in the last quarter. Ameritas Investment Partners Inc. acquired a new stake in ILG during the first quarter worth $205,000. Finally, First Citizens Bank & Trust Co. acquired a new stake in ILG during the first quarter worth $206,000. Institutional investors own 81.97% of the company’s stock.
Shares of ILG Inc. (ILG) traded up 0.55% during midday trading on Friday, reaching $25.63. 1,107,295 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $27.00 and a 200-day moving average of $23.48. ILG Inc. has a 12-month low of $15.94 and a 12-month high of $28.99. The stock has a market capitalization of $3.20 billion, a P/E ratio of 24.67 and a beta of 1.47.
ILG (NASDAQ:ILG) last released its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.01. ILG had a net margin of 7.32% and a return on equity of 11.41%. The firm had revenue of $450 million during the quarter, compared to analysts’ expectations of $432.86 million. ILG’s revenue was up 51.5% compared to the same quarter last year. Analysts anticipate that ILG Inc. will post $1.19 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Stockholders of record on Tuesday, September 5th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, August 31st. This represents a $0.60 annualized dividend and a dividend yield of 2.34%. ILG’s payout ratio is 57.69%.
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ILG has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of ILG from a “hold” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Wednesday, July 5th. Imperial Capital upped their target price on shares of ILG from $22.00 to $30.00 and gave the stock an “outperform” rating in a report on Tuesday, May 30th. CIBC upped their target price on shares of ILG from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Monday, April 24th. Finally, Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $26.00 target price (up previously from $22.00) on shares of ILG in a report on Friday, April 21st. Seven equities research analysts have rated the stock with a buy rating, ILG has a consensus rating of “Buy” and a consensus price target of $26.67.
ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in vacation ownership. The Company operates through two segments: Exchange and Rental, and Vacation Ownership. Its 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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