ClubCorp Holdings, Inc. (NYSE:MYCC) has received an average recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $19.50.

A number of equities analysts recently commented on MYCC shares. Jefferies Group LLC restated a “buy” rating and set a $27.00 target price on shares of ClubCorp Holdings in a report on Wednesday, June 21st. BidaskClub upgraded ClubCorp Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Stifel Nicolaus cut ClubCorp Holdings from a “buy” rating to a “hold” rating and lowered their target price for the company from $18.00 to $17.00 in a report on Wednesday, July 26th. MKM Partners cut ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a report on Thursday, July 20th. Finally, Zacks Investment Research cut ClubCorp Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of ClubCorp Holdings by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 5,177,798 shares of the company’s stock valued at $67,829,000 after buying an additional 140,430 shares during the period. Boston Partners boosted its stake in shares of ClubCorp Holdings by 2.8% in the 2nd quarter. Boston Partners now owns 3,205,679 shares of the company’s stock valued at $41,995,000 after buying an additional 86,196 shares during the period. Deprince Race & Zollo Inc. boosted its stake in shares of ClubCorp Holdings by 21.9% in the 2nd quarter. Deprince Race & Zollo Inc. now owns 3,140,001 shares of the company’s stock valued at $41,134,000 after buying an additional 563,194 shares during the period. Jennison Associates LLC boosted its stake in shares of ClubCorp Holdings by 2.4% in the 2nd quarter. Jennison Associates LLC now owns 3,096,886 shares of the company’s stock valued at $40,569,000 after buying an additional 73,990 shares during the period. Finally, Voya Investment Management LLC boosted its stake in shares of ClubCorp Holdings by 34.4% in the 2nd quarter. Voya Investment Management LLC now owns 2,630,956 shares of the company’s stock valued at $34,466,000 after buying an additional 673,064 shares during the period. Institutional investors and hedge funds own 96.31% of the company’s stock.

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ClubCorp Holdings (NYSE:MYCC) traded down 0.29% during mid-day trading on Thursday, reaching $17.10. 1,318,771 shares of the company were exchanged. The stock’s market capitalization is $1.12 billion. ClubCorp Holdings has a 1-year low of $10.80 and a 1-year high of $17.60. The stock’s 50-day moving average price is $17.02 and its 200-day moving average price is $15.23.

ClubCorp Holdings (NYSE:MYCC) last announced its earnings results on Thursday, July 20th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.14). ClubCorp Holdings had a negative net margin of 0.04% and a positive return on equity of 9.50%. The firm had revenue of $276.35 million for the quarter, compared to analysts’ expectations of $276.51 million. On average, equities research analysts anticipate that ClubCorp Holdings will post $0.30 EPS for the current fiscal year.

About ClubCorp Holdings

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.

Analyst Recommendations for ClubCorp Holdings (NYSE:MYCC)

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