ClubCorp Holdings, Inc. (NYSE:MYCC) was downgraded by investment analysts at MKM Partners from a “buy” rating to a “neutral” rating in a research note issued to investors on Thursday.

Several other research analysts also recently issued reports on MYCC. Zacks Investment Research upgraded ClubCorp Holdings from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research report on Thursday, June 29th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $18.00 target price on shares of ClubCorp Holdings in a research note on Tuesday, June 6th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $27.00 target price on shares of ClubCorp Holdings in a research note on Wednesday, June 21st. FBR & Co lowered their target price on shares of ClubCorp Holdings from $23.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, April 13th. Finally, Imperial Capital lowered their target price on shares of ClubCorp Holdings from $21.00 to $17.00 and set an “outperform” rating for the company in a research note on Thursday, April 13th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $19.00.

ClubCorp Holdings (NYSE MYCC) traded up 0.147% during midday trading on Thursday, hitting $16.975. The stock had a trading volume of 273,759 shares. The firm has a market cap of $1.12 billion, a P/E ratio of 282.917 and a beta of 1.12. The stock has a 50-day moving average price of $14.20 and a 200 day moving average price of $15.06. ClubCorp Holdings has a 12-month low of $10.80 and a 12-month high of $17.60.

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A number of hedge funds have recently added to or reduced their stakes in MYCC. Princeton Alpha Management LP bought a new stake in shares of ClubCorp Holdings during the first quarter valued at about $175,000. Advisory Services Network LLC bought a new stake in shares of ClubCorp Holdings during the first quarter valued at about $181,000. Airain ltd bought a new stake in shares of ClubCorp Holdings during the first quarter valued at about $194,000. Envestnet Asset Management Inc. boosted its stake in shares of ClubCorp Holdings by 63.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,683 shares of the company’s stock valued at $225,000 after buying an additional 6,066 shares in the last quarter. Finally, Suntrust Banks Inc. bought a new stake in shares of ClubCorp Holdings during the first quarter valued at about $232,000. 94.69% of the stock is owned by hedge funds and other institutional investors.

ClubCorp Holdings Company Profile

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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