ClubCorp Holdings, Inc. (NYSE:MYCC) was downgraded by Stifel Nicolaus from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday. They currently have a $17.00 target price on the stock, down from their prior target price of $18.00. Stifel Nicolaus’ price objective suggests a potential upside of 0.59% from the company’s current price.

A number of other research firms have also commented on MYCC. Jefferies Group LLC set a $27.00 price target on shares of ClubCorp Holdings and gave the company a “buy” rating in a report on Friday, June 2nd. Imperial Capital decreased their price objective on shares of ClubCorp Holdings from $21.00 to $17.00 and set an “outperform” rating for the company in a report on Thursday, April 13th. MKM Partners lowered shares of ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 price objective for the company. in a report on Thursday, July 20th. FBR & Co decreased their price objective on shares of ClubCorp Holdings from $23.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, April 13th. Finally, Zacks Investment Research upgraded shares of ClubCorp Holdings from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a report on Thursday, June 29th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $18.33.

ClubCorp Holdings (MYCC) traded up 0.444% during trading on Wednesday, hitting $16.975. 1,374,262 shares of the stock traded hands. ClubCorp Holdings has a 12 month low of $10.80 and a 12 month high of $17.60. The company has a 50-day moving average price of $14.49 and a 200-day moving average price of $15.11. The stock’s market cap is $1.11 billion.

ClubCorp Holdings (NYSE:MYCC) last announced its quarterly earnings data on Thursday, July 20th. The company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.14. The business had revenue of $276.35 million during the quarter, compared to the consensus estimate of $276.51 million. ClubCorp Holdings had a positive return on equity of 9.50% and a negative net margin of 0.04%. Equities research analysts expect that ClubCorp Holdings will post $0.35 EPS for the current year.

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Several hedge funds have recently made changes to their positions in MYCC. Ranger Global Real Estate Advisors LLC bought a new stake in shares of ClubCorp Holdings during the first quarter worth about $11,344,000. Kennedy Capital Management Inc. increased its stake in shares of ClubCorp Holdings by 77.2% in the first quarter. Kennedy Capital Management Inc. now owns 1,448,222 shares of the company’s stock worth $23,244,000 after buying an additional 630,849 shares during the last quarter. Granite Investment Partners LLC bought a new stake in shares of ClubCorp Holdings during the first quarter worth about $8,869,000. Chescapmanager LLC boosted its position in shares of ClubCorp Holdings by 92.7% in the first quarter. Chescapmanager LLC now owns 854,112 shares of the company’s stock valued at $13,708,000 after buying an additional 410,913 shares during the period. Finally, Norges Bank acquired a new position in shares of ClubCorp Holdings during the fourth quarter valued at $5,557,000. 95.72% of the stock is currently owned by hedge funds and other institutional investors.

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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