ClubCorp Holdings, Inc. (NYSE:MYCC) has received a consensus rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $19.00.

MYCC has been the topic of a number of analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and issued a $18.00 price objective on shares of ClubCorp Holdings in a report on Tuesday, June 6th. BidaskClub raised shares of ClubCorp Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Zacks Investment Research cut shares of ClubCorp Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Jefferies Group LLC set a $27.00 price objective on shares of ClubCorp Holdings and gave the stock a “buy” rating in a report on Friday, June 2nd. Finally, MKM Partners cut shares of ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 price objective on the stock. in a report on Thursday, July 20th.

COPYRIGHT VIOLATION NOTICE: This news story was first published by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/17/clubcorp-holdings-inc-mycc-given-average-recommendation-of-hold-by-analysts.html.

A number of institutional investors and hedge funds have recently made changes to their positions in MYCC. BNP Paribas Arbitrage SA grew its position in ClubCorp Holdings by 591.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 8,866 shares of the company’s stock valued at $116,000 after buying an additional 7,584 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in ClubCorp Holdings in the 2nd quarter valued at about $130,000. Stevens Capital Management LP bought a new position in ClubCorp Holdings in the 2nd quarter valued at about $153,000. Airain ltd bought a new position in ClubCorp Holdings in the 1st quarter valued at about $194,000. Finally, Suntrust Banks Inc. bought a new position in ClubCorp Holdings in the 1st quarter valued at about $232,000. Hedge funds and other institutional investors own 96.29% of the company’s stock.

Shares of ClubCorp Holdings (NYSE:MYCC) traded up 0.29% during mid-day trading on Friday, hitting $17.15. 5,147,829 shares of the stock traded hands. The firm’s 50 day moving average price is $17.01 and its 200-day moving average price is $15.25. The stock’s market cap is $1.12 billion. ClubCorp Holdings has a 12-month low of $10.80 and a 12-month high of $17.60.

ClubCorp Holdings (NYSE:MYCC) last released 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). ClubCorp Holdings had a positive return on equity of 9.50% and a negative net margin of 0.04%. The firm had revenue of $276.35 million during the quarter, compared to analyst estimates of $276.51 million. Analysts predict that ClubCorp Holdings will post $0.24 earnings per share for the current 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)

Receive News & Ratings for ClubCorp Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClubCorp Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.