ILG Inc. (NASDAQ:ILG) has received a consensus rating of “Buy” from the nine brokerages that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $30.71.
A number of research firms have recently weighed in on ILG. Zacks Investment Research upgraded shares of ILG from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. SunTrust Banks restated a “buy” rating and set a $30.00 price target on shares of ILG in a report on Friday, November 10th. BidaskClub downgraded shares of ILG from a “buy” rating to a “hold” rating in a report on Friday, November 10th. Oppenheimer raised their price target on shares of ILG from $29.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. Finally, Nomura raised their price target on shares of ILG from $35.00 to $38.00 and gave the company a “buy” rating in a report on Wednesday, November 8th.
ILG (NASDAQ ILG) traded down $0.40 during trading on Thursday, hitting $27.74. 539,500 shares of the stock were exchanged, compared to its average volume of 1,188,672. The company has a market cap of $3,520.00, a P/E ratio of 20.84 and a beta of 1.48. The company has a quick ratio of 1.07, a current ratio of 1.75 and a debt-to-equity ratio of 0.61. ILG has a fifty-two week low of $17.56 and a fifty-two week high of $30.70.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Investors of record on Tuesday, December 5th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, December 4th. This represents a $0.60 annualized dividend and a yield of 2.16%. ILG’s dividend payout ratio (DPR) is presently 59.41%.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Huntington National Bank bought a new position in ILG in the 3rd quarter worth $128,000. Advisor Group Inc. raised its holdings in ILG by 28.0% in the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock worth $137,000 after acquiring an additional 1,119 shares during the period. Creative Planning raised its holdings in ILG by 6.3% in the 2nd quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock worth $146,000 after acquiring an additional 316 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in ILG by 11.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock worth $147,000 after acquiring an additional 550 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new position in ILG in the 3rd quarter worth $215,000. Hedge funds and other institutional investors own 80.30% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This story was first posted by American Banking News and is the property of of American Banking News. If you are reading this story on another website, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/12/07/ilg-inc-ilg-receives-consensus-recommendation-of-buy-from-brokerages.html.
ILG Company Profile
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.
Receive News & Ratings for ILG Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ILG Inc. and related companies with MarketBeat.com's FREE daily email newsletter.