Tricadia Capital Management adds Interval Leisure Group (IILG) to its portfolio

Interval Leisure Group (IILG) : Tricadia Capital Management added new position in Interval Leisure Group during the most recent quarter end. The investment management firm now holds 200,000 shares of Interval Leisure Group which is valued at $3,492,000 , the company said in a statement filed on Aug 11, 2016 with the SEC.Interval Leisure Group makes up approximately 1.11% of Tricadia Capital Management’s portfolio.

Other Hedge Funds, Including , Old Mutual Customised Solutions (proprietary) Ltd added IILG to its portfolio by purchasing 775 company shares during the most recent quarter which is valued at $13,532.Tower Research Capital (trc) boosted its stake in IILG in the latest quarter, The investment management firm added 12,884 additional shares and now holds a total of 15,882 shares of Interval Leisure Group which is valued at $277,300. Interval Leisure Group makes up approx 0.03% of Tower Research Capital (trc)’s portfolio. Feltz Wealth Plan added IILG to its portfolio by purchasing 32 company shares during the most recent quarter which is valued at $562. Capital Fund Management S.a. sold out all of its stake in IILG during the most recent quarter. The investment firm sold 50,800 shares of IILG which is valued $904,748. Trust Co Of Vermont added IILG to its portfolio by purchasing 1,905 company shares during the most recent quarter which is valued at $33,261.

Interval Leisure Group closed down -0.19 points or -1.06% at $17.67 with 8,38,912 shares getting traded on Tuesday. Post opening the session at $17.85, the shares hit an intraday low of $17.63 and an intraday high of $17.94 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

On the company’s financial health, Interval Leisure Group reported $0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.24. The company had revenue of $297.00 million for the quarter, compared to analysts expectations of $350.03 million. The company’s revenue was up 70.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Many Wall Street Analysts have commented on Interval Leisure Group. Company shares were Upgraded by MKM Partners on Jul 14, 2016 to ” Buy”, Firm has raised the Price Target to $ 25 from a previous price target of $16.50 .

Interval Leisure Group Inc. (ILG) is a global provider of non-traditional lodging encompassing a portfolio of leisure businesses from exchange and vacation rental to 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. Its Vacation Ownership segment is engaged in the management of vacation ownership resorts; sales marketing and financing of vacation ownership interests and related services to owners and associations.

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