Lorber David A buys $1,711,129 stake in Diamond Resorts International Inc (DRII)

Diamond Resorts International Inc (DRII) : Lorber David A scooped up 10,183 additional shares in Diamond Resorts International Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 57,575 shares of Diamond Resorts International Inc which is valued at $1,711,129.Diamond Resorts International Inc makes up approximately 16.24% of Lorber David A’s portfolio.

Other Hedge Funds, Including , Oz Management Lp added DRII to its portfolio by purchasing 198,842 company shares during the most recent quarter which is valued at $5,909,584. Diamond Resorts International Inc makes up approx 0.05% of Oz Management Lp’s portfolio.Menta Capital boosted its stake in DRII in the latest quarter, The investment management firm added 52,577 additional shares and now holds a total of 85,363 shares of Diamond Resorts International Inc which is valued at $2,536,988. Diamond Resorts International Inc makes up approx 0.33% of Menta Capital’s portfolio.Brown Advisory Inc boosted its stake in DRII in the latest quarter, The investment management firm added 137,413 additional shares and now holds a total of 1,771,883 shares of Diamond Resorts International Inc which is valued at $52,288,267. Diamond Resorts International Inc makes up approx 0.18% of Brown Advisory Inc’s portfolio.Corsair Capital Management boosted its stake in DRII in the latest quarter, The investment management firm added 359,833 additional shares and now holds a total of 1,202,410 shares of Diamond Resorts International Inc which is valued at $35,795,746. Diamond Resorts International Inc makes up approx 5.32% of Corsair Capital Management’s portfolio.State Of New Jersey Common Pension Fund D boosted its stake in DRII in the latest quarter, The investment management firm added 12,000 additional shares and now holds a total of 263,000 shares of Diamond Resorts International Inc which is valued at $7,684,860. Diamond Resorts International Inc makes up approx 0.03% of State Of New Jersey Common Pension Fund D’s portfolio.

Diamond Resorts International Inc opened for trading at $30.23 and hit $30.25 on the upside on Thursday, eventually ending the session at $30.22, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 14,35,030 shares. Company has a market cap of $2,108 M.

Many Wall Street Analysts have commented on Diamond Resorts International Inc. Diamond Resorts International Inc was Downgraded by SunTrust to ” Neutral” on Jul 1, 2016. Company shares were Downgraded by MKM Partners on Jun 30, 2016 to ” Neutral”, Firm has raised the Price Target to $ 30.25 from a previous price target of $26 .Diamond Resorts International Inc was Downgraded by Goldman to ” Neutral” on Jun 30, 2016.

Diamond Resorts International Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States Hawaii Canada Mexico the Caribbean Central America South America Europe Asia Australia New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries which it does not manage and do not carry its brand but are a part of its network and through the Clubs which are available for its members to use as vacation destinations. The Company offers Vacations for Life which is a way to acquire a lifetime of vacations at destinations across the world.

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