Diamond Resorts International Inc (DRII) : Sand Grove Capital Management Llp added new position in Diamond Resorts International Inc during the most recent quarter end. The investment management firm now holds 118,000 shares of Diamond Resorts International Inc which is valued at $3,512,860 , the company said in a statement filed on Aug 8, 2016 with the SEC.Diamond Resorts International Inc makes up approximately 2.48% of Sand Grove Capital Management Llp’s portfolio.
Other Hedge Funds, Including , Glenmede Trust Co Na reduced its stake in DRII by selling 9,784 shares or 90.73% in the most recent quarter. The Hedge Fund company now holds 1,000 shares of DRII which is valued at $29,380.Hap Trading boosted its stake in DRII in the latest quarter, The investment management firm added 206,751 additional shares and now holds a total of 565,488 shares of Diamond Resorts International Inc which is valued at $16,614,037. Diamond Resorts International Inc makes up approx 1.41% of Hap Trading’s portfolio.Huntington National Bank boosted its stake in DRII in the latest quarter, The investment management firm added 290 additional shares and now holds a total of 1,292 shares of Diamond Resorts International Inc which is valued at $38,928.Msi Financial Services Inc reduced its stake in DRII by selling 5 shares or 9.26% in the most recent quarter. The Hedge Fund company now holds 49 shares of DRII which is valued at $1,476.
Diamond Resorts International Inc closed down -0.04 points or -0.13% at $29.68 with 16,31,412 shares getting traded on Monday. Post opening the session at $29.76, the shares hit an intraday low of $29.57 and an intraday high of $29.8 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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.