Silver Capital Management adds Diamond Resorts International Inc (DRII) to its portfolio

Diamond Resorts International Inc (DRII) : Silver Capital Management added new position in Diamond Resorts International Inc during the most recent quarter end. The investment management firm now holds 20,120 shares of Diamond Resorts International Inc which is valued at $587,906 , the company said in a statement filed on Aug 3, 2016 with the SEC.Diamond Resorts International Inc makes up approximately 2.65% of Silver Capital Management’s portfolio.

Other Hedge Funds, Including , Diam Ltd. boosted its stake in DRII in the latest quarter, The investment management firm added 6,138 additional shares and now holds a total of 53,770 shares of Diamond Resorts International Inc which is valued at $1,571,159. Diamond Resorts International Inc makes up approx 0.02% of Diam Ltd.’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.Capital Fund Management S.a. boosted its stake in DRII in the latest quarter, The investment management firm added 17,344 additional shares and now holds a total of 32,344 shares of Diamond Resorts International Inc which is valued at $974,525. Diamond Resorts International Inc makes up approx 0.02% of Capital Fund Management S.a.’s portfolio. Sphinx Trading Lp added DRII to its portfolio by purchasing 6,000 company shares during the most recent quarter which is valued at $181,200. Diamond Resorts International Inc makes up approx 1.46% of Sphinx Trading Lp’s portfolio. Zelman Capital sold out all of its stake in DRII during the most recent quarter. The investment firm sold 60,495 shares of DRII which is valued $1,818,480.

Diamond Resorts International Inc opened for trading at $29.6 and hit $29.65 on the upside on Monday, eventually ending the session at $29.51, with a gain of 0.44% or 0.13 points. The heightened volatility saw the trading volume jump to 28,79,491 shares. Company has a market cap of $2,057 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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