ClubCorp Holdings Inc (MYCC) Given Average Rating of “Hold” by Analysts

ClubCorp Holdings Inc (NYSE:MYCC) has earned a consensus recommendation of “Hold” from the eight research firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $19.50.

Several brokerages recently weighed in on MYCC. BidaskClub downgraded shares of ClubCorp Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, September 14th. Zacks Investment Research downgraded shares of ClubCorp Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. Stifel Nicolaus downgraded shares of ClubCorp Holdings from a “buy” rating to a “hold” rating and reduced their price target for the company from $18.00 to $17.00 in a research report on Wednesday, July 26th. Finally, MKM Partners downgraded shares of ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a research report on Thursday, July 20th.

Shares of ClubCorp Holdings (NYSE:MYCC) traded down $0.05 on Monday, reaching $17.10. The company’s stock had a trading volume of 1,318,800 shares, compared to its average volume of 2,240,000. The company has a debt-to-equity ratio of 7.57, a quick ratio of 0.46 and a current ratio of 0.52. ClubCorp Holdings has a 52-week low of $10.80 and a 52-week high of $17.60.

A number of large investors have recently bought and sold shares of MYCC. Teachers Advisors LLC grew its position in ClubCorp Holdings by 6.4% in the 1st quarter. Teachers Advisors LLC now owns 167,272 shares of the company’s stock worth $2,685,000 after purchasing an additional 10,001 shares during the period. Legal & General Group Plc grew its position in ClubCorp Holdings by 11.7% in the 1st quarter. Legal & General Group Plc now owns 23,784 shares of the company’s stock worth $380,000 after purchasing an additional 2,484 shares during the period. Vanguard Group Inc. grew its position in ClubCorp Holdings by 4.4% in the 1st quarter. Vanguard Group Inc. now owns 5,037,368 shares of the company’s stock worth $80,849,000 after purchasing an additional 210,761 shares during the period. Geode Capital Management LLC grew its position in ClubCorp Holdings by 11.7% in the 1st quarter. Geode Capital Management LLC now owns 497,649 shares of the company’s stock worth $7,987,000 after purchasing an additional 52,238 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in ClubCorp Holdings by 1.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,628,629 shares of the company’s stock worth $26,139,000 after purchasing an additional 30,378 shares during the period. 96.31% of the stock is owned by institutional investors and hedge funds.

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About ClubCorp Holdings

ClubCorp Holdings, Inc, incorporated on November 10, 2010, is engaged in membership-based leisure business. The Company is also the owner-operator of private golf and country clubs, and business, sports and alumni clubs in North America. The Company operates through two segments: golf and country clubs, and business, sports and alumni clubs.

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