Crossmark Global Holdings Inc. Takes $215,000 Position in ILG Inc. (ILG)

Crossmark Global Holdings Inc. bought a new stake in shares of ILG Inc. (NASDAQ:ILG) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,047 shares of the business services provider’s stock, valued at approximately $215,000.

Other large investors have also bought and sold shares of the company. Voya Investment Management LLC lifted its holdings in shares of ILG by 12.8% during the 2nd quarter. Voya Investment Management LLC now owns 53,119 shares of the business services provider’s stock valued at $1,460,000 after acquiring an additional 6,028 shares in the last quarter. TIAA CREF Investment Management LLC lifted its holdings in ILG by 13.9% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 1,983,549 shares of the business services provider’s stock worth $54,528,000 after buying an additional 241,774 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in ILG in the 3rd quarter worth $20,235,000. Neuberger Berman Group LLC acquired a new position in ILG in the 2nd quarter worth $5,941,000. Finally, Balyasny Asset Management LLC lifted its holdings in ILG by 688.8% in the 2nd quarter. Balyasny Asset Management LLC now owns 149,881 shares of the business services provider’s stock worth $4,120,000 after buying an additional 130,881 shares in the last quarter. Institutional investors and hedge funds own 80.33% of the company’s stock.

A number of equities analysts have commented on the stock. BidaskClub upgraded shares of ILG from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th. Zacks Investment Research lowered shares of ILG from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. Finally, Nomura assumed coverage on shares of ILG in a report on Friday, October 6th. They issued a “buy” rating and a $35.00 price objective on the stock. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $30.50.

ILG Inc. (NASDAQ:ILG) opened at $28.09 on Monday. ILG Inc. has a 1-year low of $17.56 and a 1-year high of $30.70. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.75 and a quick ratio of 1.07. The company has a market cap of $3,480.00, a price-to-earnings ratio of 20.81 and a beta of 1.48.

ILG (NASDAQ:ILG) last issued its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The firm had revenue of $446.00 million during the quarter, compared to analyst estimates of $429.56 million. ILG had a return on equity of 10.46% and a net margin of 7.04%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 EPS. equities analysts expect that ILG Inc. will post 1.13 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Stockholders of record on Tuesday, December 5th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Monday, December 4th. ILG’s payout ratio is currently 59.41%.

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ILG Profile

ILG, Inc, formerly Interval Leisure Group, Inc, is a provider of professionally delivered vacation experiences. The Company is a global licensee for the Hyatt, Westin and Sheraton brands in 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.

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Institutional Ownership by Quarter for ILG (NASDAQ:ILG)

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