ILG Target of Unusually High Options Trading (ILG)

ILG Inc. (NASDAQ:ILG) was the target of some unusual options trading on Friday. Traders purchased 10,905 call options on the stock. This represents an increase of approximately Infinity compared to the average volume of 0 call options.

ILG (ILG) remained flat at $$28.14 during trading hours on Tuesday. The company had a trading volume of 600,206 shares, compared to its average volume of 1,191,446. The stock has a market cap of $3,484.51, a price-to-earnings ratio of 20.81 and a beta of 1.49. ILG has a 52 week low of $17.56 and a 52 week high of $30.70. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.07 and a current ratio of 1.75.

ILG (NASDAQ:ILG) last posted its quarterly earnings results on Tuesday, November 7th. The business services provider reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.01). The company had revenue of $446.00 million for 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 firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm earned $0.39 EPS. sell-side analysts predict that ILG will post 1.13 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Tuesday, December 5th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Monday, December 4th. ILG’s dividend payout ratio (DPR) is 58.82%.

A number of equities analysts have issued reports on ILG shares. SunTrust Banks restated a “buy” rating and set a $30.00 target price on shares of ILG in a report on Friday, November 10th. Zacks Investment Research lowered ILG from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. Nomura raised their price target on ILG from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, November 8th. Instinet initiated coverage on ILG in a research report on Friday, October 6th. They set a “buy” rating and a $35.00 price target on the stock. Finally, BidaskClub raised ILG from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. ILG presently has an average rating of “Buy” and an average price target of $30.50.

Large investors have recently bought and sold shares of the business. Huntington National Bank acquired a new position in shares of ILG during the 3rd quarter worth approximately $128,000. Advisor Group Inc. boosted its stake in shares of ILG by 28.0% during the 2nd quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock worth $137,000 after acquiring an additional 1,119 shares during the period. Creative Planning boosted its stake in shares of ILG by 6.3% during the 2nd quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock worth $146,000 after acquiring an additional 316 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of ILG by 11.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock worth $147,000 after acquiring an additional 550 shares during the period. Finally, Crossmark Global Holdings Inc. bought a new position in shares of ILG during the 3rd quarter worth approximately $215,000. 80.30% of the stock is currently owned by hedge funds and other institutional investors.

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ILG Company 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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