ClubCorp Holdings Inc. (MYCC) To Go Ex-Dividend on October 5th
ClubCorp Holdings Inc. (NYSE:MYCC) announced a dividend on Thursday, September 29th. Shareholders of record on Monday, October 10th will be paid a dividend of 0.13 per share on Monday, October 17th. The ex-dividend date of this dividend is Wednesday, October 5th. This is a boost from ClubCorp Holdings’s previous dividend of $0.12.
Shares of ClubCorp Holdings (NYSE:MYCC) opened at 14.54 on Friday. ClubCorp Holdings has a one year low of $9.75 and a one year high of $23.04. The firm has a 50 day moving average price of $14.92 and a 200 day moving average price of $13.69. The company’s market capitalization is $953.24 million.
ClubCorp Holdings (NYSE:MYCC) last released its quarterly earnings data on Thursday, July 14th. The company reported $0.08 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by $0.04. ClubCorp Holdings had a negative net margin of 0.74% and a negative return on equity of 1.25%. The firm had revenue of $269 million for the quarter. The business’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities research analysts predict that ClubCorp Holdings will post $0.21 EPS for the current fiscal year.
In other news, EVP Andrew V. Miller sold 2,000 shares of ClubCorp Holdings stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of $14.94, for a total value of $29,880.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.90% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Elk Creek Partners LLC raised its stake in shares of ClubCorp Holdings by 25.5% in the second quarter. Elk Creek Partners LLC now owns 1,567,196 shares of the company’s stock worth $20,374,000 after buying an additional 318,816 shares during the last quarter. FMR LLC raised its stake in shares of ClubCorp Holdings by 39.5% in the second quarter. FMR LLC now owns 1,000,558 shares of the company’s stock worth $13,008,000 after buying an additional 283,231 shares during the last quarter. United Services Automobile Association raised its stake in shares of ClubCorp Holdings by 20.9% in the second quarter. United Services Automobile Association now owns 114,500 shares of the company’s stock worth $1,489,000 after buying an additional 19,800 shares during the last quarter. American International Group Inc. raised its stake in shares of ClubCorp Holdings by 44.0% in the second quarter. American International Group Inc. now owns 37,059 shares of the company’s stock worth $482,000 after buying an additional 11,320 shares during the last quarter. Finally, Comerica Bank purchased a new stake in shares of ClubCorp Holdings during the second quarter worth approximately $2,011,000. 97.27% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts recently weighed in on MYCC shares. FBR & Co started coverage on ClubCorp Holdings in a report on Thursday, June 30th. They set an “outperform” rating and a $17.00 price objective on the stock. Bank of America Corp. reissued a “buy” rating on shares of ClubCorp Holdings in a report on Sunday, July 17th. Deutsche Bank AG reissued a “buy” rating on shares of ClubCorp Holdings in a report on Sunday, July 17th. Zacks Investment Research downgraded ClubCorp Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, July 19th. Finally, Wells Fargo & Co. reissued a “buy” rating on shares of ClubCorp Holdings in a report on Tuesday, July 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $19.78.
About ClubCorp Holdings
ClubCorp Holdings, Inc is a membership-based leisure company. The Company is the owner-operator of private golf and country clubs, and business, sports and alumni clubs in North America. The Company’s segments include Golf and Country Clubs; Business, Sports and Alumni Clubs, and Other. The Company’s Golf and country club operations consist of private country clubs, golf clubs and public golf facilities.
Receive News & Stock Ratings for ClubCorp Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClubCorp Holdings Inc. and related stocks with our FREE daily email newsletter.