Shares of Diamond Resorts International Inc (NASDAQ:DRII) have earned an average recommendation of “Buy” from the seven brokerages that are currently covering the stock. Four analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $29.70.

Separately, Zacks Investment Research downgraded Diamond Resorts International from a “buy” rating to a “hold” rating in a research note on Wednesday, August 31st.

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Shares of Diamond Resorts International (NASDAQ:DRII) opened at 30.22 on Monday. Diamond Resorts International has a 52-week low of $16.19 and a 52-week high of $30.27. The firm’s 50-day moving average is $30.22 and its 200-day moving average is $28.34.

Several hedge funds have recently modified their holdings of the stock. Sphinx Trading LP acquired a new stake in shares of Diamond Resorts International during the second quarter worth about $180,000. Parametrica Management Ltd purchased a new stake in Diamond Resorts International during the second quarter worth $607,000. New York State Teachers Retirement System increased its stake in Diamond Resorts International by 28.6% in the second quarter. New York State Teachers Retirement System now owns 3,600 shares of the company’s stock worth $108,000 after buying an additional 800 shares during the last quarter. FNY Managed Accounts LLC purchased a new stake in Diamond Resorts International during the second quarter worth $1,468,000. Finally, Capital Fund Management S.A. increased its stake in Diamond Resorts International by 115.6% in the second quarter. Capital Fund Management S.A. now owns 32,344 shares of the company’s stock worth $969,000 after buying an additional 17,344 shares during the last quarter.

About Diamond Resorts International

Diamond Resorts International, Inc (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates through two segments: hospitality and management services, and Vacation Interest Sales and Financing. Its hospitality and management services segment manages a network of resort properties and provides services to a member base across the world.

5 Day Chart for NASDAQ:DRII

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