ClubCorp Holdings, Inc. (NYSE:MYCC) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.

A number of other equities research analysts also recently issued reports on MYCC. Zacks Investment Research downgraded ClubCorp Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday. Stifel Nicolaus restated a “buy” rating and set a $18.00 target price on shares of ClubCorp Holdings in a research note on Tuesday, June 6th. Jefferies Group LLC restated a “buy” rating and set a $27.00 target price on shares of ClubCorp Holdings in a research note on Wednesday, June 21st. Finally, MKM Partners cut ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 target price for the company. in a research note on Thursday, July 20th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $18.50.

ClubCorp Holdings (NYSE:MYCC) opened at 17.15 on Thursday. The company’s market cap is $1.12 billion. The company’s 50 day moving average price is $17.01 and its 200 day moving average price is $15.25. ClubCorp Holdings has a 52-week low of $10.80 and a 52-week high of $17.60.

ClubCorp Holdings (NYSE:MYCC) last issued its quarterly earnings results on Thursday, July 20th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.14). The company had revenue of $276.35 million for the quarter, compared to analyst estimates of $276.51 million. ClubCorp Holdings had a positive return on equity of 9.50% and a negative net margin of 0.04%. Equities research analysts anticipate that ClubCorp Holdings will post $0.24 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Swiss National Bank lifted its stake in shares of ClubCorp Holdings by 2.7% in the 1st quarter. Swiss National Bank now owns 107,894 shares of the company’s stock valued at $1,732,000 after acquiring an additional 2,800 shares during the last quarter. Hill Path Capital LP bought a new position in shares of ClubCorp Holdings in the 2nd quarter valued at $23,856,000. KCG Holdings Inc. bought a new position in shares of ClubCorp Holdings in the 1st quarter valued at $572,000. Sei Investments Co. lifted its stake in shares of ClubCorp Holdings by 16.1% in the 2nd quarter. Sei Investments Co. now owns 95,274 shares of the company’s stock valued at $1,248,000 after acquiring an additional 13,217 shares during the last quarter. Finally, Teachers Advisors LLC lifted its stake in shares of ClubCorp Holdings by 37.6% in the 4th quarter. Teachers Advisors LLC now owns 157,271 shares of the company’s stock valued at $2,257,000 after acquiring an additional 42,996 shares during the last quarter. Institutional investors own 96.29% of the company’s stock.

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.

Analyst Recommendations for ClubCorp Holdings (NYSE:MYCC)

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