ILG Inc. (NASDAQ:ILG) was downgraded by investment analysts at BidaskClub from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

ILG has been the subject of a number of other reports. Zacks Investment Research cut shares of ILG from a “buy” rating to a “hold” rating in a report on Thursday, August 24th. Nomura began coverage on shares of ILG in a report on Friday, October 6th. They issued a “buy” rating and a $35.00 price objective for the company. Oppenheimer Holdings, Inc. upped their price objective on shares of ILG from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, November 8th. Finally, Instinet began coverage on shares of ILG in a report on Friday, October 6th. They set a “buy” rating and a $35.00 price target for the company. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $30.50.

Shares of ILG (NASDAQ:ILG) traded up $0.08 during trading hours on Friday, reaching $28.43. 764,000 shares of the company were exchanged, compared to its average volume of 1,213,663. The company has a market capitalization of $3,526.68, a PE ratio of 21.06 and a beta of 1.53. ILG has a 12-month low of $17.32 and a 12-month 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.

ILG (NASDAQ:ILG) last issued its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.29 by ($0.01). The business had revenue of $446.00 million during the quarter, compared to the consensus estimate of $429.56 million. ILG had a return on equity of 10.46% and a net margin of 7.04%. The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.39 earnings per share. equities analysts anticipate that ILG will post 1.15 earnings per share for the current year.

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Several institutional investors and hedge funds have recently made changes to their positions in ILG. Huntington National Bank acquired a new position in shares of ILG during the third quarter valued at about $128,000. Advisor Group Inc. raised its position in shares of ILG by 28.0% during the second quarter. Advisor Group Inc. now owns 5,114 shares of the business services provider’s stock valued at $137,000 after buying an additional 1,119 shares during the last quarter. Creative Planning raised its position in shares of ILG by 6.3% during the second quarter. Creative Planning now owns 5,325 shares of the business services provider’s stock valued at $146,000 after buying an additional 316 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of ILG by 11.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,354 shares of the business services provider’s stock valued at $147,000 after buying an additional 550 shares during the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of ILG during the third quarter valued at about $215,000. 80.86% of the stock is owned by institutional investors and hedge funds.

About ILG

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.

Analyst Recommendations for ILG (NASDAQ:ILG)

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