State Street Corp boosted its stake in ClubCorp Holdings, Inc. (NYSE:MYCC) by 2.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,148,199 shares of the company’s stock after buying an additional 29,044 shares during the period. State Street Corp’s holdings in ClubCorp Holdings were worth $18,425,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MYCC. Vanguard Group Inc. raised its position in shares of ClubCorp Holdings by 4.4% in the first quarter. Vanguard Group Inc. now owns 5,037,368 shares of the company’s stock worth $80,849,000 after buying an additional 210,761 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of ClubCorp Holdings by 1.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,628,629 shares of the company’s stock worth $26,139,000 after buying an additional 30,378 shares in the last quarter. Kennedy Capital Management Inc. raised its position in shares of ClubCorp Holdings by 77.2% in the first quarter. Kennedy Capital Management Inc. now owns 1,448,222 shares of the company’s stock worth $23,244,000 after buying an additional 630,849 shares in the last quarter. Chescapmanager LLC raised its position in shares of ClubCorp Holdings by 92.7% in the first quarter. Chescapmanager LLC now owns 854,112 shares of the company’s stock worth $13,708,000 after buying an additional 410,913 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of ClubCorp Holdings by 10.3% in the first quarter. Bank of New York Mellon Corp now owns 685,741 shares of the company’s stock worth $11,006,000 after buying an additional 64,232 shares in the last quarter.

Shares of ClubCorp Holdings, Inc. (NYSE MYCC) traded up 0.29% during mid-day trading on Wednesday, reaching $17.05. The company had a trading volume of 275,330 shares. The firm’s 50-day moving average is $16.14 and its 200 day moving average is $15.21. ClubCorp Holdings, Inc. has a 12 month low of $10.80 and a 12 month high of $17.60. The company’s market capitalization is $1.12 billion.

ClubCorp Holdings (NYSE:MYCC) last announced its quarterly earnings results on Thursday, July 20th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by $0.14. The business 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%. On average, equities research analysts predict that ClubCorp Holdings, Inc. will post $0.24 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, July 28th. Shareholders of record on Friday, July 21st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date was Wednesday, July 19th. ClubCorp Holdings’s dividend payout ratio (DPR) is presently -5,194.81%.

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A number of research analysts have recently commented on MYCC shares. Stifel Nicolaus reissued a “buy” rating and set a $18.00 price objective on shares of ClubCorp Holdings in a report on Tuesday, June 6th. BidaskClub raised ClubCorp Holdings from a “sell” rating to a “hold” rating in a report on Friday, August 4th. Zacks Investment Research lowered ClubCorp Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Jefferies Group LLC set a $27.00 price objective on ClubCorp Holdings and gave the company a “buy” rating in a report on Friday, June 2nd. Finally, MKM Partners lowered ClubCorp Holdings from a “buy” rating to a “neutral” rating and set a $17.00 price objective on the stock. in a report on Thursday, July 20th. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $18.33.

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.

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Institutional Ownership by Quarter for ClubCorp Holdings (NYSE:MYCC)

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