SunTrust Banks assumed coverage on shares of Bluegreen Vacations (NYSE:BXG) in a research report report published on Tuesday morning, Marketbeat Ratings reports. The firm issued a buy rating and a $19.00 price objective on the stock. SunTrust Banks also issued estimates for Bluegreen Vacations’ Q4 2017 earnings at $0.09 EPS, FY2017 earnings at $0.88 EPS, Q1 2018 earnings at $0.26 EPS, Q2 2018 earnings at $0.33 EPS, Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.29 EPS, FY2018 earnings at $1.19 EPS and FY2019 earnings at $1.32 EPS.

Several other research firms have also commented on BXG. Stifel Nicolaus assumed coverage on Bluegreen Vacations in a research report on Tuesday. They issued a buy rating and a $18.00 price target for the company. Bank of America assumed coverage on Bluegreen Vacations in a research report on Tuesday. They issued a buy rating and a $20.00 price target for the company.

Shares of Bluegreen Vacations (BXG) opened at $15.90 on Tuesday. The company has a current ratio of 8.55, a quick ratio of 6.14 and a debt-to-equity ratio of 1.86. Bluegreen Vacations has a 1-year low of $12.50 and a 1-year high of $17.13.

In related news, CFO Anthony M. Puleo purchased 7,000 shares of Bluegreen Vacations stock in a transaction dated Tuesday, November 21st. The stock was purchased at an average cost of $14.00 per share, with a total value of $98,000.00. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Alan B. Levan sold 974,797 shares of the business’s stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of $14.00, for a total value of $13,647,158.00. The disclosure for this sale can be found here. Over the last three months, insiders bought 12,000 shares of company stock valued at $167,020. Corporate insiders own 54.80% of the company’s stock.

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Bluegreen Vacations Company Profile

Bluegreen Corporation operates as a sales, marketing, and management company focusing on the vacation ownership industry in the United States. The company markets, sells, and manages vacation ownership interests (VOIs) in resorts that are developed or acquired by the company, or developed and owned by others.

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