The Manufacturers Life Insurance Company decreased its holdings in shares of ILG Inc. (NASDAQ:ILG) by 6.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82,649 shares of the business services provider’s stock after selling 5,360 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.07% of ILG worth $2,272,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ILG. UBS Asset Management Americas Inc. raised its holdings in ILG by 73.2% during the first quarter. UBS Asset Management Americas Inc. now owns 68,212 shares of the business services provider’s stock worth $1,430,000 after buying an additional 28,825 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of ILG by 2.6% in the 1st quarter. Vanguard Group Inc. now owns 9,740,940 shares of the business services provider’s stock worth $204,171,000 after acquiring an additional 247,902 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of ILG by 11.9% in the 1st quarter. Geode Capital Management LLC now owns 917,768 shares of the business services provider’s stock worth $19,236,000 after acquiring an additional 97,731 shares in the last quarter. BlackRock Inc. grew its stake in shares of ILG by 10,793.0% in the 1st quarter. BlackRock Inc. now owns 13,919,706 shares of the business services provider’s stock worth $291,757,000 after acquiring an additional 13,791,920 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its stake in shares of ILG by 8.8% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 529,950 shares of the business services provider’s stock worth $11,108,000 after acquiring an additional 42,805 shares in the last quarter. Hedge funds and other institutional investors own 81.81% of the company’s stock.

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Several research firms have recently issued reports on ILG. Zacks Investment Research lowered shares of ILG from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 26th. BidaskClub upgraded shares of ILG from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th. Instinet began coverage on shares of ILG in a research note on Friday, October 6th. They issued a “buy” rating and a $35.00 target price for the company. Finally, Nomura began coverage on shares of ILG in a research note on Friday, October 6th. They issued a “buy” rating and a $35.00 target price for the company. One research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company’s stock. ILG has an average rating of “Buy” and an average target price of $29.29.

ILG Inc. (NASDAQ ILG) opened at $30.45 on Friday. The stock has a market cap of $3,803.63, a price-to-earnings ratio of 20.86 and a beta of 1.53. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.00 and a current ratio of 1.58.

ILG (NASDAQ:ILG) last released its quarterly earnings data on Thursday, August 3rd. The business services provider reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. The business had revenue of $450.00 million for the quarter, compared to the consensus estimate of $432.86 million. ILG had a net margin of 7.32% and a return on equity of 11.41%. ILG’s revenue for the quarter was up 51.5% on a year-over-year basis. equities analysts forecast that ILG Inc. will post 1.19 earnings per share for the current fiscal year.

ILG Company Profile

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.

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Institutional Ownership by Quarter for ILG (NASDAQ:ILG)

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