Valiant Capital Management adds Diamond Resorts International Inc (DRII) to its portfolio

Diamond Resorts International Inc (DRII) : Valiant Capital Management added new position in Diamond Resorts International Inc during the most recent quarter end. The investment management firm now holds 1,005,100 shares of Diamond Resorts International Inc which is valued at $19.6 Million , the company said in a statement filed on May 13, 2016 with the SEC.Diamond Resorts International Inc makes up approximately 2.24% of Valiant Capital Management’s portfolio.

Other Hedge Funds, Including , Loomis Sayles Co L P reduced its stake in DRII by selling 370,365 shares or 30.99% in the most recent quarter. The Hedge Fund company now holds 824,701 shares of DRII which is valued at $16.1 Million. Diamond Resorts International Inc makes up approx 0.05% of Loomis Sayles Co L P’s portfolio.Spark Investment Management boosted its stake in DRII in the latest quarter, The investment management firm added 83,100 additional shares and now holds a total of 149,400 shares of Diamond Resorts International Inc which is valued at $2.9 Million. Diamond Resorts International Inc makes up approx 0.30% of Spark Investment Management’s portfolio.Piermont Capital Management boosted its stake in DRII in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 15,590 shares of Diamond Resorts International Inc which is valued at $304,005. Diamond Resorts International Inc makes up approx 0.10% of Piermont Capital Management’s portfolio. Janney Montgomery Scott added DRII to its portfolio by purchasing 17,244 company shares during the most recent quarter which is valued at $336,258. Diamond Resorts International Inc makes up approx 0.01% of Janney Montgomery Scott’s portfolio.Blackrock Investment Management boosted its stake in DRII in the latest quarter, The investment management firm added 1,943 additional shares and now holds a total of 145,763 shares of Diamond Resorts International Inc which is valued at $2.8 Million.

Diamond Resorts International Inc opened for trading at $22.25 and hit $22.95 on the upside on Wednesday, eventually ending the session at $22.84, with a gain of 3.30% or 0.73 points. The heightened volatility saw the trading volume jump to 10,66,475 shares. Company has a market cap of $1,592 M.

Many Wall Street Analysts have commented on Diamond Resorts International Inc. Shares were Reiterated by MKM Partners on May 5, 2016 to “Buy” and Lowered the Price Target to $ 26 from a previous price target of $27 .MKM Partners Reiterated Diamond Resorts International Inc on Apr 15, 2016 to “Buy”, Price Target of the shares are set at $27.

Diamond Resorts International Inc. (DRII) is engaged in the hospitality and vacation ownership industry. The Company operates in two segments: hospitality and management services and Vacation Interest Sales and Financing. The Company has a network of approximately 333 vacation destinations located in 34 countries throughout the continental United States Hawaii Canada Mexico the Caribbean Central America South America Europe Asia Australia New Zealand and Africa. Its resort network includes approximately 93 resort properties with approximately 11000 units that it manages and approximately 236 affiliated resorts and hotels and four cruise itineraries which it does not manage and do not carry its brand but are a part of its network and through the Clubs which are available for its members to use as vacation destinations. The Company offers Vacations for Life which is a way to acquire a lifetime of vacations at destinations across the world.

Leave a Reply

Diamond Resorts International Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Diamond Resorts International Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.