Mutual Of America Capital Management buys $16,162,985 stake in Diamond Resorts International Inc (DRII)

Diamond Resorts International Inc (DRII) : Mutual Of America Capital Management scooped up 30,831 additional shares in Diamond Resorts International Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 10, 2016. The investment management firm now holds a total of 828,871 shares of Diamond Resorts International Inc which is valued at $16,162,985.Diamond Resorts International Inc makes up approximately 0.36% of Mutual Of America Capital Management’s portfolio.

Other Hedge Funds, Including , Blackrock Group Ltd boosted its stake in DRII in the latest quarter, The investment management firm added 6,076 additional shares and now holds a total of 19,832 shares of Diamond Resorts International Inc which is valued at $386,724.Schwab Charles Investment Management Inc reduced its stake in DRII by selling 6,696 shares or 2.31% in the most recent quarter. The Hedge Fund company now holds 283,424 shares of DRII which is valued at $5,577,784. Diamond Resorts International Inc makes up approx 0.01% of Schwab Charles Investment Management Inc’s portfolio.American Century Companies Inc boosted its stake in DRII in the latest quarter, The investment management firm added 206,459 additional shares and now holds a total of 627,053 shares of Diamond Resorts International Inc which is valued at $12,340,403. Diamond Resorts International Inc makes up approx 0.01% of American Century Companies Inc’s portfolio.State Of New Jersey Common Pension Fund D boosted its stake in DRII in the latest quarter, The investment management firm added 25,000 additional shares and now holds a total of 251,000 shares of Diamond Resorts International Inc which is valued at $5,323,710. Diamond Resorts International Inc makes up approx 0.02% of State Of New Jersey Common Pension Fund D’s portfolio.

Diamond Resorts International Inc opened for trading at $19.53 and hit $19.99 on the upside on Monday, eventually ending the session at $19.92, with a gain of 2.15% or 0.42 points. The heightened volatility saw the trading volume jump to 9,72,805 shares. Company has a market cap of $1,389 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.

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