Diamond Resorts International Inc (DRII) : Scoggin Management Lp scooped up 347,000 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 12, 2016. The investment management firm now holds a total of 1,040,000 shares of Diamond Resorts International Inc which is valued at $20.3 Million.Diamond Resorts International Inc makes up approximately 5.88% of Scoggin Management Lp’s portfolio.
Other Hedge Funds, Including , Axiom International Investors De reduced its stake in DRII by selling 23,166 shares or 33.43% in the most recent quarter. The Hedge Fund company now holds 46,128 shares of DRII which is valued at $899,496. Diamond Resorts International Inc makes up approx 0.03% of Axiom International Investors De’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.Mutual Of America Capital Management boosted its stake in DRII in the latest quarter, The investment management firm added 30,831 additional shares and now holds a total of 828,871 shares of Diamond Resorts International Inc which is valued at $16.2 Million. Diamond Resorts International Inc makes up approx 0.36% of Mutual Of America Capital Management’s portfolio. Norges Bank added DRII to its portfolio by purchasing 352,827 company shares during the most recent quarter which is valued at $6.9 Million. Quantbot Technologies Lp sold out all of its stake in DRII during the most recent quarter. The investment firm sold 12,043 shares of DRII which is valued $255,432.
Diamond Resorts International Inc opened for trading at $20.38 and hit $21.035 on the upside on Friday, eventually ending the session at $20.96, with a gain of 3.00% or 0.61 points. The heightened volatility saw the trading volume jump to 9,24,371 shares. Company has a market cap of $1,461,331 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.