Dendur Capital LP Has $6.88 Million Stock Position in Global Business Travel Group, Inc. (NYSE:GBTG)
Dendur Capital LP raised its stake in International Enterprise Vacation Team, Inc. (NYSE:GBTG – Get Score) by 6.8% in the 3rd quarter, according to the organization in its most latest disclosure with the Securities & Exchange Fee. The institutional trader owned 1,215,873 shares of the firm’s inventory right after acquiring an supplemental 76,973 shares all through the quarter. Global Enterprise Journey Team makes up about 1.4% of Dendur Cash LP’s portfolio, earning the inventory its 11th biggest keeping. Dendur Money LP owned .27% of Global Company Journey Team really worth $6,882,000 as of its most current filing with the Securities & Trade Commission.
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Other institutional buyers have also not too long ago made alterations to their positions in the enterprise. Credit history Suisse AG obtained a new stake in shares of International Company Travel Group in the 2nd quarter valued at roughly $69,000. Virtu Financial LLC bought a new position in shares of World wide Business Vacation Team in the 2nd quarter valued at about $80,000. Wulff Hansen & CO. obtained a new situation in shares of International Company Travel Group for the duration of the 3rd quarter really worth about $77,000. Prelude Cash Administration LLC purchased a new stake in shares of Worldwide Organization Travel Team in the 2nd quarter valued at about $271,000. Ultimately, Cobalt Capital Administration Inc. obtained a new stake in World-wide Small business Vacation Group in the 2nd quarter valued at about $327,000. Institutional buyers and hedge money personal 15.91% of the firm’s stock.
Insider Obtaining and Selling at Global Enterprise Vacation Team
In associated information, CFO Martine Gerow bought 10,000 shares of Global Business Vacation Team stock in a transaction dated Wednesday, December 7th. The shares had been bought at an common price of $5.60 for every share, with a total price of $56,000.00. Pursuing the acquisition, the main economical officer now owns 422,310 shares in the firm, valued at roughly $2,364,936. The transaction was disclosed in a filing with the Securities & Exchange Fee, which is available at the SEC web page. Insiders obtained 19,700 shares of organization stock valued at $104,542 in the last quarter. Organization insiders very own 12.90% of the company’s inventory.
International Business enterprise Travel Team Investing Down 4.4 %
NYSE GBTG traded down $.32 on Friday, achieving $6.88. The inventory experienced a buying and selling quantity of 7,769 shares, as opposed to its average quantity of 82,802. The enterprise has a debt-to-equity ratio of 1.04, a rapid ratio of 1.55 and a recent ratio of 1.55. The agency has a fifty day going typical of $6.71 and a two-hundred working day shifting typical of $6.34. World-wide Company Journey Group, Inc. has a 1-year lower of $4.26 and a 1-calendar year large of $10.01.
Wall Street Analysts Forecast Growth
A range of analysts have not long ago issued studies on GBTG shares. Evercore ISI assumed coverage on International Enterprise Travel Team in a research report on Wednesday, December 21st. They issued an “outperform” score and a $8.00 rate aim for the enterprise. Citigroup initiated coverage on shares of World-wide Enterprise Travel Group in a analysis report on Wednesday, December 7th. They set a “neutral” rating and a $6.50 price tag objective for the enterprise. Two equities research analysts have rated the stock with a keep score and 4 have issued a get rating to the inventory. In accordance to details from MarketBeat.com, the enterprise currently has an common rating of “Average Acquire” and a consensus concentrate on selling price of $8.68.
World-wide Small business Journey Team Profile
World Small business Travel Group, Inc gives small business-to-enterprise (B2B) journey system in the United States of The usa and internationally. The company’s system gives a suite of technology-enabled methods to business travelers and clients travel content suppliers including airlines, resorts, ground transportation, and aggregators and third-celebration journey agencies.
See Also
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