Large Outflow of Money Witnessed in ClubCorp Holdings, Inc.

Shares of ClubCorp Holdings, Inc. (MYCC) advanced to $16.83. The price had gained 1.97% or 0.33 points intraday. The latest trading session witnessed $0.31 million in upticks and $1.81 million in downticks, resulting in net money flow of (-1.51) million. The up/down ratio for the day stood at 0.17. On a weekly scale, the price has seen a change of 2.59%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-1.66) million occurred during the day. $0 million in uptick and $1.66 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

ClubCorp Holdings, Inc. has dropped 0.6% in the last five trading days, however, the shares have posted positive gains of 16.71% in the last 4 weeks. ClubCorp Holdings, Inc. is up 45.01% in the last 3-month period. Year-to-Date the stock performance stands at 16.71%. ClubCorp Holdings, Inc. (NYSE:MYCC) rose 0.61% or 0.1 points on Wednesday and made its way into the gainers of the day. After trading began at $16.65 the stock was seen hitting $17.1 as a peak level and $16.45 as the lowest level. The stock ended up at $16.6. The daily volume was measured at 542,746 shares. The 52-week high of the share price is $17.5 and the 52-week low is $9.75. The company has a market cap of $1,088 million.

Company has reported several Insider transactions to the SEC, on Jul 25, 2016, Andrew V Miller (EVP of Membership) sold 2,000 shares at 14.94 per share price.On Jul 19, 2016, Margaret Mary Spellings (director) purchased 1,000 shares at 14.76 per share price.On Mar 7, 2016, Janet Grove (director) purchased 1,000 shares at 14.55 per share price.

ClubCorp Holdings Inc Last issued its quarterly earnings results on Oct 13, 2016. The company reported $0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $0.08. The company had revenue of $259.33 million for the quarter, compared to analysts expectations of $264.82 million. The companys revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Jan 19, 2017 to Outperform, Raises Price Target to $ 23 from a previous price target of $17 .Company shares were Reiterated by Imperial Capital on Jan 13, 2017 to Outperform, Raises Price Target to $ 21 from a previous price target of $16 .

ClubCorp Holdings, Inc. is involved in leisure business. The company owns or operates a golf and country clubs, business clubs, sports clubs and alumni clubs primarily in North America. It operates in two segments: Golf and Country Clubs and Business, Sports and Alumni Clubs. The Golf and Country Clubs segment offers private country clubs, golf clubs which offer private and public golf play, other recreational amenities and public golf facilities. The Business, Sports and Alumni Clubs segment provides business clubs for dining, business or social entertainment for business executives, professionals and entrepreneurs, sports clubs provides fitness and racquet facilities, business/sports clubs and alumni clubs to provide a connection between the university and its alumni and faculty. ClubCorp Holdings, Inc. is based in Dallas, Texas.


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