ClubCorp bought out by Apollo for $1.1 billion

Participants make their way to the golf course for the 13th Annual Players Trust Golf Tournament at the Bear's Best Las Vegas on Thursday Jan. 12 2017 in Las Vegas. (Erik Verduzco  Las Vegas Rev

Participants make their way to the golf course for the 13th Annual Players Trust Golf Tournament at the Bear's Best Las Vegas on Thursday Jan. 12 2017 in Las Vegas. (Erik Verduzco Las Vegas Rev

Data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows TSLA with a 50-day call/put volume ratio of 1.17, which ranks in the 91st percentile of its annual range. X Co Limited Liability owns 623,843 shares or 0.4% of their United States portfolio. Three Peaks Management Ltd Liability owns 194,438 shares or 0.43% of their USA portfolio. ClubCorp Holdings had a return on equity of 8.96% and a net margin of 0.41%. The stock price increased 3.15% or $-0.4 versus $12.70 at the end of the prior session. The target implies a 73.27% spike from where the shares are now trading. Quantitative Investment Mngmt Ltd Liability Com owns 21,500 shares or 0.03% of their USA portfolio. Alyeska Group Incorporated L P holds 226,114 shares. Bank & Trust Of America Corp De holds 0% or 166,902 shares in its portfolio. Blackrock Institutional Na, a California-based fund reported 1.64 million shares. The stock is expected to report revenue as high as $269.13M and as low as $262.5M per share. FBR & Co cut their price objective on shares of ClubCorp Holdings from $23.00 to $21.00 and set a "buy" rating on the stock in a research note on Thursday, April 13th. Moreover, Walleye Trading Ltd Liability has 0.01% invested in ClubCorp Holdings Inc (NYSE:MYCC) for 60,991 shares. Putnam Investments LLC raised its stake in ClubCorp Holdings by 2.2% in the fourth quarter. The mean EPS estimate is $0.36. The price being paid by Apollo is below an analyst price target of $27.00 per share. Therefore 82% are positive. The stock of ClubCorp Holdings Inc (NYSE:MYCC) has "Outperform" rating given on Friday, February 26 by Wells Fargo. The company was maintained on Wednesday, June 21 by Jefferies.

Analysts expect Exxon Mobil Corporation (NYSE:XOM) to report $ 0.98 EPS and has got OUTPERFORM rating from 5 of Thomson Reuters analysts and 4 analyst (s) given UNDERPERFORM rating. Stifel Nicolaus maintained the shares of MYCC in report on Tuesday, June 6 with "Buy" rating. RBC Capital Markets maintained it with "Sector Perform" rating and $52 target in Monday, June 13 report.

ClubCorp's board of directors also declared a one-time quarterly dividend of $0.13 per share per common share. The mean target of $17.00 should be compared with the price when the stock was languishing around $10.80 a share. Princeton Alpha Management LP purchased a new position in shares of ClubCorp Holdings during the first quarter valued at about $175,000. SHAREHOLDER ALERT: "Former SEC Attorney Willie Briscoe ..." published on July 10, 2017 as well as Prnewswire.com's news article titled: "SHAREHOLDER ALERT: "Bronstein, Gewirtz & Grossman, LLC Announces Investigation ..." with publication date: "July 10, 2017.

Apollo Global Management (APO) announced yesterday that it would buy ClubCorp Holdings (MYCC), one of the largest operators of private golf clubs in the US for $1.1 billion in cash or $17.12 per share. The Company operates through two segments: golf and country clubs, and business, sports and alumni clubs.

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