Bank of America reiterated their buy rating on shares of ClubCorp Holdings Inc (NASDAQ:MYCC) in a research note issued to investors on Saturday, Market Beat reports. The firm currently has a $17.00 price target on the stock, down from their previous price target of $29.00.

Several other analysts also recently issued reports on MYCC. Zacks Investment Research raised ClubCorp Holdings from a sell rating to a hold rating in a research note on Wednesday, November 4th. Sterne Agee CRT reaffirmed a buy rating and issued a $26.00 price objective on shares of ClubCorp Holdings in a research note on Wednesday, December 9th. MKM Partners reaffirmed a buy rating and issued a $30.00 price objective on shares of ClubCorp Holdings in a research note on Tuesday, November 24th. Finally, Deutsche Bank reaffirmed a buy rating on shares of ClubCorp Holdings in a research note on Sunday, November 22nd. Two investment analysts have rated the stock with a sell rating and seven have issued a buy rating to the company. ClubCorp Holdings presently has a consensus rating of Buy and an average price target of $25.00.

In other news, CEO Eric Affeldt sold 5,000 shares of ClubCorp Holdings stock in a transaction that occurred on Tuesday, December 1st. The stock was sold at an average price of $17.91, for a total value of $89,550.00. Following the completion of the transaction, the chief executive officer now owns 657,990 shares in the company, valued at approximately $11,784,600.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Curtis D. Mcclellan sold 2,000 shares of ClubCorp Holdings stock in a transaction that occurred on Thursday, January 21st. The stock was sold at an average price of $12.94, for a total value of $25,880.00. Following the completion of the transaction, the chief financial officer now owns 102,125 shares of the company’s stock, valued at approximately $1,321,497.50. The disclosure for this sale can be found here.

Several institutional investors recently made changes to their positions in the company. California State Teachers Retirement System boosted its position in shares of ClubCorp Holdings by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 81,421 shares of the company’s stock worth $1,488,000 after buying an additional 1,289 shares during the period. TFS Capital LLC acquired a new position in ClubCorp Holdings during the fourth quarter worth about $2,311,000. Tipp Hill Capital Management acquired a new position in ClubCorp Holdings during the fourth quarter worth about $731,000. Quantitative Systematic Strategies acquired a new position in ClubCorp Holdings during the fourth quarter worth about $306,000. Finally, Beacon Capital Management acquired a new position in ClubCorp Holdings during the fourth quarter worth about $0.

Shares of ClubCorp Holdings (NASDAQ:MYCC) traded up 1.18% during trading on Friday, hitting $11.97. The company had a trading volume of 940,607 shares. The stock’s 50-day moving average price is $15.84 and its 200 day moving average price is $20.08. The company has a market capitalization of $775.02 million and a P/E ratio of 27.45. ClubCorp Holdings has a 52 week low of $11.58 and a 52 week high of $24.95.

The business also recently announced a quarterly dividend, which was paid on Friday, January 15th. Stockholders of record on Monday, January 4th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend was Wednesday, December 30th. This is a boost from ClubCorp Holdings’s previous quarterly dividend of $0.12.

ClubCorp Holdings, Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business, sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs, and business, sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf, tennis, swimming and other activities. The Company’s business, sports and alumni club segment is designed to provide its members with private locations where they can work, network and socialize. As of December 30, 2014, the Company’s portfolio of 207 owned or operated clubs, with over 180,000 memberships, serving over 400,000 individual members.

12 Month Chart for NASDAQ:MYCC

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