Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is Interval Leisure Group, Inc. (IILG) A Good Stock To Buy?

Before we spend many hours researching a company, we’d like to analyze what hedge funds and billionaire investors think of the stock first. We would like to do so because the elite investors’ consensus returns have been exceptional. The top 30 S&P 500 stocks among hedge funds at the end of September 2014 yielded an average return of 9.5% during the last 12 months ending in October 30. Sixty three percent of these 30 stocks outperformed the market. Although the elite funds occasionally have their duds, such as Micron and Anadarko Petroleum, which fell 50% and 26%, respectively during the same time period, the hedge fund picks seem to work on average. In the following paragraphs, we find out what the billionaire investors and hedge funds think of Interval Leisure Group, Inc. (NASDAQ:IILG).

Interval Leisure Group, Inc. (NASDAQ:IILG) was in 14 hedge funds’ portfolios at the end of the third quarter of 2015. Interval Leisure Group, Inc. (NASDAQ:IILG) has seen a decrease in hedge fund interest in recent months. There were 17 hedge funds in our database with Interval Leisure Group, Inc. (NASDAQ:IILG) positions at the end of the previous quarter. Adding to a bearish hedge fund sentiment was a similar market response, as the shares of the company lost 19.65% value during the third quarter. In order to understand the hedge fund behavior towards Interval Leisure Group, Inc. (NASDAQ:IILG), we will discuss hedge funds that maintained stakes in the company, at the end of September.

The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity, but it may still be less popular than similarly priced stocks. That’s why at the end of this article, we will examine companies such as California Water Service Group (NYSE:CWT), Sibanye Gold Ltd (ADR) (NYSE:SBGL), and Renren Inc (NYSE:RENN) to gather more data points.

Follow Ilg Llc (NASDAQ:ILG)
Trade (NASDAQ:ILG) Now!

Today, there are a large number of tools market participants employ to value stocks. Two of the best tools are hedge fund and insider trading activity. We have shown that, historically, those who follow the best picks of the elite fund managers can trounce the S&P 500 by a significant amount (see the details here).

Now, let’s take a look at the fresh action encompassing Interval Leisure Group, Inc. (NASDAQ:IILG).

How have hedgies been trading Interval Leisure Group, Inc. (NASDAQ:IILG)?

At the end of the third quarter, a total of 14 of the hedge funds tracked by Insider Monkey held long positions in this stock, a drop of 18% from the previous quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a few noteworthy hedge fund managers who were boosting their holdings substantially (or already accumulated large positions).

When looking at the institutional investors followed by Insider Monkey, Wallace R. Weitz & Co., managed by Wallace Weitz, holds the most valuable position in Interval Leisure Group, Inc. (NASDAQ:IILG). Wallace R. Weitz & Co. has a $55.2 million position in the stock, comprising 1.7% of its 13F portfolio. The second most bullish fund manager is Renaissance Technologies, which holds a $5.7 million position; less than 0.1% of its 13F portfolio is allocated to the company. Remaining professional money managers that hold long positions comprise Joel Greenblatt’s Gotham Asset Management, D E Shaw, and Roger Ibbotson’s Zebra Capital Management.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.