Andra AP fonden Has $3.47 Million Stake in Wyndham Worldwide Corp (WYN)
Andra AP fonden boosted its position in Wyndham Worldwide Corp (NYSE:WYN) by 20.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,600 shares of the company’s stock after buying an additional 5,900 shares during the period. Andra AP fonden’s holdings in Wyndham Worldwide Corp were worth $3,474,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. increased its stake in Wyndham Worldwide Corp by 0.4% in the first quarter. Assetmark Inc. now owns 3,175 shares of the company’s stock valued at $267,000 after buying an additional 12 shares during the period. Creative Planning increased its stake in Wyndham Worldwide Corp by 0.7% in the second quarter. Creative Planning now owns 6,182 shares of the company’s stock valued at $621,000 after buying an additional 42 shares during the period. Contravisory Investment Management Inc. increased its stake in Wyndham Worldwide Corp by 1.3% in the second quarter. Contravisory Investment Management Inc. now owns 3,284 shares of the company’s stock valued at $330,000 after buying an additional 43 shares during the period. Savant Capital LLC increased its stake in Wyndham Worldwide Corp by 1.3% in the first quarter. Savant Capital LLC now owns 3,826 shares of the company’s stock valued at $322,000 after buying an additional 49 shares during the period. Finally, BB&T Securities LLC increased its stake in Wyndham Worldwide Corp by 2.3% in the second quarter. BB&T Securities LLC now owns 2,499 shares of the company’s stock valued at $250,000 after buying an additional 56 shares during the period. 94.81% of the stock is owned by institutional investors and hedge funds.
Wyndham Worldwide Corp (NYSE:WYN) opened at 99.68 on Friday. Wyndham Worldwide Corp has a 12-month low of $62.60 and a 12-month high of $106.50. The stock has a market capitalization of $10.25 billion, a PE ratio of 18.36 and a beta of 1.34. The company’s 50-day moving average is $100.60 and its 200 day moving average is $94.47.
Wyndham Worldwide Corp (NYSE:WYN) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.50 by $0.03. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.47 billion. Wyndham Worldwide Corp had a net margin of 10.17% and a return on equity of 91.17%. Wyndham Worldwide Corp’s revenue was up 5.4% compared to the same quarter last year. During the same period last year, the business earned $1.40 EPS. On average, equities research analysts expect that Wyndham Worldwide Corp will post $6.18 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Shareholders of record on Friday, August 25th will be paid a dividend of $0.58 per share. The ex-dividend date of this dividend is Wednesday, August 23rd. This represents a $2.32 dividend on an annualized basis and a yield of 2.33%. Wyndham Worldwide Corp’s dividend payout ratio is currently 43.04%.
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Several equities research analysts have weighed in on the stock. BidaskClub downgraded shares of Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Telsey Advisory Group downgraded shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price target for the company. in a research note on Friday, August 4th. Zacks Investment Research downgraded shares of Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $110.00 price target (up from $108.00) on shares of Wyndham Worldwide Corp in a research note on Thursday, June 22nd. Finally, Buckingham Research assumed coverage on shares of Wyndham Worldwide Corp in a research note on Monday, June 19th. They issued a “buy” rating and a $114.00 price target for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $99.22.
In other Wyndham Worldwide Corp news, Director George Herrera sold 323 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $97.60, for a total transaction of $31,524.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.39% of the stock is currently owned by company insiders.
Wyndham Worldwide Corp Company Profile
Wyndham Worldwide Corporation is a hospitality company. The Company offers a range of hospitality services and products through its global portfolio of brands. The Company operates through three segments: Wyndham Hotel Group, Wyndham Destination Network and Wyndham Vacation Ownership. The Company’s brands include Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites by Wyndham, TRYP by Wyndham, Dolce Hotels and Resorts, RCI, Landal GreenParks, Novasol, Hoseasons, cottages.com, James Villa Holidays, Wyndham Vacation Rentals, Wyndham Vacation Resorts, Shell Vacations Club and WorldMark by Wyndham.
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