US Bancorp DE lowered its stake in shares of Wyndham Worldwide Co. (NYSE:WYN) by 1.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 96,354 shares of the company’s stock after selling 1,056 shares during the period. US Bancorp DE’s holdings in Wyndham Worldwide were worth $11,164,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in WYN. Ameriprise Financial Inc. boosted its holdings in Wyndham Worldwide by 29.4% during the second quarter. Ameriprise Financial Inc. now owns 86,503 shares of the company’s stock worth $8,695,000 after buying an additional 19,637 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Wyndham Worldwide by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 598,253 shares of the company’s stock valued at $60,073,000 after purchasing an additional 5,757 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of Wyndham Worldwide by 1.2% in the second quarter. HighTower Advisors LLC now owns 4,705 shares of the company’s stock valued at $476,000 after purchasing an additional 54 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Wyndham Worldwide by 861.3% in the second quarter. Janus Henderson Group PLC now owns 125,294 shares of the company’s stock valued at $12,581,000 after purchasing an additional 112,260 shares in the last quarter. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Wyndham Worldwide by 29.4% in the second quarter. Cubist Systematic Strategies LLC now owns 13,991 shares of the company’s stock valued at $1,405,000 after purchasing an additional 3,177 shares in the last quarter. 93.77% of the stock is currently owned by hedge funds and other institutional investors.

Wyndham Worldwide Co. (WYN) opened at $118.72 on Thursday. The company has a debt-to-equity ratio of 9.00, a current ratio of 0.96 and a quick ratio of 0.81. The firm has a market cap of $11,831.86, a P/E ratio of 21.28 and a beta of 1.37. Wyndham Worldwide Co. has a 52-week low of $80.11 and a 52-week high of $127.96.

Wyndham Worldwide declared that its board has authorized a share repurchase plan on Wednesday, October 25th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Several brokerages have issued reports on WYN. Jefferies Group began coverage on shares of Wyndham Worldwide in a report on Friday, January 19th. They issued a “buy” rating and a $202.00 price target on the stock. Wolfe Research raised shares of Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a report on Thursday, December 21st. Zacks Investment Research downgraded shares of Wyndham Worldwide from a “hold” rating to a “sell” rating in a report on Monday, October 30th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $130.00 price target on shares of Wyndham Worldwide in a report on Friday, January 19th. Finally, Goldman Sachs Group raised shares of Wyndham Worldwide from a “neutral” rating to a “buy” rating in a report on Friday, January 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $122.50.

In other news, VP Scott G. Mclester sold 15,381 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $115.00, for a total value of $1,768,815.00. Following the completion of the transaction, the vice president now owns 8,917 shares of the company’s stock, valued at $1,025,455. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 2.39% of the company’s stock.

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Wyndham Worldwide 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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Institutional Ownership by Quarter for Wyndham Worldwide (NYSE:WYN)

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