Zacks Investment Research downgraded shares of Wyndham Worldwide Corp (NYSE:WYN) from a hold rating to a sell rating in a research note issued to investors on Thursday.

According to Zacks, “Owing to its large international presence, Wyndham is exposed to headwinds in the regions where it operates. Despite immense growth potential, a sluggish economy in Brazil, uncertainty in Africa, macroeconomic factors in Venezuela and China are likely to keep revenues under pressure. The company expects soft demand in oil-producing regions to continue to hurt RevPAR too. Meanwhile, although the new owner strategy is expected to benefit its timeshare business in the long run, it is currently weighing on the company’s EBITDA. Nevertheless, Wyndham’s robust developmental pipeline, prudent acquisitions and strong loyalty program should boost growth. It has a positive record of earnings surprises in recent quarters and estimates are stable ahead of its third-quarter earnings release. Still, currency movements might continue to hurt results as has been the case over the past few quarters.”

A number of other equities analysts have also recently weighed in on WYN. Telsey Advisory Group cut shares of Wyndham Worldwide Corp from an outperform rating to a market perform rating and set a $115.00 price objective for the company. in a research report on Friday, August 4th. BidaskClub cut shares of Wyndham Worldwide Corp from a buy rating to a hold rating in a research report on Saturday, August 5th. Buckingham Research began coverage on shares of Wyndham Worldwide Corp in a research report on Monday, June 19th. They issued a buy rating and a $114.00 price objective for the company. Finally, Stifel Nicolaus reissued a buy rating and issued a $110.00 price objective (up from $108.00) on shares of Wyndham Worldwide Corp in a research report on Thursday, June 22nd. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. Wyndham Worldwide Corp has an average rating of Hold and an average target price of $100.43.

Wyndham Worldwide Corp (WYN) traded up 0.22% during mid-day trading on Thursday, reaching $107.05. The company’s stock had a trading volume of 1,552,520 shares. The stock’s 50 day moving average price is $100.92 and its 200 day moving average price is $97.75. Wyndham Worldwide Corp has a 1-year low of $62.60 and a 1-year high of $107.23. The stock has a market capitalization of $11.00 billion, a P/E ratio of 19.71 and a beta of 1.36.

Wyndham Worldwide Corp (NYSE:WYN) last announced its quarterly earnings results on Wednesday, August 2nd. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.03. Wyndham Worldwide Corp had a net margin of 10.17% and a return on equity of 91.17%. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.47 billion. During the same period in the prior year, the company earned $1.40 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. Analysts expect that Wyndham Worldwide Corp will post $6.16 EPS for the current fiscal year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Shareholders of record on Friday, August 25th were given a $0.58 dividend. The ex-dividend date of this dividend was Wednesday, August 23rd. This represents a $2.32 dividend on an annualized basis and a yield of 2.17%. Wyndham Worldwide Corp’s payout ratio is currently 43.04%.

In other news, Director George Herrera sold 323 shares of the company’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $97.60, for a total value of $31,524.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.39% of the company’s stock.

Institutional investors have recently modified their holdings of the company. IHT Wealth Management LLC raised its stake in shares of Wyndham Worldwide Corp by 15.9% in the 1st quarter. IHT Wealth Management LLC now owns 1,463 shares of the company’s stock valued at $123,000 after purchasing an additional 201 shares in the last quarter. Dubuque Bank & Trust Co. raised its stake in shares of Wyndham Worldwide Corp by 125.0% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 1,483 shares of the company’s stock valued at $149,000 after purchasing an additional 824 shares in the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in shares of Wyndham Worldwide Corp in the 2nd quarter valued at about $158,000. Bronfman E.L. Rothschild L.P. raised its stake in shares of Wyndham Worldwide Corp by 26.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,625 shares of the company’s stock valued at $163,000 after purchasing an additional 338 shares in the last quarter. Finally, Smithfield Trust Co. acquired a new stake in shares of Wyndham Worldwide Corp in the 2nd quarter valued at about $170,000. Institutional investors and hedge funds own 94.99% of the company’s stock.

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.

Analyst Recommendations for Wyndham Worldwide Corp (NYSE:WYN)

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