Wyndham Worldwide Corp (WYN) Shares Bought by Aperio Group LLC
Aperio Group LLC increased its stake in shares of Wyndham Worldwide Corp (NYSE:WYN) by 10.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 72,356 shares of the company’s stock after purchasing an additional 6,716 shares during the quarter. Aperio Group LLC owned 0.07% of Wyndham Worldwide Corp worth $7,627,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the business. Smithfield Trust Co. purchased a new stake in Wyndham Worldwide Corp during the 2nd quarter worth about $170,000. Janus Henderson Group PLC increased its holdings in Wyndham Worldwide Corp by 861.3% during the 2nd quarter. Janus Henderson Group PLC now owns 125,294 shares of the company’s stock worth $12,581,000 after purchasing an additional 112,260 shares during the last quarter. Lipe & Dalton purchased a new stake in Wyndham Worldwide Corp during the 2nd quarter worth approximately $3,463,000. State of Tennessee Treasury Department increased its holdings in shares of Wyndham Worldwide Corp by 16.6% in the 2nd quarter. State of Tennessee Treasury Department now owns 101,473 shares of the company’s stock valued at $10,189,000 after acquiring an additional 14,437 shares during the last quarter. Finally, Freestone Capital Holdings LLC increased its holdings in shares of Wyndham Worldwide Corp by 9.0% in the 2nd quarter. Freestone Capital Holdings LLC now owns 43,772 shares of the company’s stock valued at $4,395,000 after acquiring an additional 3,614 shares during the last quarter. Hedge funds and other institutional investors own 94.59% of the company’s stock.
In other Wyndham Worldwide Corp news, Director George Herrera sold 311 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $105.82, for a total transaction of $32,910.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.39% of the stock is owned by insiders.
A number of research analysts recently issued reports on WYN shares. Telsey Advisory Group lowered 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 lowered Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Finally, Zacks Investment Research downgraded Wyndham Worldwide Corp from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Wyndham Worldwide Corp has a consensus rating of “Hold” and an average price target of $108.29.
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Shares of Wyndham Worldwide Corp (NYSE:WYN) opened at $108.91 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.96 and a debt-to-equity ratio of 9.00. The stock has a market capitalization of $11,035.42, a PE ratio of 18.00 and a beta of 1.35. Wyndham Worldwide Corp has a 12-month low of $64.18 and a 12-month high of $110.74.
Wyndham Worldwide Corp (NYSE:WYN) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $2.03 EPS for the quarter, topping analysts’ consensus estimates of $2.02 by $0.01. Wyndham Worldwide Corp had a return on equity of 97.31% and a net margin of 10.20%. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.67 billion. During the same quarter last year, the company posted $1.89 earnings per share. Wyndham Worldwide Corp’s quarterly revenue was up 3.6% on a year-over-year basis. research analysts expect that Wyndham Worldwide Corp will post 6.04 EPS for the current year.
Wyndham Worldwide Corp announced that its Board of Directors has authorized a stock repurchase program on Wednesday, October 25th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
Wyndham Worldwide Corp 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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