Bamco Inc. NY boosted its position in Wyndham Worldwide Corp (NYSE:WYN) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 295,640 shares of the company’s stock after buying an additional 5,900 shares during the quarter. Bamco Inc. NY owned approximately 0.29% of Wyndham Worldwide Corp worth $29,685,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in WYN. UBS Asset Management Americas Inc. increased its holdings in Wyndham Worldwide Corp by 8.7% in the first quarter. UBS Asset Management Americas Inc. now owns 271,562 shares of the company’s stock valued at $22,890,000 after buying an additional 21,741 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Wyndham Worldwide Corp by 18.6% in the first quarter. Ameriprise Financial Inc. now owns 66,866 shares of the company’s stock valued at $5,637,000 after buying an additional 10,479 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Wyndham Worldwide Corp by 3.4% in the first quarter. Pacer Advisors Inc. now owns 1,987 shares of the company’s stock valued at $167,000 after buying an additional 66 shares during the last quarter. SG Americas Securities LLC increased its holdings in Wyndham Worldwide Corp by 61.6% in the first quarter. SG Americas Securities LLC now owns 41,489 shares of the company’s stock valued at $3,497,000 after buying an additional 15,811 shares during the last quarter. Finally, Dai Ichi Life Insurance Company Ltd bought a new stake in Wyndham Worldwide Corp in the first quarter valued at about $216,000. 94.81% of the stock is owned by hedge funds and other institutional investors.

In related news, Director George Herrera sold 323 shares of the firm’s stock in a transaction that occurred on 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 Securities & Exchange Commission, which is available at this link. Company insiders own 2.39% of the company’s stock.

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Shares of Wyndham Worldwide Corp (NYSE WYN) traded up 0.15% during trading on Friday, hitting $105.41. The stock had a trading volume of 1,007,146 shares. Wyndham Worldwide Corp has a one year low of $62.60 and a one year high of $106.50. The stock has a market cap of $10.83 billion, a price-to-earnings ratio of 19.41 and a beta of 1.35. The stock’s 50-day moving average price is $99.50 and its 200 day moving average price is $96.05.

Wyndham Worldwide Corp (NYSE:WYN) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $1.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.50 by $0.03. The company 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%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted $1.40 earnings per share. On average, equities analysts forecast that Wyndham Worldwide Corp will post $6.16 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 25th were issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend was Wednesday, August 23rd. Wyndham Worldwide Corp’s payout ratio is 43.04%.

Several brokerages recently weighed in on WYN. 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 report on Thursday, June 22nd. BidaskClub raised Wyndham Worldwide Corp from a “buy” rating to a “strong-buy” rating in a report on Thursday, June 22nd. Zacks Investment Research raised Wyndham Worldwide Corp from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a report on Wednesday, June 28th. Telsey Advisory Group lowered Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 target price for the company. in a report on Friday, August 4th. Finally, Buckingham Research assumed coverage on Wyndham Worldwide Corp in a report on Monday, June 19th. They set a “buy” rating and a $114.00 target price for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $102.63.

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

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