Wyndham Worldwide Co. (NYSE:WYN) Director George Herrera sold 1,178 shares of the business’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $115.61, for a total value of $136,188.58. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
George Herrera also recently made the following trade(s):
- On Thursday, February 22nd, George Herrera sold 270 shares of Wyndham Worldwide stock. The shares were sold at an average price of $121.76, for a total value of $32,875.20.
Shares of Wyndham Worldwide Co. (WYN) traded down $1.55 on Wednesday, hitting $116.19. The stock had a trading volume of 808,170 shares, compared to its average volume of 1,035,860. The company has a debt-to-equity ratio of 6.44, a quick ratio of 1.03 and a current ratio of 1.17. Wyndham Worldwide Co. has a 12-month low of $81.16 and a 12-month high of $127.96. The company has a market cap of $11,858.12, a PE ratio of 19.21 and a beta of 1.38.
Wyndham Worldwide (NYSE:WYN) last issued its quarterly earnings results on Wednesday, February 14th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.35 by $0.14. Wyndham Worldwide had a return on equity of 92.39% and a net margin of 15.35%. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the firm posted $1.35 EPS. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. sell-side analysts forecast that Wyndham Worldwide Co. will post 7.03 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be given a $0.66 dividend. This is a boost from Wyndham Worldwide’s previous quarterly dividend of $0.58. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Wednesday, March 14th. Wyndham Worldwide’s payout ratio is currently 27.42%.
Several analysts have weighed in on the company. Stifel Nicolaus lifted their price objective on Wyndham Worldwide from $113.00 to $123.00 in a research report on Friday, January 5th. They noted that the move was a valuation call. ValuEngine raised Wyndham Worldwide from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. SunTrust Banks lifted their price objective on Wyndham Worldwide to $131.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. Jefferies Group assumed coverage on Wyndham Worldwide in a research report on Friday, January 19th. They set a “buy” rating and a $202.00 price objective on the stock. Finally, Macquarie assumed coverage on Wyndham Worldwide in a research report on Friday, January 5th. They set an “underperform” rating on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $123.44.
Institutional investors and hedge funds have recently modified their holdings of the company. Calton & Associates Inc. bought a new stake in shares of Wyndham Worldwide in the 4th quarter worth approximately $103,000. Gradient Investments LLC bought a new stake in shares of Wyndham Worldwide in the 4th quarter worth approximately $163,000. We Are One Seven LLC bought a new position in Wyndham Worldwide in the 4th quarter valued at approximately $171,000. Tower Research Capital LLC TRC lifted its position in Wyndham Worldwide by 790.6% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,612 shares of the company’s stock valued at $187,000 after acquiring an additional 1,431 shares in the last quarter. Finally, Reliance Trust Co. of Delaware bought a new position in Wyndham Worldwide in the 4th quarter valued at approximately $205,000. 92.98% of the stock is currently owned by hedge funds and other institutional investors.
About Wyndham Worldwide
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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