EP Wealth Advisors LLC lifted its position in shares of Wyndham Worldwide Co. (NYSE:WYN) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,833 shares of the company’s stock after acquiring an additional 1,709 shares during the quarter. Wyndham Worldwide makes up approximately 1.1% of EP Wealth Advisors LLC’s portfolio, making the stock its 29th biggest position. EP Wealth Advisors LLC’s holdings in Wyndham Worldwide were worth $10,641,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Calton & Associates Inc. acquired a new stake in shares of Wyndham Worldwide during the 4th quarter valued at $103,000. Gradient Investments LLC acquired a new position in Wyndham Worldwide during the 4th quarter worth about $163,000. Tower Research Capital LLC TRC lifted its holdings in Wyndham Worldwide by 790.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,612 shares of the company’s stock worth $187,000 after buying an additional 1,431 shares during the period. Reliance Trust Co. of Delaware acquired a new position in Wyndham Worldwide during the 4th quarter worth about $205,000. Finally, Jane Street Group LLC acquired a new position in Wyndham Worldwide during the 3rd quarter worth about $209,000. 92.98% of the stock is currently owned by institutional investors.
In other news, Director George Herrera sold 270 shares of Wyndham Worldwide stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $121.76, for a total value of $32,875.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Scott G. Mclester sold 15,381 shares of Wyndham Worldwide stock in a transaction dated Monday, December 18th. The stock was 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 directly owns 8,917 shares of the company’s stock, valued at $1,025,455. The disclosure for this sale can be found here. Over the last three months, insiders sold 34,891 shares of company stock valued at $4,042,356. Corporate insiders own 2.39% of the company’s stock.
Several research analysts have commented on the company. SunTrust Banks lifted their target price on Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. ValuEngine raised Wyndham Worldwide from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Stifel Nicolaus reaffirmed a “buy” rating and set a $130.00 target price on shares of Wyndham Worldwide in a report on Friday, January 19th. Jefferies Group assumed coverage on Wyndham Worldwide in a report on Friday, January 19th. They set a “buy” rating and a $202.00 target price on the stock. Finally, Goldman Sachs Group raised Wyndham Worldwide from a “neutral” rating to a “buy” rating in a report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. Wyndham Worldwide has a consensus rating of “Buy” and a consensus price target of $123.44.
Wyndham Worldwide Co. (NYSE:WYN) opened at $116.08 on Thursday. Wyndham Worldwide Co. has a 12-month low of $81.16 and a 12-month high of $127.96. The company has a debt-to-equity ratio of 6.44, a current ratio of 1.17 and a quick ratio of 1.03. The firm has a market capitalization of $11,807.26, a PE ratio of 13.72 and a beta of 1.38.
Wyndham Worldwide (NYSE:WYN) last posted its quarterly earnings data on Wednesday, February 14th. The company reported $1.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate 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 during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the company posted $1.35 EPS. The business’s quarterly revenue was up 5.6% on a year-over-year basis. research analysts predict that Wyndham Worldwide Co. will post 7.03 earnings per share for the current year.
The firm also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, March 14th. This is a positive change from Wyndham Worldwide’s previous quarterly dividend of $0.58. This represents a $2.64 annualized dividend and a dividend yield of 2.27%. Wyndham Worldwide’s dividend payout ratio (DPR) is 27.42%.
Wyndham Worldwide 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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