Capital Analysts LLC grew its position in shares of Wyndham Worldwide Co. (NYSE:WYN) by 3,096.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,193 shares of the company’s stock after acquiring an additional 13,749 shares during the quarter. Capital Analysts LLC’s holdings in Wyndham Worldwide were worth $1,158,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Iridian Asset Management LLC CT lifted its position in Wyndham Worldwide by 9.7% in the fourth quarter. Iridian Asset Management LLC CT now owns 2,400,474 shares of the company’s stock worth $278,143,000 after buying an additional 211,886 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Wyndham Worldwide by 52.3% in the third quarter. JPMorgan Chase & Co. now owns 2,025,053 shares of the company’s stock worth $213,136,000 after buying an additional 695,118 shares during the last quarter. Smith Asset Management Group LP lifted its position in Wyndham Worldwide by 171.3% in the third quarter. Smith Asset Management Group LP now owns 748,347 shares of the company’s stock worth $25,807,000 after buying an additional 472,464 shares during the last quarter. Janus Henderson Group PLC lifted its position in Wyndham Worldwide by 479.7% in the third quarter. Janus Henderson Group PLC now owns 726,274 shares of the company’s stock worth $76,556,000 after buying an additional 600,980 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in Wyndham Worldwide by 1.7% in the third quarter. Legal & General Group Plc now owns 593,617 shares of the company’s stock worth $62,573,000 after buying an additional 9,892 shares during the last quarter. Hedge funds and other institutional investors own 93.08% of the company’s stock.
Shares of Wyndham Worldwide Co. (NYSE:WYN) opened at $119.59 on Friday. The company has a debt-to-equity ratio of 6.44, a current ratio of 1.17 and a quick ratio of 0.81. Wyndham Worldwide Co. has a 52 week low of $81.16 and a 52 week high of $127.96. The firm has a market capitalization of $11,941.89, a price-to-earnings ratio of 19.35 and a beta of 1.37.
Wyndham Worldwide (NYSE:WYN) last released its earnings results on Wednesday, February 14th. The company reported $1.49 earnings per share 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 business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the firm posted $1.35 earnings per share. The business’s revenue was up 5.6% compared to the same quarter last year. sell-side analysts expect that Wyndham Worldwide Co. will post 7.03 EPS for the current year.
In other Wyndham Worldwide news, VP Scott G. Mclester sold 15,381 shares of the stock in a transaction on 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 sale, the vice president now owns 8,917 shares in the company, valued at $1,025,455. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 2.39% of the company’s stock.
A number of analysts recently issued reports on WYN shares. Wolfe Research upgraded Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a research report on Thursday, December 21st. Goldman Sachs Group upgraded Wyndham Worldwide from a “neutral” rating to a “buy” rating in a research report on Friday, January 19th. Stifel Nicolaus raised their price target 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 upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Jefferies Group started coverage on Wyndham Worldwide in a research report on Friday, January 19th. They issued a “buy” rating and a $202.00 price target for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $123.44.
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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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