Traders Sell Wyndham Worldwide Corp (WYN) on Strength (WYN)

Investors sold shares of Wyndham Worldwide Corp (NYSE:WYN) on strength during trading on Tuesday. $17.77 million flowed into the stock on the tick-up and $45.41 million flowed out of the stock on the tick-down, for a money net flow of $27.64 million out of the stock. Of all stocks tracked, Wyndham Worldwide Corp had the 0th highest net out-flow for the day. Wyndham Worldwide Corp traded up $1.24 for the day and closed at $107.54

WYN has been the topic of several research reports. Zacks Investment Research raised shares of Wyndham Worldwide Corp from a “sell” rating to a “hold” rating and set a $124.00 price objective on the stock in a research report on Thursday, October 12th. Telsey Advisory Group lowered shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price objective on the stock. in a research report on Friday, August 4th. Finally, BidaskClub lowered shares of Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $108.29.

The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 9.00. The stock has a market cap of $10,747.67, a PE ratio of 17.53 and a beta of 1.35.

Wyndham Worldwide Corp (NYSE:WYN) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.01. Wyndham Worldwide Corp had a net margin of 10.20% and a return on equity of 97.31%. The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the previous year, the firm posted $1.89 earnings per share. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. analysts forecast that Wyndham Worldwide Corp will post 6.04 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 27th will be given a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Friday, November 24th. Wyndham Worldwide Corp’s dividend payout ratio (DPR) is currently 41.58%.

Wyndham Worldwide Corp announced that its board has initiated a stock repurchase plan on Wednesday, October 25th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

In other 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 value of $32,910.02. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.39% of the company’s stock.

Large investors have recently modified their holdings of the stock. Dubuque Bank & Trust Co. grew its stake in Wyndham Worldwide Corp by 125.0% during the second quarter. Dubuque Bank & Trust Co. now owns 1,483 shares of the company’s stock valued at $149,000 after acquiring an additional 824 shares in the last quarter. San Francisco Sentry Investment Group CA purchased a new position in Wyndham Worldwide Corp during the second quarter valued at approximately $158,000. Bronfman E.L. Rothschild L.P. grew its stake in Wyndham Worldwide Corp by 26.3% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,625 shares of the company’s stock valued at $163,000 after acquiring an additional 338 shares in the last quarter. Smithfield Trust Co. purchased a new position in Wyndham Worldwide Corp during the second quarter valued at approximately $170,000. Finally, Jane Street Group LLC purchased a new position in Wyndham Worldwide Corp during the third quarter valued at approximately $209,000. 95.75% of the stock is owned by institutional investors.

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About Wyndham Worldwide Corp

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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