Zeke Capital Advisors LLC bought a new position in shares of Wyndham Worldwide Co. (NYSE:WYN) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,858 shares of the company’s stock, valued at approximately $215,000.
Other hedge funds also recently made changes to their positions in the company. Calton & Associates Inc. purchased a new position in Wyndham Worldwide during the fourth quarter worth about $103,000. Gradient Investments LLC purchased a new position in Wyndham Worldwide during the fourth quarter worth about $163,000. Tower Research Capital LLC TRC boosted its stake in Wyndham Worldwide by 790.6% during the fourth 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 purchased a new position in Wyndham Worldwide during the fourth quarter worth about $205,000. Finally, Koch Industries Inc. purchased a new position in Wyndham Worldwide during the fourth quarter worth about $221,000. 92.92% of the stock is owned by institutional investors.
Several research analysts have weighed in on WYN shares. Wolfe Research raised shares of Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a research note on Thursday, December 21st. Zacks Investment Research raised shares of Wyndham Worldwide from a “sell” rating to a “hold” rating in a research note on Wednesday, December 27th. ValuEngine raised shares of Wyndham Worldwide from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Macquarie assumed coverage on shares of Wyndham Worldwide in a research note on Friday, January 5th. They issued an “underperform” rating for the company. Finally, Stifel Nicolaus raised their price objective on shares of Wyndham Worldwide from $113.00 to $123.00 in a research note on Friday, January 5th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $128.75.
Wyndham Worldwide stock traded down $1.02 during midday trading on Thursday, hitting $116.90. 23,470 shares of the stock traded hands, compared to its average volume of 999,202. The company has a current ratio of 1.17, a quick ratio of 1.03 and a debt-to-equity ratio of 6.44. Wyndham Worldwide Co. has a twelve month low of $83.19 and a twelve month high of $127.96. The stock has a market capitalization of $11,661.66, a price-to-earnings ratio of 18.89 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 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.14. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.39 billion. Wyndham Worldwide had a net margin of 15.35% and a return on equity of 92.39%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.35 earnings per share. analysts forecast that Wyndham Worldwide Co. will post 7.03 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be issued a $0.66 dividend. This is a boost from Wyndham Worldwide’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $2.64 annualized dividend and a yield of 2.26%. Wyndham Worldwide’s dividend payout ratio (DPR) is 31.21%.
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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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