Wyndham Worldwide Co. (WYN) Shares Sold by QS Investors LLC

QS Investors LLC lowered its holdings in shares of Wyndham Worldwide Co. (NYSE:WYN) by 51.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,040 shares of the company’s stock after selling 3,201 shares during the period. QS Investors LLC’s holdings in Wyndham Worldwide were worth $352,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Lourd Capital LLC acquired a new position in shares of Wyndham Worldwide during the 4th quarter worth $231,000. Legal & General Group Plc raised its holdings in shares of Wyndham Worldwide by 1.7% during the 3rd 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 in the last quarter. Palo Capital Inc. raised its holdings in shares of Wyndham Worldwide by 10.3% during the 4th quarter. Palo Capital Inc. now owns 23,705 shares of the company’s stock worth $2,747,000 after buying an additional 2,222 shares in the last quarter. Stifel Financial Corp raised its holdings in shares of Wyndham Worldwide by 0.4% during the 3rd quarter. Stifel Financial Corp now owns 285,656 shares of the company’s stock worth $30,115,000 after buying an additional 1,007 shares in the last quarter. Finally, Asset Management One Co. Ltd. raised its holdings in shares of Wyndham Worldwide by 1.1% during the 3rd quarter. Asset Management One Co. Ltd. now owns 167,558 shares of the company’s stock worth $17,661,000 after buying an additional 1,866 shares in the last quarter. 92.92% of the stock is owned by institutional investors.

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In other Wyndham Worldwide news, VP Nicola Rossi sold 2,863 shares of the company’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $117.50, for a total value of $336,402.50. Following the sale, the vice president now owns 250 shares in the company, valued at approximately $29,375. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director George Herrera sold 270 shares of the company’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $121.76, for a total value of $32,875.20. The disclosure for this sale can be found here. Insiders have sold a total of 19,510 shares of company stock worth $2,273,541 in the last 90 days. 2.39% of the stock is currently owned by corporate insiders.

A number of research firms have recently commented on WYN. Zacks Investment Research cut Wyndham Worldwide from a “buy” rating to a “hold” rating in a report on Wednesday. Stifel Nicolaus boosted their price target on Wyndham Worldwide from $113.00 to $123.00 in a 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 report on Friday, February 2nd. SunTrust Banks boosted their price objective on Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Finally, Jefferies Group began 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. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. Wyndham Worldwide presently has a consensus rating of “Buy” and an average target price of $128.75.

Shares of Wyndham Worldwide stock opened at $112.39 on Friday. The firm has a market capitalization of $11,488.14, a price-to-earnings ratio of 13.28 and a beta of 1.38. Wyndham Worldwide Co. has a 52-week low of $83.19 and a 52-week high of $127.96. 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 (NYSE:WYN) last issued its quarterly earnings data 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. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. Wyndham Worldwide had a return on equity of 92.39% and a net margin of 15.35%. Wyndham Worldwide’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.35 EPS. analysts forecast that Wyndham Worldwide Co. will post 7.03 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Thursday, March 15th will be given a dividend of $0.66 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $2.64 dividend on an annualized basis and a yield of 2.35%. This is a positive change from Wyndham Worldwide’s previous quarterly dividend of $0.58. Wyndham Worldwide’s payout ratio is currently 31.21%.

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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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Institutional Ownership by Quarter for Wyndham Worldwide (NYSE:WYN)

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