Wyndham Worldwide Co. (WYN) Receives Average Rating of “Buy” from Analysts

Shares of Wyndham Worldwide Co. (NYSE:WYN) have earned an average recommendation of “Buy” from the thirteen analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $128.57.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research note on Tuesday, March 20th. Stifel Nicolaus increased their target price on 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. ValuEngine upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. SunTrust Banks increased their target price on Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a research note on Thursday, February 15th. Finally, Jefferies Group assumed coverage on Wyndham Worldwide in a research note on Friday, January 19th. They set a “buy” rating and a $202.00 target price on the stock.

In other Wyndham Worldwide news, Director George Herrera sold 270 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $121.76, for a total transaction of $32,875.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Nicola Rossi sold 2,863 shares of the firm’s stock in a transaction on Tuesday, March 6th. The stock was sold at an average price of $117.50, for a total value of $336,402.50. Following the transaction, the vice president now owns 250 shares in the company, valued at approximately $29,375. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,510 shares of company stock worth $2,273,541. Corporate insiders own 2.39% of the company’s stock.

A number of institutional investors have recently bought and sold shares of the business. Eagle Asset Management Inc. increased its stake in Wyndham Worldwide by 1.4% during the 4th quarter. Eagle Asset Management Inc. now owns 32,981 shares of the company’s stock worth $3,831,000 after acquiring an additional 459 shares during the period. M&T Bank Corp increased its stake in Wyndham Worldwide by 2.2% during the 4th quarter. M&T Bank Corp now owns 21,777 shares of the company’s stock worth $2,522,000 after acquiring an additional 464 shares during the period. Boston Private Wealth LLC increased its stake in Wyndham Worldwide by 3.9% during the 3rd quarter. Boston Private Wealth LLC now owns 12,577 shares of the company’s stock worth $1,326,000 after acquiring an additional 476 shares during the period. ETRADE Capital Management LLC increased its stake in Wyndham Worldwide by 16.2% during the 3rd quarter. ETRADE Capital Management LLC now owns 3,588 shares of the company’s stock worth $378,000 after acquiring an additional 499 shares during the period. Finally, Public Employees Retirement Association of Colorado increased its stake in Wyndham Worldwide by 2.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 20,678 shares of the company’s stock worth $2,396,000 after acquiring an additional 539 shares during the period. Hedge funds and other institutional investors own 92.92% of the company’s stock.

Shares of Wyndham Worldwide (NYSE WYN) opened at $112.39 on Monday. The stock has a market capitalization of $11,207.87, a P/E ratio of 13.28 and a beta of 1.38. The company has a debt-to-equity ratio of 6.44, a current ratio of 1.17 and a quick ratio of 1.03. Wyndham Worldwide has a 52-week low of $83.19 and a 52-week high of $127.96.

Wyndham Worldwide (NYSE:WYN) last announced its earnings results on Wednesday, February 14th. The company reported $1.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.35 by $0.14. The company 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%. The firm’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.35 earnings per share. sell-side analysts anticipate that Wyndham Worldwide will post 7.03 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 2.35%. 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. 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.

Analyst Recommendations for Wyndham Worldwide (NYSE:WYN)

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