November 21, 2016 - By Ellis Scott · 0 Comments
The stock of Wyndham Worldwide Corporation (NYSE:WYN) registered an increase of 7.23% in short interest. WYN’s total short interest was 9.19 million shares in November as published by FINRA. Its up 7.23% from 8.57 million shares, reported previously. With 938,500 shares average volume, it will take short sellers 10 days to cover their WYN’s short positions. The short interest to Wyndham Worldwide Corporation’s float is 8.49%. About 547,831 shares traded hands. Wyndham Worldwide Corporation (NYSE:WYN) has declined 6.51% since April 19, 2016 and is downtrending. It has underperformed by 10.37% the S&P500.
Wyndham Worldwide Corporation is a hospitality company. The company has a market cap of $7.96 billion. The Firm offers a range of hospitality services and products through its global portfolio of brands. It has a 13.99 P/E ratio. The Firm operates through three divisions: Hotel Group, Destination Network and Vacation Ownership.
Insitutional Activity: The institutional sentiment decreased to 0.91 in 2016 Q2. Its down 0.12, from 1.03 in 2016Q1. The ratio is negative, as 48 funds sold all Wyndham Worldwide Corporation shares owned while 156 reduced positions. 53 funds bought stakes while 158 increased positions. They now own 105.00 million shares or 5.88% less from 111.55 million shares in 2016Q1.
Paloma Prtnrs reported 3,221 shares or 0% of all its holdings. The Michigan-based State Treasurer State Of Michigan has invested 0.02% in Wyndham Worldwide Corporation (NYSE:WYN). Us Financial Bank De accumulated 268,260 shares or 0.07% of the stock. Trilogy Advsrs Ltd Partnership last reported 256,201 shares in the company. Blackrock last reported 0.03% of its portfolio in the stock. Fmr Llc accumulated 0.06% or 5.92M shares. Vsr Inc last reported 4,171 shares in the company. Robeco Institutional Asset Mngmt Bv last reported 0.02% of its portfolio in the stock. Lba Wealth Mngmt Ltd Liability Company has invested 0.01% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 23,108 shares or 0.02% of the stock. Teacher Retirement Systems Of Texas holds 0% or 8,053 shares in its portfolio. Banque Pictet Cie, a Switzerland-based fund reported 51,364 shares. Usca Ria Limited Co has invested 0.22% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Copeland Cap Mngmt Limited Com accumulated 114,814 shares or 0.56% of the stock. Richard Bernstein Advisors Ltd Co last reported 64,222 shares in the company.
Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 3 insider sales for $97,988 net activity. $33,199 worth of Wyndham Worldwide Corporation (NYSE:WYN) shares were sold by HERRERA GEORGE.
Out of 7 analysts covering Wyndham Worldwide Corporation (NYSE:WYN), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. Wyndham Worldwide Corporation has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was upgraded by Deutsche Bank on Monday, January 11 to “Hold”. Goldman Sachs downgraded the stock to “Buy” rating in Thursday, October 29 report. Goldman Sachs initiated Wyndham Worldwide Corporation (NYSE:WYN) on Monday, September 26 with “Neutral” rating. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Buy” rating by M Partners on Thursday, January 14. The firm has “Buy” rating by Stifel Nicolaus given on Friday, December 11. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Neutral” rating by Credit Suisse on Friday, February 5.
Wyndham Worldwide Corporation, incorporated on May 30, 2003, is a hospitality company. The Firm offers a range of hospitality services and products through its global portfolio of brands. The Firm operates through three divisions: Hotel Group, Destination Network and 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.
More recent Wyndham Worldwide Corporation (NYSE:WYN) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Drew Industries, Wyndham Worldwide and D.R. Horton” on November 21, 2016. Also Forbes.com published the news titled: “Wyndham Worldwide Becomes Oversold” on October 26, 2016. Forbes.com‘s news article titled: “Short Interest In Wyndham Worldwide Drops 21.2%” with publication date: November 10, 2016 was also an interesting one.
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By Ellis Scott