November 28, 2016 - By Ellis Scott · 0 Comments
Wyndham Worldwide Corp (NYSE:WYN) institutional sentiment decreased to 0.91 in Q2 2016. Its down -0.12, from 1.03 in 2016Q1. The ratio worsened, as 211 institutional investors opened new and increased equity positions, while 204 reduced and sold stock positions in Wyndham Worldwide Corp. The institutional investors in our partner’s database now possess: 105.00 million shares, down from 111.55 million shares in 2016Q1. Also, the number of institutional investors holding Wyndham Worldwide Corp in their top 10 equity positions increased from 4 to 5 for an increase of 1. Sold All: 48 Reduced: 156 Increased: 158 New Position: 53.
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 14.18 P/E ratio. The Firm operates through three divisions: Hotel Group, Destination Network and Vacation Ownership.
The stock closed at $74.2 during the last session. It is down 2.46% since April 25, 2016 and is downtrending. It has underperformed by 8.47% the S&P500.
Analysts await Wyndham Worldwide Corporation (NYSE:WYN) to report earnings on February, 14. They expect $1.30 earnings per share, up 32.65% or $0.32 from last year’s $0.98 per share. WYN’s profit will be $139.46M for 14.27 P/E if the $1.30 EPS becomes a reality. After $1.89 actual earnings per share reported by Wyndham Worldwide Corporation for the previous quarter, Wall Street now forecasts -31.22% negative EPS growth.
According to Zacks Investment Research, “Wyndham Worldwide offers individual consumers and business customers a broad array of hospitality products and services as well as various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. The Company operates in the lodging, vacation exchange and rentals, and vacation ownership segments of the hospitality industry. Through the lodging business, the Company franchise hotels in the upscale, midscale, and economy segments of the lodging industry and provide hotel management services to owners of luxury, upscale and midscale hotels. Through the vacation exchange and rentals business, the Company provides vacation exchange products and services and access to distribution systems and networks to resort developers and owners of intervals of vacation ownership interests. Through, the vacation ownership business, the Company develops, markets and sells vacation ownership interests to individual consumers.”
Iridian Asset Management Llc Ct holds 4.12% of its portfolio in Wyndham Worldwide Corporation for 6.25 million shares. Tremblant Capital Group owns 689,269 shares or 2.84% of their US portfolio. Moreover, Mrj Capital Inc has 2.73% invested in the company for 56,200 shares. The Iowa-based Pecaut & Co. has invested 2.7% in the stock. Quantum Capital Management, a California-based fund reported 261,411 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 2 selling transactions for $67,219 net activity.
Ratings analysis reveals 43% of Wyndham Worldwide Corporation’s analysts are positive. Out of 7 Wall Street analysts rating Wyndham Worldwide Corporation, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $63 while the high is $107. The stock’s average target of $81.40 is 9.70% above today’s ($74.2) share price. WYN was included in 10 notes of analysts from July 30, 2015. The rating was maintained by Stifel Nicolaus on Friday, December 11 with “Buy”. The stock has “Buy” rating given by Goldman Sachs on Thursday, October 29. On Monday, September 26 the stock rating was initiated by Goldman Sachs with “Neutral”. Deutsche Bank upgraded Wyndham Worldwide Corporation (NYSE:WYN) on Monday, January 11 to “Hold” rating. The stock has “Buy” rating given by M Partners on Thursday, January 14. Credit Suisse initiated the stock with “Neutral” rating in Friday, February 5 report.
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 news for Wyndham Worldwide Corporation (NYSE:WYN) were recently published by: Forbes.com, which released: “Wyndham Worldwide Becomes Oversold” on October 26, 2016. Forbes.com‘s article titled: “RSI Alert: Wyndham Worldwide Now Oversold” and published on September 13, 2016 is yet another important article.
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By Ellis Scott