Veritable L.P. lifted its stake in Wyndham Worldwide Corp (NYSE:WYN) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,587 shares of the company’s stock after purchasing an additional 116 shares during the quarter. Veritable L.P.’s holdings in Wyndham Worldwide Corp were worth $360,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. IHT Wealth Management LLC boosted its stake in Wyndham Worldwide Corp by 15.9% in the 1st quarter. IHT Wealth Management LLC now owns 1,463 shares of the company’s stock worth $123,000 after purchasing an additional 201 shares in the last quarter. Dubuque Bank & Trust Co. raised its stake in Wyndham Worldwide Corp by 125.0% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 1,483 shares of the company’s stock worth $149,000 after acquiring an additional 824 shares during the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in Wyndham Worldwide Corp by 26.3% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 1,625 shares of the company’s stock worth $163,000 after acquiring an additional 338 shares during the last quarter. Pacer Advisors Inc. raised its stake in Wyndham Worldwide Corp by 3.4% in the 1st quarter. Pacer Advisors Inc. now owns 1,987 shares of the company’s stock worth $167,000 after acquiring an additional 66 shares during the last quarter. Finally, Smithfield Trust Co. purchased a new position in Wyndham Worldwide Corp in the 2nd quarter worth $170,000. Institutional investors own 94.99% of the company’s stock.

WYN has been the subject of several research analyst reports. BidaskClub upgraded Wyndham Worldwide Corp from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research upgraded shares of Wyndham Worldwide Corp from a “hold” rating to a “buy” rating and set a $118.00 price target on the stock in a report on Wednesday, June 28th. Stifel Nicolaus reissued a “buy” rating and set a $110.00 price target (up from $108.00) on shares of Wyndham Worldwide Corp in a research report on Thursday, June 22nd. Buckingham Research initiated coverage on shares of Wyndham Worldwide Corp in a research note on Monday, June 19th. They set a “buy” rating and a $114.00 price objective for the company. Finally, Telsey Advisory Group lowered shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price objective on the stock. in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $102.63.

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Wyndham Worldwide Corp (NYSE WYN) opened at 105.28 on Wednesday. The stock has a market capitalization of $10.82 billion, a price-to-earnings ratio of 19.39 and a beta of 1.36. Wyndham Worldwide Corp has a 12-month low of $62.60 and a 12-month high of $106.61. The stock’s 50 day moving average is $100.52 and its 200 day moving average is $97.62.

Wyndham Worldwide Corp (NYSE:WYN) last released its earnings results on Wednesday, August 2nd. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.03. Wyndham Worldwide Corp had a return on equity of 91.17% and a net margin of 10.17%. The company had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter last year, the company earned $1.40 earnings per share. Wyndham Worldwide Corp’s quarterly revenue was up 5.4% compared to the same quarter last year. Equities research analysts forecast that Wyndham Worldwide Corp will post $6.16 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 25th were paid a dividend of $0.58 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.20%. Wyndham Worldwide Corp’s dividend payout ratio (DPR) is presently 43.04%.

In other news, Director George Herrera sold 323 shares of the stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $97.60, for a total value of $31,524.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.39% of the company’s stock.

Wyndham Worldwide Corp 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.

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

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