Wyndham Worldwide Corp. (NYSE:WYN)’s share price dropped 9.5% during trading on Wednesday . The company traded as low as $69.55 and last traded at $69.89, with a volume of 2,870,583 shares traded. The stock had previously closed at $77.19.

WYN has been the subject of a number of research analyst reports. Telsey Advisory Group lifted their price target on Wyndham Worldwide Corp. from $93.00 to $95.00 and gave the stock an “outperform” rating in a report on Wednesday, April 27th. MKM Partners lifted their price target on Wyndham Worldwide Corp. from $88.00 to $89.00 and gave the stock a “buy” rating in a report on Wednesday, April 27th. Deutsche Bank AG reiterated a “hold” rating on shares of Wyndham Worldwide Corp. in a report on Sunday, June 26th. Zacks Investment Research cut Wyndham Worldwide Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Finally, Wolfe Research initiated coverage on Wyndham Worldwide Corp. in a report on Wednesday, July 6th. They set an “outperform” rating for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $83.33.

The firm’s 50 day moving average price is $71.54 and its 200-day moving average price is $71.06. The firm has a market capitalization of $7.91 billion and a P/E ratio of 14.12.

Wyndham Worldwide Corp. (NYSE:WYN) last posted its earnings results on Wednesday, July 27th. The company reported $1.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.37 by $0.03. The business earned $1.40 billion during the quarter, compared to analyst estimates of $1.44 billion. The company’s revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.32 EPS. Analysts predict that Wyndham Worldwide Corp. will post $5.69 EPS for the current year.

In related news, Director George Herrera sold 456 shares of the company’s stock in a transaction dated Wednesday, June 1st. The shares were sold at an average price of $67.48, for a total value of $30,770.88. The transaction was disclosed in a document filed with the SEC, which is available at this link.

A number of large investors have recently modified their holdings of WYN. Atlantic Trust Group LLC increased its stake in shares of Wyndham Worldwide Corp. by 30.9% in the fourth quarter. Atlantic Trust Group LLC now owns 15,267 shares of the company’s stock worth $1,109,000 after buying an additional 3,600 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Wyndham Worldwide Corp. by 4.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 15,657 shares of the company’s stock worth $1,137,000 after buying an additional 633 shares during the last quarter. BOKF NA increased its stake in shares of Wyndham Worldwide Corp. by 4.7% in the fourth quarter. BOKF NA now owns 16,487 shares of the company’s stock worth $1,197,000 after buying an additional 737 shares during the last quarter. Utah Retirement Systems increased its stake in shares of Wyndham Worldwide Corp. by 0.5% in the fourth quarter. Utah Retirement Systems now owns 21,508 shares of the company’s stock worth $1,562,000 after buying an additional 100 shares during the last quarter. Finally, Condor Capital Management increased its stake in shares of Wyndham Worldwide Corp. by 0.7% in the fourth quarter. Condor Capital Management now owns 26,027 shares of the company’s stock worth $1,891,000 after buying an additional 173 shares during the last quarter.

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: Hotel Group, Destination Network and Vacation Ownership. The Hotel Group segment has approximately 7,800 hotels and over 678,000 hotel rooms around the world.

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