Wyndham Worldwide Corp. (WYN) Stake Held by Court Place Advisors LLC
Court Place Advisors LLC maintained its position in shares of Wyndham Worldwide Corp. (NYSE:WYN) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,490 shares of the company’s stock at the end of the second quarter. Court Place Advisors LLC’s holdings in Wyndham Worldwide Corp. were worth $320,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Stifel Financial Corp increased its position in shares of Wyndham Worldwide Corp. by 79.1% in the fourth quarter. Stifel Financial Corp now owns 142,453 shares of the company’s stock worth $12,550,000 after buying an additional 62,893 shares in the last quarter. Norges Bank acquired a new position in shares of Wyndham Worldwide Corp. during the fourth quarter worth approximately $77,119,000. Chevy Chase Trust Holdings Inc. increased its position in shares of Wyndham Worldwide Corp. by 1.2% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 95,211 shares of the company’s stock worth $7,277,000 after buying an additional 1,130 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Wyndham Worldwide Corp. by 15.3% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,449 shares of the company’s stock worth $2,098,000 after buying an additional 3,650 shares in the last quarter. Finally, Exxonmobil Investment Management Inc. TX increased its position in shares of Wyndham Worldwide Corp. by 5.3% in the first quarter. Exxonmobil Investment Management Inc. TX now owns 27,393 shares of the company’s stock worth $2,094,000 after buying an additional 1,369 shares in the last quarter. 97.55% of the stock is owned by hedge funds and other institutional investors.
Shares of Wyndham Worldwide Corp. (NYSE:WYN) traded up 0.07% during mid-day trading on Tuesday, hitting $67.79. The company had a trading volume of 455,028 shares. The firm has a market cap of $7.45 billion, a PE ratio of 13.40 and a beta of 1.30. The firm’s 50 day moving average is $69.68 and its 200-day moving average is $71.69. Wyndham Worldwide Corp. has a 12-month low of $60.59 and a 12-month high of $82.99.
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, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.03. Wyndham Worldwide Corp. had a return on equity of 67.58% and a net margin of 10.43%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.44 billion. During the same period last year, the company earned $1.32 earnings per share. The business’s revenue was up .4% compared to the same quarter last year. On average, equities analysts expect that Wyndham Worldwide Corp. will post $5.73 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, August 26th were paid a $0.50 dividend. The ex-dividend date was Wednesday, August 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.95%. Wyndham Worldwide Corp.’s payout ratio is presently 39.60%.
A number of research analysts recently commented on WYN shares. Deutsche Bank AG reissued a “hold” rating on shares of Wyndham Worldwide Corp. in a report on Sunday, June 26th. Zacks Investment Research downgraded Wyndham Worldwide Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, June 29th. Wolfe Research started coverage on Wyndham Worldwide Corp. in a report on Wednesday, July 6th. They issued an “outperform” rating for the company. Telsey Advisory Group reduced their price target on Wyndham Worldwide Corp. from $95.00 to $94.00 and set an “outperform” rating for the company in a report on Thursday, July 28th. Finally, MKM Partners reaffirmed a “buy” rating on shares of Wyndham Worldwide Corp. in a report on Thursday, July 28th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $82.89.
In other news, Director George Herrera sold 463 shares of Wyndham Worldwide Corp. stock in a transaction dated Friday, August 19th. The stock was sold at an average price of $71.71, for a total value of $33,201.73. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.03% of the stock is owned by insiders.
About Wyndham Worldwide Corp.
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.
Want to see what other hedge funds are holding WYN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wyndham Worldwide Corp. (NYSE:WYN).
Receive News & Ratings for Wyndham Worldwide Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wyndham Worldwide Corp. and related companies with MarketBeat.com's FREE daily email newsletter.