California Public Employees Retirement System lifted its position in shares of Wyndham Worldwide Corp (NYSE:WYN) by 2.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 380,833 shares of the company’s stock after buying an additional 7,700 shares during the quarter. California Public Employees Retirement System owned about 0.37% of Wyndham Worldwide Corp worth $38,239,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smithfield Trust Co. acquired a new stake in shares of Wyndham Worldwide Corp during the second quarter worth $170,000. Lipe & Dalton acquired a new stake in shares of Wyndham Worldwide Corp during the second quarter worth $3,463,000. Brant Point Investment Management LLC acquired a new stake in shares of Wyndham Worldwide Corp during the first quarter worth $3,346,000. Freestone Capital Holdings LLC increased its position in shares of Wyndham Worldwide Corp by 9.0% during the second quarter. Freestone Capital Holdings LLC now owns 43,772 shares of the company’s stock worth $4,395,000 after buying an additional 3,614 shares during the period. Finally, State of Tennessee Treasury Department increased its position in shares of Wyndham Worldwide Corp by 16.6% during the second quarter. State of Tennessee Treasury Department now owns 101,473 shares of the company’s stock worth $10,189,000 after buying an additional 14,437 shares during the period. Institutional investors own 94.81% of the company’s stock.

Shares of Wyndham Worldwide Corp (WYN) opened at 105.23 on Monday. Wyndham Worldwide Corp has a 12-month low of $62.60 and a 12-month high of $106.50. The firm has a 50-day moving average of $99.50 and a 200-day moving average of $96.05. The firm has a market capitalization of $10.82 billion, a PE ratio of 19.38 and a beta of 1.35.

Wyndham Worldwide Corp (NYSE:WYN) last issued its quarterly earnings data on Wednesday, August 2nd. The company reported $1.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.50 by $0.03. Wyndham Worldwide Corp had a net margin of 10.17% and a return on equity of 91.17%. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.47 billion. During the same period in the prior year, the business earned $1.40 EPS. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. Equities analysts anticipate that Wyndham Worldwide Corp will post $6.17 earnings per share for the current year.

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

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In other news, Director George Herrera sold 323 shares of the company’s 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 transaction was disclosed in a filing with the SEC, which is available through this link. 2.39% of the stock is owned by corporate insiders.

Several research firms have recently weighed in on WYN. Stifel Nicolaus reiterated a “buy” rating and set a $110.00 price objective (up from $108.00) on shares of Wyndham Worldwide Corp in a research report on Thursday, June 22nd. BidaskClub upgraded shares of Wyndham Worldwide Corp from a “buy” rating to a “strong-buy” rating in a research report 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 objective for the company in a research report on Wednesday, June 28th. Telsey Advisory Group cut shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price objective for the company. in a research report on Friday, August 4th. Finally, Buckingham Research began coverage on shares of Wyndham Worldwide Corp in a research report on Monday, June 19th. They set a “buy” rating and a $114.00 price objective for the company. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $99.22.

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: 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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