Russell Investments Group Ltd. raised its position in Wyndham Destinations (NASDAQ:WYND) by 44.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 183,395 shares of the company’s stock after purchasing an additional 56,165 shares during the period. Russell Investments Group Ltd.’s holdings in Wyndham Destinations were worth $7,951,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Wyndham Destinations in the second quarter valued at $413,146,000. FMR LLC acquired a new stake in Wyndham Destinations in the second quarter valued at $328,935,000. Boston Partners acquired a new stake in Wyndham Destinations in the second quarter valued at $294,781,000. Iridian Asset Management LLC CT acquired a new stake in Wyndham Destinations in the second quarter valued at $243,246,000. Finally, LSV Asset Management acquired a new stake in Wyndham Destinations in the second quarter valued at $111,386,000.

WYND opened at $41.68 on Monday. Wyndham Destinations has a 52 week low of $33.61 and a 52 week high of $57.67.

Wyndham Destinations (NASDAQ:WYND) last posted its quarterly earnings data on Thursday, November 1st. The company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.05. The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Thursday, December 13th.

Several analysts have weighed in on WYND shares. Deutsche Bank set a $58.00 target price on Wyndham Destinations and gave the company a “buy” rating in a report on Thursday, November 1st. Oppenheimer set a $66.00 target price on Wyndham Destinations and gave the company a “buy” rating in a report on Thursday, November 1st. Zacks Investment Research raised Wyndham Destinations from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Saturday, August 11th. TheStreet lowered Wyndham Destinations from a “b-” rating to a “c+” rating in a report on Wednesday, October 10th. Finally, JPMorgan Chase & Co. lowered their target price on Wyndham Destinations from $48.00 to $43.00 and set a “neutral” rating on the stock in a report on Friday, November 2nd. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $57.50.

In related news, Director Stephen P. Holmes sold 50,000 shares of the stock in a transaction on Monday, November 12th. The stock was sold at an average price of $41.47, for a total transaction of $2,073,500.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen P. Holmes sold 20,000 shares of the stock in a transaction on Wednesday, November 14th. The shares were sold at an average price of $42.16, for a total value of $843,200.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 70,767 shares of company stock worth $2,950,203.

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Wyndham Destinations Company Profile

Wyndham Destinations, Inc engages in the provision of hospitality services and products. It operates through three business segments: Hotel Group, Destination Network, Vacation Ownership, and Corporate and Other. The Hotel Group segment franchises hotels in the upscale, upper midscale, midscale, economy, and extended stay segments; and provides hotel management services for full-service and select limited-service hotels.

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Institutional Ownership by Quarter for Wyndham Destinations (NASDAQ:WYND)

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