Dupont Capital Management Corp purchased a new stake in Wyndham Destinations (NASDAQ:WYND) during the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 13,400 shares of the company’s stock, valued at approximately $581,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WYND. Tower Research Capital LLC TRC acquired a new position in shares of Wyndham Destinations in the 2nd quarter valued at $103,000. Huntington National Bank acquired a new position in shares of Wyndham Destinations in the 2nd quarter valued at $128,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Wyndham Destinations in the 2nd quarter valued at $146,000. Duncker Streett & Co. Inc. acquired a new position in shares of Wyndham Destinations in the 2nd quarter valued at $152,000. Finally, James Investment Research Inc. purchased a new position in shares of Wyndham Destinations in the 2nd quarter valued at $157,000.

In related news, Director Stephen P. Holmes sold 50,000 shares of Wyndham Destinations stock in a transaction on Monday, November 12th. The shares were sold at an average price of $41.47, for a total transaction of $2,073,500.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director George Herrera sold 767 shares of Wyndham Destinations stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $43.68, for a total transaction of $33,502.56. The disclosure for this sale can be found here. Insiders have sold a total of 100,767 shares of company stock worth $4,194,003 in the last ninety days.

WYND has been the topic of a number of research reports. Zacks Investment Research raised shares of Wyndham Destinations from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 31st. Credit Suisse Group cut their target price on shares of Wyndham Destinations from $55.00 to $49.00 and set a “neutral” rating on the stock in a research note on Thursday, August 9th. TheStreet downgraded shares of Wyndham Destinations from a “b-” rating to a “c+” rating in a research note on Wednesday, October 10th. Oppenheimer set a $66.00 target price on shares of Wyndham Destinations and gave the company a “buy” rating in a research note on Thursday, November 1st. Finally, Deutsche Bank set a $58.00 target price on shares of Wyndham Destinations and gave the company a “buy” rating in a research note on Thursday, November 1st. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Wyndham Destinations has an average rating of “Buy” and a consensus price target of $57.50.

Shares of WYND stock opened at $41.29 on Tuesday. Wyndham Destinations has a 52 week low of $33.61 and a 52 week high of $57.67.

Wyndham Destinations (NASDAQ:WYND) last issued its earnings results on Thursday, November 1st. The company reported $1.47 EPS for the quarter, beating the Zacks’ consensus estimate of $1.42 by $0.05. The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.06 billion. Wyndham Destinations’s revenue was up 4.6% on a year-over-year basis.

The company also recently declared 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 annualized dividend and a yield of 3.97%. The ex-dividend date is Thursday, December 13th.

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Wyndham Destinations 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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