Affinity Investment Advisors LLC grew its stake in Wyndham Destinations (NASDAQ:WYND) by 21.0% in the 3rd quarter, Holdings Channel reports. The firm owned 116,131 shares of the company’s stock after purchasing an additional 20,162 shares during the period. Affinity Investment Advisors LLC’s holdings in Wyndham Destinations were worth $5,035,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. American International Group Inc. boosted its position in shares of Wyndham Destinations by 11.8% in the 3rd quarter. American International Group Inc. now owns 240,593 shares of the company’s stock worth $10,432,000 after purchasing an additional 25,396 shares in the last quarter. Iridian Asset Management LLC CT increased its stake in shares of Wyndham Destinations by 59.6% in the 3rd quarter. Iridian Asset Management LLC CT now owns 8,766,826 shares of the company’s stock valued at $380,130,000 after purchasing an additional 3,272,233 shares in the last quarter. Hourglass Capital LLC purchased a new position in shares of Wyndham Destinations in the 3rd quarter valued at about $264,000. Bank of New York Mellon Corp increased its stake in Wyndham Destinations by 11.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,773,807 shares of the company’s stock worth $76,911,000 after buying an additional 185,327 shares in the last quarter. Finally, AXA purchased a new stake in Wyndham Destinations during the 3rd quarter worth approximately $15,078,000.

In other news, Director George Herrera sold 767 shares of the company’s stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $43.68, for a total value of $33,502.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen P. Holmes sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $41.46, for a total transaction of $1,243,800.00. The disclosure for this sale can be found here. Insiders sold a total of 100,767 shares of company stock valued at $4,194,003 in the last three months.

Several research analysts have recently weighed in on the company. Oppenheimer set a $66.00 target price on Wyndham Destinations and gave the stock a “buy” rating in a report on Thursday, November 1st. Macquarie upgraded Wyndham Destinations from an “underperform” rating to a “neutral” rating in a research note on Friday, November 2nd. Zacks Investment Research cut Wyndham Destinations from a “buy” rating to a “hold” rating in a research note on Saturday, October 13th. JPMorgan Chase & Co. cut their price objective on Wyndham Destinations from $48.00 to $43.00 and set a “neutral” rating on the stock in a research report on Friday, November 2nd. Finally, Credit Suisse Group cut their price objective on Wyndham Destinations from $55.00 to $49.00 and set a “neutral” rating on the stock in a research report on Thursday, August 9th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Wyndham Destinations presently has an average rating of “Buy” and an average target price of $57.50.

Shares of WYND opened at $42.05 on Thursday. Wyndham Destinations has a fifty-two week low of $33.61 and a fifty-two week high of $57.67.

Wyndham Destinations (NASDAQ:WYND) last posted its earnings results on Thursday, November 1st. The company reported $1.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.05. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.06 billion. The business’s revenue for the quarter was up 4.6% on a year-over-year basis.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 28th. Stockholders of record on Friday, December 14th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.90%. The ex-dividend date of this dividend is Thursday, December 13th.

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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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