Swiss National Bank Sells 4,100 Shares of Wyndham Worldwide Co. (WYN)

Swiss National Bank cut its holdings in Wyndham Worldwide Co. (NYSE:WYN) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 380,400 shares of the company’s stock after selling 4,100 shares during the quarter. Swiss National Bank owned 0.38% of Wyndham Worldwide worth $44,077,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. M&T Bank Corp grew its holdings in shares of Wyndham Worldwide by 2.2% in the fourth quarter. M&T Bank Corp now owns 21,777 shares of the company’s stock valued at $2,522,000 after purchasing an additional 464 shares in the last quarter. Boston Private Wealth LLC grew its holdings in shares of Wyndham Worldwide by 3.9% in the third quarter. Boston Private Wealth LLC now owns 12,577 shares of the company’s stock valued at $1,326,000 after purchasing an additional 476 shares in the last quarter. ETRADE Capital Management LLC grew its holdings in shares of Wyndham Worldwide by 16.2% in the third quarter. ETRADE Capital Management LLC now owns 3,588 shares of the company’s stock valued at $378,000 after purchasing an additional 499 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of Wyndham Worldwide by 2.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 20,678 shares of the company’s stock valued at $2,396,000 after purchasing an additional 539 shares in the last quarter. Finally, Pillar Pacific Capital Management LLC grew its holdings in shares of Wyndham Worldwide by 1.8% in the fourth quarter. Pillar Pacific Capital Management LLC now owns 31,355 shares of the company’s stock valued at $3,633,000 after purchasing an additional 540 shares in the last quarter. 93.72% of the stock is owned by hedge funds and other institutional investors.

In other news, VP Scott G. Mclester sold 15,381 shares of Wyndham Worldwide stock in a transaction on Monday, December 18th. The stock was sold at an average price of $115.00, for a total transaction of $1,768,815.00. Following the completion of the sale, the vice president now directly owns 8,917 shares in the company, valued at $1,025,455. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.39% of the stock is currently owned by company insiders.

A number of research analysts recently weighed in on the stock. Jefferies Group initiated coverage on shares of Wyndham Worldwide in a report on Friday, January 19th. They issued a “buy” rating and a $202.00 target price for the company. Wolfe Research raised shares of Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a research note on Thursday, December 21st. Zacks Investment Research lowered shares of Wyndham Worldwide from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. SunTrust Banks lifted their price objective on shares of Wyndham Worldwide to $131.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $130.00 price objective on shares of Wyndham Worldwide in a research note on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. Wyndham Worldwide presently has a consensus rating of “Buy” and a consensus price target of $123.44.

Wyndham Worldwide Co. (WYN) opened at $121.08 on Friday. The company has a debt-to-equity ratio of 9.00, a quick ratio of 0.81 and a current ratio of 0.96. The company has a market cap of $12,270.00, a price-to-earnings ratio of 15.15 and a beta of 1.37. Wyndham Worldwide Co. has a one year low of $81.16 and a one year high of $127.96.

Wyndham Worldwide (NYSE:WYN) last released its earnings results on Wednesday, February 14th. The company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.14. Wyndham Worldwide had a return on equity of 101.69% and a net margin of 15.35%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.39 billion. During the same period last year, the company earned $1.35 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. equities analysts anticipate that Wyndham Worldwide Co. will post 6.91 EPS for the current fiscal year.

Wyndham Worldwide announced that its board has authorized a stock repurchase program on Wednesday, October 25th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

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Wyndham Worldwide Company Profile

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 (NYSE:WYN)

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