Raymond James Financial Services Advisors Inc. increased its position in shares of Wyndham Worldwide Corp (NYSE:WYN) by 22.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,878 shares of the company’s stock after buying an additional 7,629 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Wyndham Worldwide Corp were worth $3,198,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Meridian Investment Counsel Inc. raised its position in shares of Wyndham Worldwide Corp by 35.9% in the second quarter. Meridian Investment Counsel Inc. now owns 18,785 shares of the company’s stock worth $1,338,000 after buying an additional 4,960 shares in the last quarter. Icon Advisers Inc. Co. raised its position in shares of Wyndham Worldwide Corp by 2.8% in the second quarter. Icon Advisers Inc. Co. now owns 163,110 shares of the company’s stock worth $11,618,000 after buying an additional 4,470 shares in the last quarter. Affinity Investment Advisors LLC raised its position in shares of Wyndham Worldwide Corp by 21.8% in the second quarter. Affinity Investment Advisors LLC now owns 221,601 shares of the company’s stock worth $15,785,000 after buying an additional 39,606 shares in the last quarter. CENTRAL TRUST Co raised its position in shares of Wyndham Worldwide Corp by 12.3% in the second quarter. CENTRAL TRUST Co now owns 26,151 shares of the company’s stock worth $1,863,000 after buying an additional 2,856 shares in the last quarter. Finally, R.M.SINCERBEAUX Capital Management LLC raised its position in shares of Wyndham Worldwide Corp by 29.5% in the second quarter. R.M.SINCERBEAUX Capital Management LLC now owns 32,500 shares of the company’s stock worth $2,314,000 after buying an additional 7,400 shares in the last quarter. 94.41% of the stock is currently owned by institutional investors and hedge funds.
Wyndham Worldwide Corp (NYSE:WYN) traded down 0.02% during trading on Monday, hitting $81.75. The company had a trading volume of 1,738,241 shares. The stock has a 50-day moving average of $78.28 and a 200 day moving average of $72.13. Wyndham Worldwide Corp has a one year low of $62.60 and a one year high of $82.28. The company has a market capitalization of $8.81 billion, a price-to-earnings ratio of 15.68 and a beta of 1.24.
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A number of research analysts have recently commented on the company. Zacks Investment Research lowered Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a report on Monday, February 6th. Janney Montgomery Scott started coverage on Wyndham Worldwide Corp in a report on Monday, January 30th. They issued a “neutral” rating and a $87.00 target price on the stock. MKM Partners lowered their target price on Wyndham Worldwide Corp from $93.00 to $90.00 and set a “buy” rating on the stock in a report on Monday, December 5th. Finally, Nomura reaffirmed a “neutral” rating and issued a $69.00 target price (down previously from $75.00) on shares of Wyndham Worldwide Corp in a report on Thursday, October 27th. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $80.75.
In other Wyndham Worldwide Corp news, VP Nicola Rossi sold 2,379 shares of Wyndham Worldwide Corp stock in a transaction dated Thursday, December 15th. The stock was sold at an average price of $77.35, for a total transaction of $184,015.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.03% of the stock is currently owned by insiders.
Wyndham Worldwide Corp 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: Hotel Group, Destination Network and Vacation Ownership. The Hotel Group segment has approximately 7,800 hotels and over 678,000 hotel rooms around the world.
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