Flinton Capital Management LLC boosted its position in Wyndham Worldwide Co. (NYSE:WYN) by 49.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,256 shares of the company’s stock after buying an additional 30,294 shares during the period. Flinton Capital Management LLC owned approximately 0.09% of Wyndham Worldwide worth $10,574,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of WYN. Investec Asset Management LTD purchased a new stake in Wyndham Worldwide in the fourth quarter valued at approximately $226,144,000. JPMorgan Chase & Co. boosted its position in Wyndham Worldwide by 52.3% in the third quarter. JPMorgan Chase & Co. now owns 2,025,053 shares of the company’s stock valued at $213,136,000 after buying an additional 695,118 shares during the last quarter. Iridian Asset Management LLC CT boosted its position in Wyndham Worldwide by 40.6% in the third quarter. Iridian Asset Management LLC CT now owns 2,188,588 shares of the company’s stock valued at $230,699,000 after buying an additional 631,648 shares during the last quarter. Janus Henderson Group PLC boosted its position in Wyndham Worldwide by 479.7% in the third quarter. Janus Henderson Group PLC now owns 726,274 shares of the company’s stock valued at $76,556,000 after buying an additional 600,980 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its position in Wyndham Worldwide by 52.0% in the fourth quarter. Guggenheim Capital LLC now owns 542,037 shares of the company’s stock valued at $62,804,000 after buying an additional 185,409 shares during the last quarter. Hedge funds and other institutional investors own 92.98% of the company’s stock.
In other news, VP Scott G. Mclester sold 15,381 shares of the stock in a transaction that occurred 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 transaction, the vice president now owns 8,917 shares in the company, valued at approximately $1,025,455. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Geoffrey A. Ballotti sold 8,968 shares of the stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $114.73, for a total value of $1,028,898.64. Following the transaction, the chief executive officer now owns 137,784 shares in the company, valued at approximately $15,807,958.32. The disclosure for this sale can be found here. Insiders have sold a total of 34,891 shares of company stock worth $4,042,356 in the last quarter. Insiders own 2.39% of the company’s stock.
Shares of Wyndham Worldwide Co. (NYSE:WYN) opened at $118.40 on Wednesday. The company has a debt-to-equity ratio of 6.44, a current ratio of 1.17 and a quick ratio of 1.03. Wyndham Worldwide Co. has a 52-week low of $81.16 and a 52-week high of $127.96. The company has a market capitalization of $11,858.12, a P/E ratio of 19.21 and a beta of 1.38.
Wyndham Worldwide (NYSE:WYN) last released its quarterly earnings data on Wednesday, February 14th. The company reported $1.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.14. Wyndham Worldwide had a return on equity of 92.39% and a net margin of 15.35%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the prior year, the firm posted $1.35 EPS. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. sell-side analysts forecast that Wyndham Worldwide Co. will post 7.03 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.66 per share. This is a positive change from Wyndham Worldwide’s previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.23%. Wyndham Worldwide’s dividend payout ratio (DPR) is 27.42%.
Wyndham Worldwide 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.
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