Ativo Capital Management LLC Acquires Shares of 16,000 Wyndham Worldwide Corp (WYN)

Ativo Capital Management LLC acquired a new stake in shares of Wyndham Worldwide Corp (NYSE:WYN) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,000 shares of the company’s stock, valued at approximately $1,607,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. IHT Wealth Management LLC raised its stake in shares of Wyndham Worldwide Corp by 15.9% during the first quarter. IHT Wealth Management LLC now owns 1,463 shares of the company’s stock valued at $123,000 after purchasing an additional 201 shares in the last quarter. Dubuque Bank & Trust Co. raised its stake in shares of Wyndham Worldwide Corp by 125.0% during the second quarter. Dubuque Bank & Trust Co. now owns 1,483 shares of the company’s stock valued at $149,000 after purchasing an additional 824 shares in the last quarter. Bronfman E.L. Rothschild L.P. raised its stake in shares of Wyndham Worldwide Corp by 26.3% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 1,625 shares of the company’s stock valued at $163,000 after purchasing an additional 338 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of Wyndham Worldwide Corp by 3.4% during the first quarter. Pacer Advisors Inc. now owns 1,987 shares of the company’s stock valued at $167,000 after purchasing an additional 66 shares in the last quarter. Finally, Smithfield Trust Co. bought a new stake in Wyndham Worldwide Corp in the second quarter worth about $170,000. Institutional investors and hedge funds own 94.81% of the company’s stock.

Several equities research analysts have commented on WYN shares. BidaskClub cut shares of Wyndham Worldwide Corp from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Telsey Advisory Group cut shares of Wyndham Worldwide Corp from an “outperform” rating to a “market perform” rating and set a $115.00 price target on the stock. in a research report on Friday, August 4th. Zacks Investment Research upgraded shares of Wyndham Worldwide Corp from a “hold” rating to a “buy” rating and set a $118.00 price target on the stock in a research report on Wednesday, June 28th. Stifel Nicolaus reiterated a “buy” rating and issued a $110.00 price target (up from $108.00) on shares of Wyndham Worldwide Corp in a research report on Thursday, June 22nd. Finally, Buckingham Research started coverage on shares of Wyndham Worldwide Corp in a research report on Monday, June 19th. They issued a “buy” rating and a $114.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $99.22.

Shares of Wyndham Worldwide Corp (WYN) traded up 0.01% during trading on Wednesday, reaching $101.53. The company had a trading volume of 68,283 shares. The company has a 50 day moving average of $99.50 and a 200-day moving average of $96.05. The firm has a market capitalization of $10.44 billion, a P/E ratio of 18.70 and a beta of 1.35. Wyndham Worldwide Corp has a 52-week low of $62.60 and a 52-week high of $106.50.

Wyndham Worldwide Corp (NYSE:WYN) last issued its quarterly earnings results on Wednesday, August 2nd. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.03. Wyndham Worldwide Corp had a return on equity of 91.17% and a net margin of 10.17%. The business had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.47 billion. During the same quarter in the prior year, the firm posted $1.40 earnings per share. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. Equities analysts expect that Wyndham Worldwide Corp will post $6.18 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 25th were paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend was Wednesday, August 23rd. Wyndham Worldwide Corp’s dividend payout ratio (DPR) is presently 43.04%.

In other news, Director George Herrera sold 323 shares of the company’s stock in a transaction on Friday, August 11th. The stock was sold at an average price of $97.60, for a total transaction of $31,524.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.39% of the company’s stock.

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Wyndham Worldwide Corp 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 Corp (NYSE:WYN)

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