Dean Capital Investments Management LLC Purchases New Holdings in Wyndham Worldwide Co. (NYSE:WYN)

Dean Capital Investments Management LLC acquired a new stake in Wyndham Worldwide Co. (NYSE:WYN) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,659 shares of the company’s stock, valued at approximately $308,000.

Several other large investors also recently modified their holdings of WYN. Elliott Management Corp acquired a new stake in Wyndham Worldwide during the second quarter worth about $80,329,000. JPMorgan Chase & Co. grew its stake in shares of 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 in the last quarter. Iridian Asset Management LLC CT grew its stake in shares of 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 in the last quarter. Janus Henderson Group PLC grew its stake in shares of 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 in the last quarter. Finally, Bank of Nova Scotia grew its stake in shares of Wyndham Worldwide by 2,145.9% in the second quarter. Bank of Nova Scotia now owns 543,207 shares of the company’s stock valued at $54,542,000 after buying an additional 519,020 shares in the last quarter. Institutional investors and hedge funds own 93.77% of the company’s stock.

WYN has been the subject of a number of recent research reports. Wolfe Research upgraded Wyndham Worldwide from an “underperform” rating to a “market perform” rating in a research note on Thursday, December 21st. Goldman Sachs Group upgraded Wyndham Worldwide from a “neutral” rating to a “buy” rating in a research note on Friday, January 19th. Stifel Nicolaus raised their price objective on Wyndham Worldwide from $113.00 to $123.00 in a research note on Friday, January 5th. They noted that the move was a valuation call. ValuEngine upgraded Wyndham Worldwide from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Jefferies Group began coverage on Wyndham Worldwide in a research note on Friday, January 19th. They set a “buy” rating and a $202.00 price objective for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $122.50.

In other Wyndham Worldwide 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 of the company’s stock, valued at approximately $1,025,455. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.39% of the company’s stock.

Wyndham Worldwide Co. (WYN) traded up $1.46 during trading hours on Friday, reaching $115.02. The company’s stock had a trading volume of 1,081,528 shares, compared to its average volume of 1,089,074. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 9.00. Wyndham Worldwide Co. has a 52 week low of $80.15 and a 52 week high of $127.96. The company has a market cap of $11,654.52, a P/E ratio of 19.01 and a beta of 1.37.

Wyndham Worldwide announced that its Board of Directors has initiated a stock repurchase program on Wednesday, October 25th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

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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.

Institutional Ownership by Quarter for Wyndham Worldwide (NYSE:WYN)

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