Wyndham Worldwide (NYSE:WYN) Rating Reaffirmed
They currently have a $90 price target on Wyndham Worldwide (NYSE:WYN). The target price by Stifel would suggest a potential upside of 19.63% from the company’s last stock close. This has been announced in a recent research report on Friday, 11 December.
From a total of 9 analysts covering Wyndham Worldwide Corporation (NYSE:WYN) stock, 7 rate it a ”Buy”, 1 a “Sell”, and 1 a ”Hold”. This means that 78% of the ratings are positive. The highest target price is $104 while the lowest target price is $71. The mean of all analyst targets is $91.33 with a 24.51% above today’s ($75.23) stock price. Wyndham Worldwide Corporation was the topic of 5 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs downgraded shares on October 29 to “Buy” rating.
The stock increased 0.04% or $0.03 during the last trading session, striking $75.23. Approximately shares of stock traded hands. Wyndham Worldwide Corporation (NYSE:WYN) has declined 13.24% since May 8, 2015 and is downtrending. It has underperformed by 10.22% the S&P500.
The overall sentiment of institutions has increased to 0.99 in Q2 2015. Its up 0.08, from 0.91 in 2015Q2. The ratio improved, as 43 institutions have sold all the shares of Wyndham Worldwide Corporation that they owned while 170 funds have taken shares off the table. 44 funds have purchased shares for the first time while 166 added to their positions. These institutions now hold 102.21 million shares or 7.15% less than the 110.08 million shares they owned in 2015Q2.
The Fund Lionstone Capital Management Llc currently is holding shares equating to 4.9% of its total portfolio in Wyndham Worldwide Corporation representing a total of 130,140 shares. Another fund,Iridian Asset Management Llc Ct, is holding a total of 5.57 million shares equating to 3.38% of their holdings. Additionally, Tremblant Capital Group has a 650,599 share stake in Wyndham Worldwide Corporation which represents 3.01% of their total portfolio. The Fund, Pecaut & Co., based out of Iowa, has also built up a stake in the stock, which represents a total of 2.74% of their total portfolio. Finally Mrj Capital Inc, a fund which is based in the state of New York reported a total holdings of 60,100 shares.
Insider activity is a very important aspect to track on any stock. Going back to March 17, 2015, shareholders of Wyndham Worldwide Corporation have witnessed 0 insider purchases, and a total of 1 sale equating to a net activity of approximately $28,660 . Herrera George sold 402 shares worth approximately $28,660. Conforti Thomas G. sold 34,976 shares worth approximately $3.16M. Rossi Nicola sold 4,000 shares worth approximately $362,160.
Wyndham Worldwide Corporation is a hospitality company. The company has a market cap of $8.73 billion. The Firm offers individual clients and business clients a wide range of hospitality services and products through a portfolio of brands, including Wyndham Hotels and Resorts, Ramada, Days Inn, Super 8, Howard Johnson, Wingate by Wyndham, Microtel Inns & Suites, Tryp by Wyndham, RCI, Landal GreenParks, and others. It has 16.27 P/E ratio.
According to Zacks Investment Research, “Wyndham Worldwide offers individual consumers and business customers a broad array of hospitality products and services as well as various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands. The Company operates in the lodging, vacation exchange and rentals, and vacation ownership segments of the hospitality industry. Through the lodging business, the Company franchise hotels in the upscale, midscale, and economy segments of the lodging industry and provide hotel management services to owners of luxury, upscale and midscale hotels. Through the vacation exchange and rentals business, the Company provides vacation exchange products and services and access to distribution systems and networks to resort developers and owners of intervals of vacation ownership interests. Through, the vacation ownership business, the Company develops, markets and sells vacation ownership interests to individual consumers.” Get a free copy of the Zacks research report on Wyndham Worldwide Corporation (WYN).