Teacher Retirement System of Texas Buys New Stake in Wyndham Worldwide Corp (WYN)

Teacher Retirement System of Texas bought a new stake in Wyndham Worldwide Corp (NYSE:WYN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 4,755 shares of the company’s stock, valued at approximately $401,000.

Other large investors have also recently added to or reduced their stakes in the company. Tudor Investment Corp Et Al raised its stake in Wyndham Worldwide Corp by 90.3% in the fourth quarter. Tudor Investment Corp Et Al now owns 28,905 shares of the company’s stock valued at $2,207,000 after buying an additional 13,713 shares in the last quarter. Two Sigma Investments LP raised its stake in Wyndham Worldwide Corp by 1,000.6% in the fourth quarter. Two Sigma Investments LP now owns 107,815 shares of the company’s stock valued at $8,234,000 after buying an additional 98,019 shares in the last quarter. First Republic Investment Management Inc. raised its stake in Wyndham Worldwide Corp by 23.7% in the fourth quarter. First Republic Investment Management Inc. now owns 7,396 shares of the company’s stock valued at $565,000 after buying an additional 1,415 shares in the last quarter. A.R.T. Advisors LLC raised its stake in Wyndham Worldwide Corp by 193.9% in the fourth quarter. A.R.T. Advisors LLC now owns 14,400 shares of the company’s stock valued at $1,099,000 after buying an additional 9,500 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in Wyndham Worldwide Corp by 13.2% in the fourth quarter. Envestnet Asset Management Inc. now owns 39,398 shares of the company’s stock valued at $3,007,000 after buying an additional 4,590 shares in the last quarter. 93.85% of the stock is owned by institutional investors.

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

Shares of Wyndham Worldwide Corp (NYSE WYN) traded down 0.73% during midday trading on Tuesday, reaching $102.49. 251,181 shares of the company’s stock were exchanged. Wyndham Worldwide Corp has a one year low of $62.60 and a one year high of $103.70. The stock has a market cap of $10.68 billion, a P/E ratio of 16.95 and a beta of 1.33. The company’s 50-day moving average is $98.26 and its 200-day moving average is $86.04.

Wyndham Worldwide Corp (NYSE:WYN) last posted its quarterly earnings data on Wednesday, April 26th. The company reported $1.14 EPS for the quarter, beating the Zacks’ consensus estimate of $1.11 by $0.03. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Wyndham Worldwide Corp had a return on equity of 85.08% and a net margin of 11.70%. The business’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 earnings per share. Equities analysts expect that Wyndham Worldwide Corp will post $6.17 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. Stockholders of record on Friday, May 26th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Wednesday, May 24th. Wyndham Worldwide Corp’s dividend payout ratio (DPR) is presently 38.47%.

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Several equities research analysts recently issued reports on the stock. Buckingham Research assumed coverage on shares of Wyndham Worldwide Corp in a report on Monday. They issued a “buy” rating and a $114.00 target price for the company. Wolfe Research lowered shares of Wyndham Worldwide Corp from a “market perform” rating to an “underperform” rating in a report on Thursday, April 27th. Zacks Investment Research raised shares of Wyndham Worldwide Corp from a “sell” rating to a “hold” rating in a report on Friday, April 28th. Stifel Nicolaus cut their price objective on shares of Wyndham Worldwide Corp from $108.00 to $90.00 and set a “buy” rating for the company in a report on Monday, May 1st. Finally, MKM Partners reaffirmed a “buy” rating and set a $111.00 price objective (up from $95.00) on shares of Wyndham Worldwide Corp in a report on Wednesday, April 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. Wyndham Worldwide Corp currently has a consensus rating of “Hold” and a consensus price target of $88.50.

In other news, Director George Herrera sold 345 shares of the business’s stock in a transaction that occurred on Wednesday, May 3rd. The stock was sold at an average price of $96.02, for a total value of $33,126.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas F. Anderson sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, April 27th. The shares were sold at an average price of $100.06, for a total value of $500,300.00. Following the completion of the sale, the executive vice president now owns 24,043 shares of the company’s stock, valued at $2,405,742.58. The disclosure for this sale can be found here. 2.39% of the stock is 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: 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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