Some Traders See Unusual Bearish Options Activity in Wyndham Worldwide Corporation

 Some Traders See Unusual Bearish Options Activity in Wyndham Worldwide Corporation

In today’s session Wyndham Worldwide Corporation (WYN) recorded an unusually high (2,191) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the October, 2016 put, expecting serious WYN decrease. With 2,191 contracts traded and 27374 open interest for the Oct, 16 contract, it seems this is a quite bearish bet. The option with symbol: WYN161021P00065000 closed last at: $0.5 or 0% . About 352,120 shares traded hands. Wyndham Worldwide Corporation (NYSE:WYN) has declined 8.69% since March 8, 2016 and is downtrending. It has underperformed by 18.00% the S&P500.

Analysts await Wyndham Worldwide Corporation (NYSE:WYN) to report earnings on October, 25. They expect $1.94 EPS, up 8.99% or $0.16 from last year’s $1.78 per share. WYN’s profit will be $216.23 million for 8.66 P/E if the $1.94 EPS becomes a reality. After $1.40 actual EPS reported by Wyndham Worldwide Corporation for the previous quarter, Wall Street now forecasts 38.57% EPS growth.

Wyndham Worldwide Corporation (NYSE:WYN) Ratings Coverage

Out of 7 analysts covering Wyndham Worldwide Corporation (NYSE:WYN), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. $107 is the highest target while $63 is the lowest. The $81.40 average target is 21.13% above today’s ($67.2) stock price. Wyndham Worldwide Corporation has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Friday, February 5 by Credit Suisse. The company was upgraded on Monday, January 11 by Deutsche Bank. On Thursday, October 29 the stock rating was downgraded by Goldman Sachs to “Buy”. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Buy” rating by M Partners on Thursday, January 14. The rating was initiated by Goldman Sachs on Monday, September 26 with “Neutral”. The stock of Wyndham Worldwide Corporation (NYSE:WYN) has “Buy” rating given on Friday, December 11 by Stifel Nicolaus.

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.”

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.18, from 0.85 in 2016Q1. The ratio improved, as 48 funds sold all Wyndham Worldwide Corporation shares owned while 156 reduced positions. 53 funds bought stakes while 158 increased positions. They now own 105.00 million shares or 5.88% less from 111.55 million shares in 2016Q1.
Creative Planning owns 5,163 shares or 0% of their US portfolio. Herndon Mngmt Ltd Llc holds 0% or 608 shares in its portfolio. The New York-based Tompkins Financial Corp has invested 0.02% in Wyndham Worldwide Corporation (NYSE:WYN). Moreover, Los Angeles Cap Management And Equity Research has 0.23% invested in Wyndham Worldwide Corporation (NYSE:WYN) for 373,696 shares. Synovus Financial Corp has 1,023 shares for 0% of their US portfolio. Tarbox accumulated 67 shares or 0% of the stock. Teachers Incorporated has invested 0.03% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Raab And Moskowitz Asset Mngmt Ltd accumulated 0.48% or 11,957 shares. Northpointe Ltd Liability, a Michigan-based fund reported 27,847 shares. Ivory Mngmt Lc last reported 186,629 shares in the company. Meeder Asset Mngmt has 142 shares for 0% of their US portfolio. Fincl Architects accumulated 0% or 93 shares. Moreover, Wedge Capital Mngmt L Lp Nc has 0.15% invested in Wyndham Worldwide Corporation (NYSE:WYN) for 448,423 shares. Patten Incorporated accumulated 0% or 100 shares. Renaissance Technology Ltd accumulated 46,100 shares or 0.01% of the stock.

Insider Transactions: Since June 1, 2016, the stock had 0 insider buys, and 2 insider sales for $63,968 net activity. On Wednesday, June 1 the insider HERRERA GEORGE sold $30,769.

Wyndham Worldwide Corporation is a hospitality company. The company has a market cap of $7.49 billion. The Firm offers a range of hospitality services and products through its global portfolio of brands. It has a 13.28 P/E ratio. The Firm operates through three divisions: Hotel Group, Destination Network and Vacation Ownership.

WYN Company Profile

Wyndham Worldwide Corporation, incorporated on May 30, 2003, is a hospitality company. The Firm offers a range of hospitality services and products through its global portfolio of brands. The Firm operates through three divisions: Hotel Group, Destination Network and 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.

More news for Wyndham Worldwide Corporation (NYSE:WYN) were recently published by: Finance.Yahoo.com, which released: “Wyndham Worldwide Corporation (WYN)” on February 09, 2016. Forbes.com‘s article titled: “RSI Alert: Wyndham Worldwide Now Oversold” and published on September 13, 2016 is yet another important article.

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