Can Wyndham Worldwide Corporation’s Tomorrow Be Different? Option Trader Are Very Bearish

 Can Wyndham Worldwide Corporation's Tomorrow Be Different? Option Trader Are Very Bearish

In today’s session Wyndham Worldwide Corporation (WYN) recorded an unusually high (2,183) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious WYN decrease. With 2,183 contracts traded and 59224 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: WYN161118P00065000 closed last at: $1.9 or 5.6% up. About 289,669 shares traded hands. Wyndham Worldwide Corporation (NYSE:WYN) has declined 14.26% since April 5, 2016 and is downtrending. It has underperformed by 16.21% the S&P500.

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. Wyndham Worldwide Corporation has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by M Partners given on Thursday, January 14. As per Friday, December 11, the company rating was maintained by Stifel Nicolaus. The stock of Wyndham Worldwide Corporation (NYSE:WYN) earned “Neutral” rating by Credit Suisse on Friday, February 5. The rating was upgraded by Deutsche Bank on Monday, January 11 to “Hold”. The firm has “Neutral” rating by Goldman Sachs given on Monday, September 26. The firm has “Buy” rating by Goldman Sachs given on Thursday, October 29.

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 Q2 2016. Its up 0.18, from 0.85 in 2016Q1. The ratio increased, 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.
Tci Wealth Advisors Incorporated accumulated 0.03% or 828 shares. Credit Suisse Ag holds 158,578 shares or 0.01% of its portfolio. Meiji Yasuda Life last reported 0.07% of its portfolio in the stock. Patten Group Inc Inc owns 100 shares or 0% of their US portfolio. Guggenheim Cap Limited Com has invested 0.1% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Moreover, Manchester Mngmt Ltd has 0.01% invested in Wyndham Worldwide Corporation (NYSE:WYN) for 619 shares. Northern Corp has invested 0.03% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Brinker Cap Incorporated has invested 0.06% of its portfolio in Wyndham Worldwide Corporation (NYSE:WYN). Trust Department Mb Financial Bank N A reported 114,594 shares or 1.16% of all its holdings. Oppenheimer And has 8,186 shares for 0.02% of their US portfolio. Great Lakes Advisors Ltd Limited Liability Company last reported 26,728 shares in the company. First Quadrant Ltd Partnership Ca last reported 3,800 shares in the company. Pacad reported 800 shares or 0.01% of all its holdings. Axa holds 138,500 shares or 0.04% of its portfolio. Loomis Sayles And L P holds 0.08% or 399,253 shares in its portfolio.

Insider Transactions: Since June 1, 2016, the stock had 0 insider purchases, and 3 insider sales for $97,988 net activity. HERRERA GEORGE had sold 516 shares worth $34,020.

Wyndham Worldwide Corporation is a hospitality company. The company has a market cap of $7.46 billion. The Firm offers a range of hospitality services and products through its global portfolio of brands. It has a 12.79 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 recent Wyndham Worldwide Corporation (NYSE:WYN) news were published by: Seekingalpha.com which released: “Dividend Pick: Wyndham Worldwide Corporation” on October 28, 2016. Also Forbes.com published the news titled: “Wyndham Worldwide Becomes Oversold” on October 26, 2016. Prnewswire.com‘s news article titled: “Services Stocks on Investors’ Radar — Tiffany, Signet Jewelers, Wyndham …” with publication date: November 08, 2016 was also an interesting one.

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